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HomeMarket NewsIran Israel War News LIVE Updates: Trump says US defense firms to quadruple 'exquisite class' weapon production
By CNBCTV18.COM | Mar 7, 2026 6:10 AM IST (Updated)
Iran Israel War News LIVE Updates: Trump also said the United States has a virtually unlimited supply of medium and upper-medium-grade munitions, which he said are being used, for example, in Iran and were recently used in Venezuela, while orders at these levels have also been increased.
US-Israel Attack Iran Live Updates: President Donald Trump said he concluded a “very good meeting” with the largest US defence manufacturing companies, where discussions focused on production and production schedules.
He said the companies agreed to quadruple production of “Exquisite Class” weaponry to reach the highest levels of quantity as rapidly as possible. Trump added that expansion had already begun three months before the meeting, with plants being set up and production of many of these weapons already underway.
Trump also said the United States has a virtually unlimited supply of medium and upper-medium-grade munitions, which he said are being used, for example, in Iran and were recently used in Venezuela, while orders at these levels have also been increased.
The meeting included the CEOs of BAE Systems, Boeing, Honeywell Aerospace, L3Harris Missile Solutions, Lockheed Martin, Northrop Grumman, and Raytheon, and concluded with another meeting scheduled in two months as states across the country bid to host new plants.
The raging Iran war, which has spread across the Middle East and beyond, entered its seventh day on Friday (March 6) after Israeli forces announced a "next phase" in the conflict and bombed Beirut's southern suburbs.
The Israeli military had earlier issued an unprecedented evacuation warning for the entire area -- "save your lives and evacuate your residences immediately" -- that sent residents fleeing in panic.
The war has been felt as far away as the Sri Lankan coast, where a US submarine torpedoed an Iranian warship, and Azerbaijan, which threatened retaliation after a drone hit an airport.
Lebanon was dragged into the widening conflict on March 2, when Hezbollah attacked Israel to avenge the killing of Khamenei.
Israel responded with air strikes and sent ground troops into some Lebanese border villages, and on March 5, it targeted Beirut's southern suburbs, saying it was "striking Hezbollah infrastructure".
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