Story perspectives

Trump meets Lockheed CEOs; $35 B THAAD contract awarded.

6/25/2026

Summary

Story summary

The Missile Defense Agency awarded Lockheed Martin a $35.3 billion THAAD interceptor contract through June 2032 on the day of the White House meeting.
U.S. President Donald Trump met Lockheed Martin and Honeywell CEOs at the White House on June 24 to discuss expanding weapons production.
The White House asked Congress for $87.6 billion for the Iran war, while the Senate Armed Services Committee approved a $1.15 trillion defense spending bill with multiyear procurement authority.

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Story summary

The Missile Defense Agency awarded Lockheed Martin a $35.3 billion THAAD interceptor contract through June 2032 on the day of the White House meeting.
U.S. President Donald Trump met Lockheed Martin and Honeywell CEOs at the White House on June 24 to discuss expanding weapons production.
The White House asked Congress for $87.6 billion for the Iran war, while the Senate Armed Services Committee approved a $1.15 trillion defense spending bill with multiyear procurement authority.