Tagged: lockheed martin

Lockheed Martin Gets $331.8M Contract for Work in Camden, Dallas

by Arkansas Business Staff 6/16/2016 11:09 am

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 Gives SAU $20K Grant

by Arkansas Business Staff 3/15/2016 3:11 pm

Southern Arkansas University Engineering receives $20,000 from Lockheed Martin, a contribution that brings the total amount raised to SAU Engineering to more than $350,000.

Lockheed Martin Drops Challenge Over JLTV Contract

by Associated Press 2/19/2016 11:31 am

Lockheed Martin Corp. has dropped its legal challenge of a multibillion-dollar military contract awarded to Oshkosh Defense.

Lockheed Martin to Produce More PAC-3 Missiles at Camden

by Arkansas Business Staff 12/16/2015 9:55 am

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.

DefenseNews.com: GAO Dismisses Lockheed Martin's JLTV Protest

by Arkansas Business Staff 12/16/2015 9:20 am

The Government Accountability Office has dismissed Lockheed Martin's protest of the U.S. Army’s decision to award Oshkosh a contract to build its Humvee replacement, DefenseNews.com is reporting.

Lockheed Martin in Camden to Work $227M Contract

by Arkansas Business Staff 9/15/2015 10:35 am

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.

Lockheed Martin Protesting Loss of JLTV Contract

by Associated Press 9/8/2015 3:45 pm

Lockheed Martin says it's protesting the contract for a military vehicle it had hoped to assemble in south Arkansas being awarded to another company.

JLTV Pursuit Offers Lesson for Future Deals (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 8/31/2015 7:10 am

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.

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.