By George Glover

President Donald Trump is reportedly set to meet with defense executives on Friday, a move that could pave the way for the U.S. to raise weapons spending.

Trump plans to discuss weapons production with the execs, The Wall Street Journal reported, citing a White House official.

It isn't clear which defense contractors have been invited to the meeting. The White House didn't immediately respond to a request for comment from Barron's.

Trump said in a post on Truth Social this week that the U.S. had "a virtually unlimited supply" of weapons to carry on fighting the war in Iran.

But there are concerns that the country could run out of certain critical missile technologies due to choked supply chains for key components. Restocking the arsenal would be a boon for publicly-listed defense contractors.

Wall Street forecasts roughly 8% annual earnings growth for large U.S. defense contractors over the next few years, up from no earnings growth previously.

Barron's on Friday identified aerospace and arms company BAE Systems, aircraft component manufacturer Curtiss-Wright, drone makers Karman and Kratos Defense & Security Solutions, F-35 jet maker Lockheed Martin, and missile system supplier RTX as six stocks that can benefit from key trends benefiting weapons makers.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

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March 06, 2026 05:52 ET (10:52 GMT)

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