U.S. Defense Contractor Spending Restricted by Executive Order

Deep News
01/08

The White House has taken action to restrict underperforming defense contractors from conducting stock buybacks, paying dividends, and has set caps on executive compensation. This move will impact companies such as Lockheed Martin (LMT), General Dynamics (GD), Northrop Grumman (NOC), and RTX Corp (RTX).

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