President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms speed up their production of military equipment and address his other complaints about the industry. Trump, in a lengthy Truth Social post, also took aim at defense contractors’ executive pay packages, calling them “exorbitant and unjustifiable.” “Defense Companies are not producing our Great Military Equipment rapidly enough and, once produced, not maintaining it properly or quickly,” he wrote. Until those companies build new production plants, “no Executive should be allowed to make in excess of $5 Million Dollars,” Trump declared. Shares of General Dynamics, Lockheed Martin and Northrop Grumman each fell about 3% following Trump’s comments. Trump later singled out Raytheon as “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.” He said that the Pentagon will cut its business ties with Raytheon unless it “steps up” …