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Pentagon says it will ramp up war supplies with defense companies

Framework agreements with Lockheed Martin, BAE Systems, and Honeywell aim to quadruple production of THAAD seekers and Precision Strike Missiles to replenish stockpiles, Pentagon says.

  • On Wednesday, the Pentagon announced framework agreements with BAE Systems, Lockheed Martin, and Honeywell Aerospace to boost munitions production and place the U.S. military on a "wartime footing."
  • President Donald Trump's meeting with seven defense contractors earlier this month prompted the announcements, as the Pentagon seeks to replenish weapons stocks depleted by recent strikes on Iran.
  • BAE Systems and Lockheed Martin will quadruple production of Terminal High Altitude Area Defense interceptor seekers from 96 to 400 annually, while Honeywell Aerospace will "surge production of critical components for America's munitions stockpile."
  • Michael Duffey, Under Secretary of Defense for Acquisition and Sustainment, noted the agreements provide "the certainty our partners need to invest," as Lockheed Martin CEO Jim Taiclet confirmed scaling production efforts.
  • This effort aligns with Trump's January executive order directing officials to identify underperforming contractors, reflecting the administration's push to prioritize production over shareholder payouts.
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PR Newswire broke the news in United States on Wednesday, March 25, 2026.
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