Pentagon says it will ramp up war supplies with defense companies

The Pentagon has partnered with BAE, Lockheed, and Honeywell to boost production of missiles and munitions as the U.S. shifts to a wartime footing amid the ongoing conflict with Iran.

Reuters

March 25, 2026

Pentagon says it will ramp up war supplies with defense companies

FILE PHOTO: The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, U.S., January 8, 2020.

Al Drago/Reuters

The Pentagon said on Wednesday it had reached framework agreements with BAE BAES.L, Lockheed LMT.N and HoneywellHON.O to boost production of defense systems and munitions as part of its shift to "wartime footing."

Under the deals, Honeywell Aerospace will "surge production of critical components for America's munitions stockpile," as part of a $500 million multi-year investment, the Pentagon said.

BAE Systems and Lockheed Martin will also quadruple production of seekers for the Terminal High Altitude Area Defense (THAAD) interceptor, while a new framework agreement with Lockheed will accelerate production of its Precision Strike Missile, the Pentagon added.

The announcements come more than three weeks after U.S. President Donald Trump and Israel launched a war on Iran.

-Reporting by Susan Heavey; Editing by Doina Chiacu/Reuters