Cornelius Schnitzler is the director of the Arkansas Economic Development Commission office in Berlin. The office, which opened in July, is the state’s base of operations in Europe, where it aims to maintain existing business relationships and cultivate new ones.
Lockheed Martin received a $331.8 million contract from the U.S. Army for Lot 11 production of Guided Multiple Launch Rocket System rockets, the company announced Wednesday. Work will be performed at the Lockheed Martin facilities in Camden and Dallas.
Lockheed Martin has signed a $1.1 billion contract with the U.S. military for further production of the Patriot Advanced Capability-3 (PAC-3) missiles and PAC-3 Missile Segment Enhancement (PAC-3 MSE) missiles built at its Camden plant.
Lockheed Martin has won a $227 million contract from the U.S. Army for Lot 10 production of the Guided Multiple Launch Rocket System Unitary, and the first order of GMLRS Alternative Warhead production.
Arkansas' failure to land a major military vehicle contract is a disappointment for officials who hoped to tout another "superproject" in the state. But it's not the setback that other missed economic deals have been, nor will it prompt the same level of soul-searching.
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.
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.
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.
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.