Arkansas’ Defense Sector Gets Boost

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Arkansas’ fast-growing defense sector got another big boost this week after two global defense contractors with state ties won contract awards or extensions on work that will be completed at East Camden’s sprawling industrial munitions complex.

On Thursday, American Rheinmetall Munition Inc., based in Stafford, Va., was awarded a firm-fixed price contract worth $59.7 million firm to supply the U.S. Marine Corps with 2,135,026 high-velocity practice grenade holders, known as MK281 MOD 3 cartridges. According to contract specifications published each week by the U.S. Department of Defense, work will be performed in American Rheinmetall’s munitions factory in East Camden, Ark. with delivery expected to be complete by Sept. 25, 2022.

American Rheinmetall Munitions, Inc. (ARM) is the U.S. operating subsidiary of European defense giant Rheinmetall Waffe Munition GmbH, a publicly traded company in Düsseldorf, Germany that has nearly 24,000 employees across the globe and annual sales of more than $6.8 billion. Talk Business & Politics reached out to ARM officials in Camden, Virginia and at their global headquarters in Germany, but did not get a response.    MORE

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