Sun, Jun 23, 2019
Expansion Of Camden Facility To Create More Than 300 New Jobs
Lockheed Martin is investing $142 million in its Camden facility in Arkansas and adding 326 new jobs by 2024. Arkansas Gov. Asa Hutchinson joined Lockheed Martin executives during the Paris Air Show announcing this impactful investment and demonstrating on an international stage, Arkansas' favorable conditions for the aerospace business.
"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."
These newly created jobs are growing the Camden facility workforce from approximately 700 employees to more than 900 employees in the next few years. The $142 million capital investment supports new construction and improves on existing facilities for products, new machinery and equipment important to the defense of the United States and allies.
"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."
(Image provided with Lockheed Martin news release)
More News
Aero Linx: JAARS Nearly 1.5 billion people, using more than 5,500 languages, do not have a full Bible in their first language. Many of these people live in the most remote parts of>[...]
'Airplane Bounced Twice On The Grass Runway, Resulting In The Nose Wheel Separating From The Airplane...' Analysis: The pilot reported, “upon touchdown, the plane jumped back>[...]
"Burt is best known to the public for his historic designs of SpaceShipOne, Voyager, and GlobalFlyer, but for EAA members and aviation aficionados, his unique concepts began more t>[...]
"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]
There Are SO Many Ways To Get YOUR Aero-News! It’s been a while since we have reminded everyone about all the ways we offer your daily dose of aviation news on-the-go...so he>[...]