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."

The ‌announcements come more than three weeks after U.S. President Donald Trump and Israel launched a war on Iran. They also follow Trump's meeting earlier this month with executives from seven defense contractors as the ​Pentagon sought to replenish weapons stocks depleted by U.S. strikes on Iran and ​other recent military operations.

Learn More