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United States President Donald Trump has issued a stern warning to defence contractors that supply the US military, accusing them of profiteering.

In a Truth Social post on Wednesday, he threatened to take action if the companies failed to take specific actions, including capping executive pay, investing in the construction of factories and producing more military equipment at a faster clip.

“MILITARY EQUIPMENT IS NOT BEING MADE FAST ENOUGH,” Trump wrote at one point in his lengthy, 322-word post.

“It must be built now with the Dividends, Stock Buybacks, and Over Compensation of Executives, rather than borrowing from Financial Institutions, or getting the money from your Government.”

Trump singled out the technology company Raytheon as the worst offender, in his eyes.

“I have been informed by the Department of War that Defense Contractor, Raytheon, has been the least responsive to the needs of the Department of War, the slowest in increasing their volume, and the most aggressive spending on their Shareholders rather than the needs and demands of the United States Military,” Trump wrote in a follow-up post.

The president threatened to sever government ties with Raytheon, now known as RTX, which earns billions from its defence contract work.

Just last August, the Department of Defence awarded the firm $50bn – the maximum possible – for a 20-year contract to supply the military with equipment, services and repairs.

“Our Country comes FIRST, and they’re going to have to learn that, the hard way,” Trump warned.

Defence spending fuels a significant portion of the US economy: As of 2024, Defence Department spending represented approximately 2.7 percent of the US gross domestic product (GDP).

Normally, the total defence budget hovers around $1 trillion. But in a Wednesday evening post on Truth Social, Trump announced that he would petition congressional Republicans to boost that amount to a record $1.5 trillion for fiscal year 2027.

“This will allow us to build the ‘Dream Military’ that we have long been entitled to and, more importantly, that will keep us SAFE and SECURE, regardless of foe,” Trump wrote.

Still, Trump’s threats sent stocks for defence contractors plummeting, amid uncertainty over the future of the high-stakes industry.

Since taking office for a second term, Trump has taken an aggressive, hands-on approach to private companies that have ties to national security concerns.

In June, for instance, the Trump administration was awarded a “golden share” in the metal company US Steel, in exchange for giving a green light to its merger with Japan’s Nippon Steel. That share allows the Trump administration to essentially have a veto over any major action US Steel may take to reorganise or dissolve.

Then, in August, the technology firm Intel struck a deal to sell the US government a 10-percent stake in its company, amid pressure from Trump.

The Trump administration has continued to snap up stakes in other private firms, most notably mining companies involved in the production of rare earth minerals and other raw materials used in technology.

It is not yet clear how Trump plans to enforce his demands for the defence contractors he blasted in Wednesday’s social media messages. Nor is it certain that Trump could legally enforce his orders.

But Trump aired a list of grievances against the companies, including that their executives’ pay was simply too large.

“Executive Pay Packages in the Defense Industry are exorbitant and unjustifiable given how slowly these Companies are delivering vital Equipment to our Military, and our Allies,” he wrote at one point.

At another, he called on the private firms to invest in new construction projects, a request he has made across industries, from the pharmaceutical sector to automakers.

“From this moment forward, these Executives must build NEW and MODERN Production Plants, both for delivering and maintaining this important Equipment, and for building the latest Models of future Military Equipment,” Trump said.

“Until they do so, no Executive should be allowed to make in excess of $5 Million Dollars which, as high as it sounds, is a mere fraction of what they are making now.”

He also complained that the defence companies were “far too slow” in offering repairs for their equipment.

Defence contractors are responsible for a range of services and products, from software to training to missiles and tanks. RTX, for example, designed the Patriot Missile, the US’s flagship surface-to-air missile system, and it keeps the US military supplied with spare parts and other updates.

Based in Virginia, the company boasted sales exceeding $80bn in 2024. Just this week, the US Federal Aviation Administration (FAA) awarded RTX a $438m contract to update its radar system.

Still, Trump maintained that too much of that income was going to shareholders, executive pay and stock buybacks, wherein a company purchases its own shares in order to limit their supply and increase their value.

“Defense Contractors are currently issuing massive Dividends to their Shareholders and massive Stock Buybacks, at the expense and detriment of investing in Plants and Equipment,” Trump wrote.

“This situation will no longer be allowed or tolerated!”

IT’S now the beginning of a fresh year, but last year was a tough one for Stormzy.

The famous rapper and singer, who’s real name is Michael Ebenezer Kwadjo Omari Owuo Jr., gained mass attention back in 2014, when he broke into the music scene.

But now over 10 years on, he’s reflecting on what a tough year he had, and how since the end of 2024 he’s felt like he’s been “dying a slow death”.

In a heartfelt Instagram post, Stormzy shared a statement about how it feels to gradually lose your sense of childhood wonder to reality and its twists and turns.

“Ok, I’m ready,” the star began before launching into a poetic statement.

“There’s poetry in all this chaos so lemme embrace it.

HEARTBROKEN

Stormzy left devastated as beloved Rottweiler he owned with Maya Jama dies

HARD LAUNCH

Maya Jama’s new boyfriend Ruben Dias makes first appearance on her Instagram

“Towards the end of 2024, my life took a few unexpected twists and turns and I was forced to pivot.

“These same events also robbed me of the wide-eyed innocence I once navigated the world with.

“Kinda like how you used to believe that Disneyland was powered by rainbows and fairy dust, and then one day you see a headless Mickey Mouse arguing on the phone and smoking a cigarette.

“This made me more resilient and put the final nail in the coffin of my desire to be understood – a part of me that, tbf, was already dying a slow death.”

The lengthy post continued on for eleven images in a carousel, detailing how Stormzy just wanted to get things “off [his]chest before [he] enters the New Year”.

He also shared how he is “eternally grateful” to the people in his life, whether they still work together or not.

He tied the statement off with the same words he scrawled at the start: “Ok, I’m ready.”

Stormzy opted to turn comments off on the simple text post, captioned with a repeat of “Ok, I’m ready.”

These same three words are the only ones in colour among the black and white statement, standing out in red.

It’s unclear exactly what “events” Stormzy is referring to when discussing the difficulty of 2025, but a couple of notable things happened to the star that did become public.

Back in March at the BRIT Awards, he took to the stage wearing a pair of sunglasses to scoop up an award for best British Hop Hop/Grime/Rap Act.

Clarifying to a confused audience why he was wearing shades inside the venue, he explained he had “bruised his cornea” during a game of padel.

“Sorry I’m wearing shade as well because I’ve mashed up my eye playing padel.

“I’ve got a very sore eye. I’ve got a bruised cornea.

“My eye’s sore under here, I’m not being a mad man with shades on inside.”

Then later on in the year in November, Stormzy shared a devastated post to Instagram sharing that the Rottweiler he owned with ex Maya Jama sadly passed away.

He said: “RIP my no.1 boy. Don’t have much to say, just gutted and heartbroken. I love you so so so much my boy. 

“If you know me then you know how much Enzo meant to me, gonna miss you my guy.”

WASHINGTON — A dozen U.S. senators are calling on the Justice Department’s watchdog to examine the department’s failure to release all records pertaining to the late sex offender Jeffrey Epstein by last Friday’s congressionally mandated deadline, saying victims “deserve full disclosure” and the “peace of mind” of an independent audit.

Republican Sen. Lisa Murkowski of Alaska joined 11 Democrats in signing a letter Wednesday urging Acting Inspector General Don Berthiaume to audit the Justice Department’s compliance with the Epstein Files Transparency Act, the law enacted last month that requires the government to open its files on Epstein and his longtime confidant Ghislaine Maxwell.

“Given the [Trump] Administration’s historic hostility to releasing the files, politicization of the Epstein case more broadly, and failure to comply with the Epstein Files Transparency Act, a neutral assessment of its compliance with the statutory disclosure requirements is essential,” the senators wrote. Full transparency, they said, “is essential in identifying members of our society who enabled and participated in Epstein’s crimes.”

Murkowski and Sens. Richard Blumenthal (D-Conn.) and Jeff Merkley (D-Ore.) led the letter-writing group. Others included Democratic Sens. Amy Klobuchar of Minnesota, Adam Schiff of California, Dick Durbin of Illinois, both Cory Booker and Andy Kim of New Jersey, Gary Peters of Michigan, Chris Van Hollen of Maryland, Mazie Hirono of Hawaii, and Sheldon Whitehouse of Rhode Island.

Meanwhile, Republican Rep. Thomas Massie of Kentucky, a co-sponsor of the transparency act, posted Wednesday on X: “DOJ did break the law by making illegal redactions and by missing the deadline.”

Despite the deadline, the Justice Department has said it plans to release records on a rolling basis. It blamed the delay on the time-consuming process of obscuring survivors’ names and other identifying information. More batches of records were posted over the weekend and on Tuesday. The department has not given any notice when more records might arrive.

“The reason why we are still reviewing documents and still continuing our process is simply that to protect victims,” Deputy Atty. Gen. Todd Blanche told NBC’s “Meet the Press” on Sunday. “So the same individuals that are out there complaining about the lack of documents that were produced on Friday are the same individuals who apparently don’t want us to protect victims.”

Records that have been released, including photographs, interview transcripts, call logs, court records and other documents, were either already public or heavily blacked out, and many lacked necessary context. Records that hadn’t been seen before include transcripts of grand jury testimony from FBI agents who described interviews they had with several girls and young women who described being paid to perform sex acts for Epstein.

Other records made public in recent days include a note from a federal prosecutor from January 2020 that said Trump had flown on the financier’s private plane more often than had been previously known and emails between Maxwell and someone who signs off with the initial “A.” They contain other references that suggest the writer was Britain’s former Prince Andrew. In one, “A” writes: “How’s LA? Have you found me some new inappropriate friends?”

The senators’ call Wednesday for an inspector general audit comes days after Minority Leader Chuck Schumer (D-N.Y.) introduced a resolution that, if passed, would direct the Senate to file or join lawsuits aimed at forcing the Justice Department to comply with the disclosure and deadline requirements. In a statement, he called the staggered, heavily redacted release “a blatant cover-up.”

Sisak writes for the Associated Press.