The Pentagon says it reached framework agreements with the companies BAE Systems, Lockheed Martin and Honeywell 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, which has been used to intercept ballistic missiles launched at Israel from Iran.
Meanwhile, a new framework agreement with Lockheed will accelerate production of its Precision Strike Missile, the Pentagon added.
Times of Israel staff contributed to this report.
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
From the Liveblog of
Wednesday, March 25, 2026
Add ToI as a Preferred Source on Google
