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.
  • MetalMachine@feddit.nlEnglish
    93·
    6 天前

    Considering how we’ve used that power in Afghanistan, Iraq, and Vietnam? Yes, its a good thing.