Lockheed Martin Announces New $560 Million Pentagon Contract For Camden

Only days after Gov. Asa Hutchinson returned from a European trade mission where Lockheed Martin announced a multimillion-dollar deal to expand its operations in Camden, the Pentagon awarded the defense giant another blockbuster contract to manufacture warheads at its South Arkansas military industrial complex.

On Tuesday (June 25), Lockheed Martin announced it received a $561.8 million production contract for the U.S. Army’s MGM-14O Tactical Missile System (ATacMS) missiles for the so-called Foreign Military Sales (FMS) customers. The two-year contract calls for new production of the Army’s tactical guided missile systems, as well as upgrading older ATacMS variants as part of the Pentagon’s so-called Service Life Extension Program.        MORE

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