Trump Targets Defense Industry Payouts and Contracts
TL;DR Summary
President Trump criticized US defense contractors for slow military production and excessive executive pay, threatening to cut ties with Raytheon and urging increased investment in manufacturing and defense spending, while expressing concerns over shareholder profits taking precedence over military needs.
- Trump threatens US defence firms over executive pay, slow production Al Jazeera
- Trump threatens to cut Raytheon’s government contract Defense News
- Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver. Barron's
- Trump Orders Crackdown on Defense Industry Stock Buybacks The Wall Street Journal
- Defense firms seek legal advice over Trump's clampdown on payouts Reuters
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