President Trump is set to meet with CEOs of major U.S. defense firms, including RTX, on Wednesday to address dwindling national munitions stockpiles. The White House meeting will focus on accelerating production and fulfilling existing contracts as the administration pushes to expand domestic manufacturing capacity.
The summons follows the administration's increased pressure on the defense industry to prioritize output over shareholder returns like dividends and stock buybacks. This high-level engagement underscores growing concerns about the defense industrial base's ability to replenish inventories strained by recent conflicts, signaling a potential surge in government orders for key munitions.