Aerospace giant Lockheed Martin, headquartered in Bethesda, Maryland, recently announced plans to invest $142 million in its Camden facility in Arkansas, supporting new construction and improving on existing facilities for products, new machinery, and equipment important to the defense of the United States and allies.
Lockheed Martin unveiled the plan at the Paris Air Show where company executives were joined by Arkansas Gov. Asa Hutchinson to celebrate the prospect of adding 326 new jobs by 2024.
“Lockheed Martin is a leading technology firm with facilities and clients around the world,” said Hutchinson. “Lockheed’s investment illustrates the fact that Arkansas continues to be a global player in the aero-defense industry.”
“Our facility in Camden is a highly efficient, high-quality center of excellence that contributes components and performs final assembly for products that are important to the defense of the United States and a growing number of allied nations,” said Frank St. John, executive vice president of Lockheed Martin Missiles and Fire Control. “The facility has a long record of precision manufacturing and on-time deliveries, which is the reason we continue to invest in and expand our Camden Operations. This expansion will help ensure the availability, affordability, and quality of systems we build for our customers around the world.”
Camden Operations is Lockheed Martin’s Precision Fires operations center of excellence.
Photo credit: All images Lockheed Martin
