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International Business Times
International Business Times
Demian Bio

U.S. Defense Companies Continue To Get Pentagon Contracts As War In Iran Boost Use Of Military Equipment

Pentagon Iran United States Donald Trump Boeing Lockheed Martin RTX

The ongoing war in Iran is likely to boost the production of U.S. defense companies, especially those with Pentagon contracts, either to replenish stocks, provide new equipment to be used in the conflict, or develop new technologies.

Investor's Business Daily reported on Thursday that the Department of Defense on Wednesday awarded "sizable" contracts to several companies, including Boeing, RTX, BAE Systems and Tyto Government Solutions, which is privately held.

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