US President Trump praises Raytheon (RTX) and Lockheed Martin (LMT) for building more factories
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US President Trump praises Raytheon (RTX) and Lockheed Martin (LMT) for building more factories
Newsquawk Daily Economic Releases - 20th March 2026
US President Trump says can take out Kharg Island any time we want; looking for new leaders again; US ahead of schedule
On the Newsquawk feed at , 20 minutes before this page.
Context
President Trump's praise for Raytheon and Lockheed Martin reflects a supportive stance towards defense spending and manufacturing, potentially boosting investor sentiment in these stocks and the broader defense sector. This move might also signal increased government contracts, which could influence both equities and USD dynamics in light of fiscal policy implications.
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