President Donald Trump urged America’s defense contractors to invest in new and modern production facilities Wednesday, saying he would ban dividends, stock buybacks, and executive compensation exceeding $5 million until companies accelerate manufacturing and maintenance of critical military equipment.
In a Truth Social post, Trump called on defense industry leaders to redirect capital currently flowing to shareholders and executives toward building the production capacity needed to equip U.S. forces and allies more rapidly.
“Defense Contractors are currently issuing massive Dividends to their Shareholders and massive Stock Buybacks, at the…
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