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News@lemmy.worldEnglish · 7 天前

Defense stocks drop after Trump says Pentagon spending could be halved

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Defense stocks drop after Trump says Pentagon spending could be halved

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 7 天前

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

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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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MothmanDelorian@lemmy.world
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6 天前
The military is a jobs program. It’s paying for a ton of education and scientific research too. The first thing to go is going to be the scholarships not the guns.

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