President Donald Trump singled out Raytheon on Wednesday in his sweeping criticism of the defense industry, threatening to cut the company's government contracts if it didn't invest more in plants and equipment. The president said Raytheon has been "the least responsive" to the government's needs, slow in increasing volume, and has prioritized returning capital to shareholders over the military's priorities. Earlier in the day, Trump fired a broadside at the entire defense industry, posting on Truth Social that he would "not permit" further stock buybacks or dividends to be issued to shareholders.
Author: Brent D. Griffiths
Published at: 2026-01-07 22:55:26
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