22 March 2026

'It Takes Money to Kill Bad Guys': Trump's Iran War Set to Boost Profits For These Defense Contractors

Brian Bennett

In November, the Pentagon released what it called its “Acquisition Transformation Strategy.” The 46-page document opens with the picture of a flapping American flag above images of missiles, torpedoes, and drones and lays out a blueprint for putting American weapons manufacturing “on a wartime footing.”

Now an actual war is accelerating that transformation, providing a boon to U.S. weapons manufacturers.

President Trump’s attacks against Iran have depleted stocks of key weapons amid concerns that the conflict could drag on for weeks or months. But the state of those stockpiles have been a source of alarm for federal officials for years, as Ukraine and other conflicts have sapped supplies. But expanding production lines of complex weapons takes time, years in some cases. The Pentagon’s November strategy memo calls for awarding weapons makers “bigger, longer deals, so they’ll be willing to invest more to grow the industrial base that supplies our weapons.”

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