
After facing criticism from Trump, RTX decided that "not responding" is the best strategy
After announcing that defense contractors should be prohibited from issuing dividends or conducting stock buybacks, U.S. President Trump has turned his attention to RTX (formerly Raytheon Technologies). Trump stated that RTX is "the slowest to respond to the demands of the Department of Defense," while being "the most aggressive" in terms of shareholder expenditures. Bloomberg cited sources familiar with the matter, reporting that under CEO Chris Calio's leadership, RTX executives ultimately chose not to publicly comment on the related statements or the accompanying executive order. They indicated that a public response could attract more attention. Sources said that RTX's plan to maintain a low profile may also benefit from the fact that it is currently unclear whether the government can legally restrict executive compensation or force companies to spend in specific ways

