US EditionTrump Threatens Cut in Raytheon's Government Contracts over Stock ...
Trump threatened to ban Raytheon’s stock buybacks and Pentagon contracts until it increases investment in production facilities, causing defense stocks to drop up to 5.5%, officials said.
7 Articles
7 Articles
Trump targets Raytheon, threatens to cut contracts over stock buybacks
Donald Trump has warned Raytheon that it could lose future US government contracts unless it halts stock buybacks, escalating his pressure campaign on defence companies to prioritise weapons production over shareholder returns. In a post on his Truth Social platform on Wednesday, the US president accused Raytheon of being the slowest major contractor to respond to Pentagon demands, saying he had been briefed by the Department of War on the comp…
Donald Trump has warned Raytheon that he could lose future contracts with the U.S. government unless he stops repurchase of shares, stepping up his campaign of pressure on defense companies to give priority to armament production over shareholder profits. In a post posted Wednesday on his Truth Social platform, the U.S. president accused Raytheon of being the slowest contractor to respond to Pentagon demands, claiming that the War Department had…
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