US President Trump: I have learned from the Department of Defense that the defense contractor Raytheon is the slowest in responding to the needs of the Department of Defense, is making the slowest progress in increasing production capacity, and also uses huge sums of money for shareholder returns rather than prioritizing meeting the needs of the US military. Raytheon will either take immediate action to increase upfront investment in fixed assets such as factories and equipment, or it will completely lose its eligibility for cooperation with the Ministry of Defense. Furthermore, if Raytheon wants to continue to take on the business of the US government, it will never be possible to carry out any further stock repurchase operations until its rectification is in place — the company has previously squandered tens of billions of dollars on share repurchases.

US President Trump: I have learned from the Department of Defense that the defense contractor Raytheon is the slowest in responding to the needs of the Department of Defense, is making the slowest progress in increasing production capacity, and also uses huge sums of money for shareholder returns rather than prioritizing meeting the needs of the US military. Raytheon will either take immediate action to increase upfront investment in fixed assets such as factories and equipment, or it will completely lose its eligibility for cooperation with the Ministry of Defense. Furthermore, if Raytheon wants to continue to take on the business of the US government, it will never be possible to carry out any further stock repurchase operations until its rectification is in place — the company has previously squandered tens of billions of dollars on share repurchases.