Trump sparks a surge in defense stocks
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President Donald Trump posted on Truth Social that defense companies need to invest more in plants and equipment and stop giving dividends to shareholders.
President Donald Trump took aim at defense contractors on Wednesday in an executive order.
Trump railed against Raytheon, the defense contractor, as not being receptive to the Department of War's needs.
U.S. President Donald Trump criticized defense contractor Raytheon for its slow response to military demands and threatened to cut government contracts if stock buybacks continued. Trump emphasized that future business with the U.