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Investors in defense giant RTX Corporation (RTX) may want to circle Mar. 6 on their calendars. The White House is preparing to host top executives from America’s largest weapons manufacturers, including RTX, for an urgent meeting aimed at accelerating weapons production as U.S. munitions stockpiles shrink amid escalating conflict with Iran.
The gathering comes as the Pentagon grapples with rapidly depleting inventories after intensive military operations, including the recent U.S.-Israel strikes on Iranian targets and continued support for conflicts in the Middle East. Officials are increasingly concerned that missile interceptors, artillery shells, and other critical munitions are being consumed faster than they can be replenished.
