Defense stocks drop after Trump says Pentagon spending could be halved

www.cnbc.com

145

615

Defense stocks drop after Trump says Pentagon spending could be halved

www.cnbc.com

@MicroWave to

NewsEnglish • 9 days ago

145

Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.

KEY POINTS

Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.

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Granbo's Holy Hotrod
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15•9 days ago
There was a post just a day or so ago that was basically saying it was time to buy Raytheon:D

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