US EditionPentagon says it will ramp up war supplies with defense companies
The Pentagon's multiyear contracts with BAE Systems, Lockheed Martin, and Honeywell include a $500 million investment to quadruple missile component production and strengthen defense stockpiles.
- 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.
39 Articles
39 Articles
3 major defense contractors boost production of missile systems, drones
Three defense contractors would be ramping up the production of missile systems and components, under deals that the Pentagon announced Wednesday. The framework agreements with Lockheed Martin, BAE Systems and Honeywell Aerospace would enhance U.S.’s ability to defend against aerial…
The US military is pushing up production for the weapons that could matter most in a major war
TKUS Central Command Public AffairsThe Department of Defense is signing new deals with defense companies to boost production of critical weapons.Key missiles and interceptors have seen extensive use in recent conflicts.Officials and experts have raised concerns over insufficient stockpiles and production times.The Department of Defense is pushing major defense companies to ramp up production of some of the most critical weapons in the US arsenal…
Pentagon Announces Deal With Lockheed Martin and BAE Systems to 4x THAAD Interceptor Production
Already a subscriber? Make sure to log into your account before viewing this content. You can access your account by hitting the “login” button on the top right corner. Still unable to see the content after signing in? Make sure your card on file is up-to-date. The Pentagon has announced multiple agreements with major US defense contractors to rapidly expand missile defense and munitions production amid supply issues generated by the ongoin…
Pentagon turbocharges missile output, shifts to ‘wartime footing’
WASHINGTON, March 26 — The US Defence Department announced yesterday agreements with defence contractors to put missile production “on a wartime footing” as the Mideast war leads to rapid use of munition stocks.The extensive use of interceptor missiles by the United States, Israel and the Gulf states to counter Iranian retaliatory attacks has raised concerns about stockpile sizes.In the first deal, Lockheed Martin and BAE Systems agreed to a fou…
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