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0 0 7.97836268040347E-06 -0.000295199419175291 -0.00114090586329878 -0.00236957371608201 -9.5740352165023E-05 0.00101325206041215
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Hawley, Warren team up to back up Trump, crack down on defense contractor payouts [FOX News]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: FOX News
An unlikely bipartisan duo is teaming up to force defense contractors to prioritize military readiness over shareholder value. Sens. Josh Hawley, R-Mo., and Elizabeth Warren , D-Mass., introduced legislation that would require major defense contractors to prioritize delivering weapons by fulfilling their contracts fueled by taxpayer dollars over rewarding shareholders, with stiffer guardrails and oversight on the companies. Their bill, Prioritizing the Warfighter in Defense Contracting Act of 2026, would restrict stock buybacks, dividends and high executive pay unless companies meet Pentagon performance standards in their contracts. "America's defense contractors should be focused on expanding production, not padding their bottom lines," Hawley said in a statement to Fox News Digital. "But even as they make record profits, some firms have spent big on stock buybacks, dividend payouts and exorbitant executive salaries." The lawmakers argued that for several years, defense cont Show less Read more
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