"All United State Defense Contractors, and the Defense Industry as a whole, BEWARE: While we make the best Military Equipment in the World (No other Country is even close!), Defense Contractors are currently issuing massive Dividends to their Shareholders and massive Stock Buybacks, at the expense and detriment of investing in Plants and Equipment. This situation will no longer be allowed or tolerated!"
"He said he would not permit dividends and stock buybacks by defense companies, or allow them to pay executives more than $5m, until they started to accelerate deliveries and build new and modern production plants. Trump's intervention came days after US forces struck Venezuela and captured its president, Nicolas Maduro. The Trump administration has also said it is examining a range of options to acquire Greenland, and noted that using the US military to do so is always an option."
The administration will restrict dividends, stock buybacks, and limit executive compensation at defense contractors until companies accelerate deliveries and build modern production plants. The measures aim to redirect capital toward investment in plants, equipment, and faster delivery of military hardware to the US military and allies. The move aligns with increased defense spending and follows recent US military action in Venezuela and public consideration of territorial options such as Greenland. CEO compensation in fiscal 2024 for major defense firms exceeded $18m–$24.3m, a focal point for the announced compensation and payout restrictions. Some companies declined to comment.
Read at www.theguardian.com
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