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Lockheed Martin to invest $420M in Arkansas missile production expansion
Lockheed's $420M Arkansas missile production expansion signals increased defense demand.
Context
What happened: Lockheed Martin (LMT) said Monday it plans to invest $420 million to expand its manufacturing operations in Camden, Arkansas, adding 650 full-time jobs over five years.
Key numbers: $420 million investment; 650 full-time jobs over five years.
Why it matters: The expansion will increase production capacity for several missile systems, including Patriot Advanced Capability-3 and Terminal High.
What changed
Lockheed Martin (LMT) said Monday it plans to invest $420 million to expand its manufacturing operations in Camden, Arkansas, adding 650 full-time jobs over five years.
Why it matters
The expansion will increase production capacity for several missile systems, including Patriot Advanced Capability-3 and Terminal High.
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Nov 02, 2026 06:37 PM ET