US defence contractors are struggling to meet Pentagon demands to boost munitions production, amid a rush to replenish missile stockpiles depleted in the Iran war.
The backlog in US weapons manufacturing is expected to dominate a White House meeting on Wednesday between Donald Trump and the top American defence companies.
The president has excoriated the companies for putting money into dividends and share buybacks rather than expanding production, but on Monday said “they can’t do that anymore”.
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