US defense stocks fall after Trump's comments on production problems
ReutersJan 7, 2026 8:20 PM
Defense stocks slip as investors weigh U.S. President Donald Trump's comments on Truth Social, Trump's social media platform
Trump says he won't permit dividends, buybacks for defense companies till they fix military equipment production problems
Calls executive pay packages in the defense industry "exorbitant and unjustifiable."
Lockheed Martin LMT.N shares down around 3.2%, RTX Corp's RTX.N shares down 1.4%, Northrop Grumman NOC.N fall nearly 4% and General Dynamics GD.N down 2.6%
Dow Jones U.S. defense index down 2.6%
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