President Trump Issues Warning to Defense Firms Over Share Repurchases and Executive Compensation

President Donald Trump has issued a warning to defense firms about limits on share repurchases and executive compensation, citing concerns over investments in modernizing weapons production facilities. The move comes as the administration plans to issue an executive order targeting defense company share buybacks, dividends, and executive compensation. RTX, Boeing, L3Harris, General Dynamics, Lockheed Martin, and Northrop Grumman declined to comment on the matter. Trump’s statements also suggest a focus on increasing the defense budget, which could lead to increased spending on military equipment and personnel.