Tagged: lockheed martin

Oshkosh Corp. Beats Lockheed Martin, AM General to Make JLTVs

by Lance Turner 8/25/2015 4:05 pm

The U.S. Army on Tuesday awarded a contract to build the military's new Joint Light Tactical Vehicle to Oshkosh Corp. of Oshkosh, Wisconsin, beating Lockheed Martin, which would have made the vehicles in Camden.

Military Close to Awarding JLTV Contract

by Andrea Shalal, Reuters 8/25/2015 1:26 pm

The U.S. Army is expected to award a contract on Tuesday for a new armored truck to replace thousands of aging Humvees, a long-awaited deal that could be worth up to $30 billion for the winning team.

Lockheed Martin in Camden to Work $1.5B Contract

by Alexis Hosticka 7/27/2015 2:09 pm

Lockheed Martin of Bethesda, Maryland, has received a $1.5 billion contract with the U.S. military for production and delivery of Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement missiles.

In Boys State Speech, Bill Clinton Says Compromise Valuable

by Andrew DeMillo, The Associated Press 6/5/2015 7:42 am

Speaking to the Boys State program that played a significant role in his campaign narrative, former President Bill Clinton on Thursday said compromise and finding ways to work with others despite divisions is a key part of America.

McCarthy to Build 12-Megawatt Solar Field at Highland Industrial Park

by Arkansas Business Staff 6/2/2015 2:22 pm

Silicon Ranch Corp. of Nashville, Tennessee, said Tuesday that it has hired McCarthy Building Companies Inc. of Phoenix, Arizona, to build its 12-megawatt solar field in East Camden.

Governor Signs Bill for $87M Lockheed Martin Incentive

by Andrew DeMillo, The Associated Press 5/29/2015 1:25 pm

Gov. Asa Hutchinson is endorsing a plan to woo a major defense project to Arkansas. The governor signed bills Friday to provide Lockheed Martin with a $87 million incentive package if it is the successful bidder for a military vehicle assembly contract.

Arkansas House Endorses $87M Incentive Package for Lockheed Martin

by Associated Press 5/27/2015 11:05 am

An $87 million incentive package aimed at helping attract a defense contract to south Arkansas has easily won initial approval from state lawmakers.

Legislative Groups OK Bonds Plan for Lockheed Martin Project

by Associated Press 5/27/2015 6:53 am

An $87 million incentive package aimed at luring a defense contract to south Arkansas was endorsed by legislative committees on Tuesday, a move that the Republican governor says could help the state land its first vehicle assembly plant.

IHS: Lockheed Martin Deal Means $16.3M Benefit to Arkansas

by Associated Press 5/25/2015 10:05 am

A defense project Arkansas hopes to land with an incentive package will provide a $16.3 million net benefit to the state over a 25-year period, a consultant hired by the Legislature said in a report issued Friday ahead of next week's special session.

Arkansas Session Tests Hutchinson for Future Fights (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 5/25/2015 10:03 am

Arkansas Gov. Asa Hutchinson appears unlikely to face any insurmountable obstacles in his push for incentives to lure a defense project to the state, or any of the other major items on his agenda when lawmakers convene this week.

Arkansas Lawmakers to Meet for Session on Defense Project

by Andrew DeMillo, The Associated Press 5/25/2015 10:00 am

A little over a month after wrapping up their regular session, Arkansas lawmakers are returning to the Capitol this week to take up an incentive package aimed at luring a major defense project to the state.

Asa Hutchinson Proposes $87M Bond Package for Lockheed Martin

by Andrew DeMillo, The Associated Press 5/21/2015 11:24 am

Arkansas Gov. Asa Hutchinson is proposing issuing $87 million in bonds to help Lockheed Martin land a defense contract for its Camden facility.

Special Session Puts Focus Back on Jobs (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 5/18/2015 6:59 am

An effort to lure a major defense contract to south Arkansas is offering Gov. Asa Hutchinson a chance to put the focus back on jobs weeks after a legislative session that ended with an unexpected fight over a religious objections law. But the special session planned later this month could also renew the debate over how much a Republican-controlled Legislature is willing to shed its dislike of government spending in exchange for the promise of a major economic development project.

Asa Hutchinson Calls Special Legislative Session

by Andrew DeMillo, The Associated Press 5/11/2015 12:42 pm

Arkansas Gov. Asa Hutchinson says he's calling lawmakers back to the Capitol later this month to consider incentives aimed at luring a defense contract to the state.

Trans-Atlantic Trade Expedition Bears Promise of Arkansas Jobs

by George Waldon 9/8/2014 12:00 am

Gov. Mike Beebe and Grant Tennille, executive director of the AEDC, hinted that meetings in Europe would yield announcements in the not-so-distant future regarding new jobs and capital investment in Arkansas.

Lockheed Martin Moving Vehicle Production to Camden

by Associated Press 10/15/2013 2:52 pm

Lockheed Martin is moving production of its joint light tactical vehicle to an assembly line at its Camden manufacturing plant, a move it says will help make the vehicle more affordable for the U.S. Army and Marine Corps.

Sam Alley, Brian Itzkowitz Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2013 12:17 am

Sam Alley, CEO of VCC in Little Rock, and Brian Itzkowitz, CEO of Goodwill Industries of Arkansas, won executive of the year awards at Tuesday's 25th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock, presented by Centennial Bank.

Arkansas Manufacturing Sees More Stability in 2012

by Kate Knable 2/4/2013 12:00 am

Compared with 2011, the year 2012 was steadier for Arkansas manufacturing employment. The 156,400 manufacturing jobs the state reported in December 2012 represented a 2 percent increase in manufacturing employment year over year versus December 2011’s 3 percent year-over-year drop.