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.
  • Stern
    20•1 day ago

    Broken clocks. If its any consolation he could be, variously-

    1. Floating random shit. Common Trump talk.
    2. Actually wanting to weaken the U.S. militarily, to the benefit of his leash holders.
    3. Fishing for bribes.