Lockheed Martin Success Story

Situation

Lockheed Martin’s operation in Camden, Arkansas, was established in 1978 as the home of the Multiple Launch Rocket System (MLRS) production program. Currently, the operation serves as the company’s Precision Fires Center of Excellence.

CHALLENGE

Lockheed Martin Missiles and Fire Control is experiencing unprecedented growth. To be responsive to increased customer orders, Lockheed Martin needed to ramp up the production rate on all programs. The company initiated a new capital investment project with the goal of increasing manufacturing capability and meeting demand.

Solution

The success of the existing facility paired with the competitive incentives and the skilled workforce Arkansas has to offer led Lockheed Martin to select the Camden operation for the capital investment project. The company will invest $142 million for new construction and improvement of existing facilities to increase and diversify production capacity.

Results

Lockheed Martin currently employs 1,000 people and contributes $300 million in supplier commitment to the state. The company's manufacturing and support buildings comprise more than 2.2 million square feet of floor space across more than 2,400 acres of land.