JOURNAL ARTICLE

The US Needs More Missiles, Not Defense Stock Buybacks.

  • Published In: Bloomberg Opinion, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Black, Thomas 3 of 3

Abstract

The article discusses President Donald Trump's criticism of RTX Corp. regarding its investment in missile production, highlighting the company's role in the defense sector alongside Lockheed Martin Corp. While RTX has made significant share buybacks, it is not the largest in this regard compared to Lockheed Martin. The article emphasizes the need for increased missile production to meet demand, particularly in light of depleted stockpiles due to military actions and support for Ukraine. It also notes the challenges defense companies face in balancing shareholder expectations with the need for capital investment in production capacity and innovation, especially as the Pentagon seeks to adapt to evolving military threats. [Extracted from the article]

Additional Information

  • Source:Bloomberg Opinion. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191489628
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