Trump targets defense giants’ shareholder payouts as cost overruns mount, sources say

Trump targets defense giants’ shareholder payouts as cost overruns mount, sources say

By Joey Roulette and Mike Stone WASHINGTON, Dec 16 (Reuters) – The Trump administration is planning an executive order that would limit dividends, buybacks and executive pay for defense contractors whose projects are over budget and delayed, according to three sources briefed on the order. President Donald Trump and the Pentagon have long complained about … Read more