There were a lot of WTF moments in this movie. For instance, Tony was willing to face a terrorist strong-hold without armor (using make-shift weapons from Home Depot), and we later find out that he has 41 suits ready to go at a moment's notice.
Also, the idea that any of this stuff was necessary for the main villain to get weapons contracts
is stupidity of the highest order. I have no idea why they think the president is the go-to person for getting weapons contracts approved. It's an indication these people have zero idea how the government works, and they obviously haven't been paying attention if they think the U.S. needs to be convinced
to pay more money on weapons contracts.
I don't think the writers gave the "money" motivation more than two-second's thought. They obviously weren't even trying. Newsflash: any billionaire with a dying daughter would give up half his fortune for a dose of this stuff. You don't need to generate a demand. It's already there.