US Edition
Pentagon says it will ramp up war supplies with defense companies
The Pentagon's new multiyear contracts with BAE Systems and Lockheed Martin aim to quadruple THAAD seeker production to strengthen missile defense capacity.
- 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.
13 Articles
13 Articles
On Wednesday, the Pentagon reported that it had reached framework agreements with B.A.E. Systems, Lockhead Martin and Haniwell to increase the production of several defence systems and ammunition as they became "state of war." The Pentagon added that "under these agreements, Haniwell Erosbis will increase the production of essential components of American ammunition stockpiles, with an investment of $500 million over several years." He indicated…
As U.S. military operations against Iran enter their second month and concerns grow regarding interceptor missiles and ammunition stockpiles, the U.S. Department of Defense announced on the 25th that it would quadruple the production of THAAD interceptors and seekers in cooperation with defense contractors Lockheed Martin and BAE Systems. Lockheed Martin decided to transition to a wartime production system to accelerate the delivery of precision…
Pentagon reaches deals with defense firms to expand munitions production
The Pentagon said on Wednesday it had reached framework agreements with BAE Systems , Lockheed and Honeywell to boost production of defense systems munitions as part of a push to put the U.S. military on a "wartime footing."
DoD In New Framework Deals To Speed Production Of PrSM, THAAD Seekers, Various Subsystems
The Defense Department Wednesday morning announced additional framework agreements with Lockheed Martin [LMT], BAE Systems and Honeywell [HON] to quadruple production of Precision Strike Missiles (PrSM) and seekers for the […]
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
