CONTENT PREVIEW
Industry

Lockheed Martin to expand Arkansas Precision Fires production

18 June 2019
Follow

Lockheed Martin announced a USD142 million investment in its Precision Fires facility in Camden, Arkansas on 17 June, in a move that is expected to lead to the creation of 326 jobs by 2024.

The site is responsible for the manufacture and assembly of several of the company’s missiles and fire control products, including the Multiple Launch Rocket System (MLRS) High Mobility Artillery Rocket System (HIMARS) launcher and Patriot Advanced Capability-3 (PAC-3) missile, as well as parts of the Terminal High Altitude Area Defense (THAAD) system.

“Our facility in Camden is a highly efficient, high quality centre of excellence that contributes components and performs final assembly for products that are important to the defence 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.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihsmarkit.com/janes





(163 of 195 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT