Exclusive: Defense executives plan to meet at White House as strikes on Iran diminish stockpiles [View all]
Last edited Wed Mar 4, 2026, 08:14 AM - Edit history (1)
Source: Reuters
March 3, 2026 8:04 PM EST Updated 7 hours ago
WASHINGTON, March 3 (Reuters) - The Trump administration plans to meet with executives from the biggest U.S. defense contractors at the White House on Friday to discuss accelerating weapons production, as the Pentagon works to replenish supplies after strikes on Iran and several other recent military efforts, five people familiar with the plan told Reuters.
Companies including Lockheed Martin (LMT.N) and Raytheon parent RTX (RTX.N), along with other key suppliers, have been invited to attend the meeting, the people said, speaking on condition of anonymity because the discussions are private.
The meeting underscores the urgency felt in Washington to shore up weapons stocks after the Iran operation drew heavily on munitions. Since Russia invaded Ukraine in 2022 and Israel began military operations in Gaza, the U.S. has drawn down billions of dollars' worth of weapons stockpiles, including artillery systems, ammunition and anti-tank missiles. The conflict in Iran has consumed longer-range missiles than those furnished to Kyiv.
At least one of the people said the gathering was expected to center on pressing weapons makers to move faster to boost output. Lockheed, the Pentagon and White House did not immediately respond to requests for comment. RTX declined to comment. In a social media post Monday, Trump said there was a "virtually unlimited supply" of U.S. munitions and that "wars can be fought "forever," and very successfully, using just these supplies."
Read more: https://www.reuters.com/business/aerospace-defense/defense-executives-plan-meet-white-house-strikes-iran-diminish-stockpiles-2026-03-04/
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