Trump Mulls Order To Push Defense Firms To Curb Stock Buybacks, Dividends

President Donald Trump could sign an executive order as soon as this week to push defense contractors to spend less on stock buybacks and dividends while boosting spending on investment and production, according to multiple reports late Tuesday. Lockheed Martin (LMT), RTX Corp. (RTX), Northrop Grumman (NOC) and General Dynamics (GD) fell slightly in extended trading. The Trump administration’s order…