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Thursday, January 08, 2026
U.S. President Donald Trump criticized defense contractor Raytheon (RTX.N) , opens new tab on Wednesday for what he called the company's slow response to the demands of the U.S. military and threatened to cut its government contracts if the firm did not restrict stock buybacks. "Also, if Raytheon wants further business with the United States Government, under no circumstances will they be allowed to do any additional Stock Buybacks, where they have spent Tens of Billions of Dollars, until they are able to get their act together," Trump wrote on social media. |
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