Trump Says Defense Primes Agree To Quadruple Output of 'Exquisite Class' Weaponry

3/6/2026
Impact: 70
Industrials

President Donald Trump announced that major U.S. defense contractors have agreed to quadruple production of 'Exquisite Class' weaponry, with expansion efforts reportedly starting three months ago. Companies involved include Lockheed Martin, Boeing, and Northrop Grumman, among others. The announcement comes amid increased U.S. munitions usage in Iran and Venezuela, and defense shares showed mixed trading results as investors considered the implications of higher long-term orders against existing backlogs.

AI summary, not financial advice

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