Trump Targets Defense Dividends and Executive Pay

In a bold move, President Trump declared a halt on defense firms from issuing dividends

or stock buybacks until they step up military equipment production and address executive pay concerns,

which he finds excessive. He slammed defense contractors for their slow response to military needs

and insisted no executive should earn over $5 million until these issues are addressed.

Stocks of major players like General Dynamics, Lockheed Martin, and Northrop Grumman

dipped about 3% after his remarks. Trump singled out Raytheon for lackluster performance,

threatening to cut ties unless they boost investment in production capabilities. The ripple effects

of these actions on defense firms' financial strategies remain to be seen.