The Department of Defense continues efforts to rebuild its dwindling munitions stockpile as it uses up critical missiles in the wars against Iran and Russia in support of Ukraine. The DOD on Monday signed a multibillion dollar framework agreement with Lockheed Martin and Northrop Grumman to accelerate components production for the Patriot missile and THAAD interceptors. RTX on Monday won a Navy contract to modernize ship weapons systems. Anduril Industries is eying a Baltimore port to build out drone boats, according to reports Monday.
