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Lockheed Martin plans $420 million missile manufacturing expansion in Arkansas
Lockheed Martin plans to expand its missile manufacturing operations in Camden, Ark., with a $420 million investment expected to create 650 new full-time jobs over five years. The company, which manufactures aerospace, defense and advanced technology systems, will increase production capacity for two missile programs. Lockheed Martin's Camden Operations facility...
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Project Bulletin, November 9, 2026: Camden, Arkansas; Jonesborough, Tennessee; Centennial, Colorado
Last week, Lockheed Martin announced plans for a $420 million expansion of its operations in southern Arkansas. The company is aiming to increase production capacity for the U.S. Department of War’s (DOW) PAC-3, Terminal High Altitude Area Defense and Precision Strike Missile platforms at the 2,427-acre Camden site. The current 2.2-million-sq.-ft. facility houses production for seven DOW programs which has supplied over 700,000 rockets and missiles in the past four decades. This expansion follows Lockheed’s January 2026 investment to construct a new Munitions Acceleration Center in the city, further deepening the company’s footprint in the region while enhancing technical capabilities. “Lockheed Martin is investing at unprecedented speed and scale to expand manufacturing capacity and deliver the critical capabilities our warfighters need, faster,” said Lockheed Martin Camden Site General Manager Adam Bailey. “For more than four decades, Camden has played a vital role in strengthening our nation’s defense, and this investment marks another significant step in accelerating production, advancing next-generation manufacturing and creating 650 new jobs.”