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Stock impact report

Trump vows to block defense contractors until production speeds up [Yahoo! Finance]

Raytheon Technologies Corporation (RTX) 
Company Research Source: Yahoo! Finance
Trump, in the order , said the United States produces the best military equipment in the world, but does not make enough of it quickly enough to meet the military's needs. “As a result, in these dangerous times, it is imperative that our defense contractors be held to the highest standards intended to ensure the advancement of core national interests, including with respect to the timeliness and quality of the defense items that they deliver,” the order states. Trump shared that some contractors have made “critical investments” to increase production, but “far more have not.” The order said many of the country's large contractors are underperforming. “Effective immediately, they are not permitted in any way, shape, or form to pay dividends or buy back stock, until such time as they are able to produce a superior product, on time and on budget,” the order said. In a post online, Trump said the Defense Department has pointed at the large contractor Raytheon as the “least respon Show less Read more
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