Lockheed Martin is expanding its manufacturing operations in Camden, Ark., with a new $420 million capital investment that will generate 650 new full-time jobs over five years.
The expansion represents a major increase in Lockheed Martin’s operations in Arkansas. At the Camden facility, Lockheed Martin will increase production capacity for the PAC-3, Terminal High Altitude Area Defense, Precision Strike Missile (PrSM) platforms, increasing Camden’s and the state’s importance as a global defense industrial base.
Established in 1979, Lockheed Martin Camden Operations produces seven U.S. Department of War programs. The 2.2-million-square-foot facility, which sits on 2,427 acres in the Highland Industrial Park, has delivered more than 700,000 missiles and rockets over the past four decades.
