
The Trump administration plans to meet with executives from major US defense contractors, including Lockheed Martin and RTX, at the White House to discuss accelerating weapons production. This follows recent military operations, notably strikes on Iran, which have significantly depleted US munitions stockpiles. Since 2022, conflicts in Ukraine, Gaza, and Iran have drawn down billions in artillery, ammunition, and missiles. The Pentagon is considering a supplemental budget of around $50 billion to replenish supplies and is urging manufacturers to increase output.
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