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0 0.00182378361075544 -0.000480153649167843 0.00032010243277838 0.00320102432778489 0.00032010243277838 0.00152048655569771 0.00272087067861705
Stock impact report

Pentagon poised to curb some defense contractors' payouts under Trump order [Yahoo! Finance Canada]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
release, as soon as Friday, a list of companies who would be subject to potential restrictions on ?stock buybacks and dividend payments, nearly a month after President Donald Trump signed an executive order ?linking shareholder payouts to weapons delivery schedules. The list, which industry executives say has been shrouded in secrecy, will identify contractors the Pentagon deems ?to be underperforming on contracts while distributing profits to shareholders, according to three people familiar with the matter. Questions remain about whether subcontractors will be named and how broadly the Pentagon will define "defense contractor". The term could potentially sweep in commercial companies with limited Pentagon work. Trump's Jan. 7 executive order, titled "Prioritizing the Warfighter in Defense Contracting," gave Defense ?Secretary Pete Hegseth 30 days to identify ?contractors who are "underperforming on their contracts, not investing their own capital into necessary production capac Show less Read more
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