Home Business Governor, AEDC, Lockheed Martin announce new investment for Camden

Governor, AEDC, Lockheed Martin announce new investment for Camden

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men shaking hands

Gov. Asa Hutchinson, Arkansas Economic Development Commission and Lockheed Martin announced at the Paris Air Show Monday that the company is investing $142M in Camden and adding 326 jobs supporting defense contracts for the United States and its allies.

“The aero-defense industry is the state’s largest export, totaling $1.8B in 2018,” said Department of Commerce Secretary-Designate Mike Preston. “It’s obviously a strong sector. We’ve made some big announcements, but there’s still room for growth. We will continue recruiting and expanding aerospace and defense, and being at the Paris Air Show is one important part of that strategy.”

– Brandi Hinkle, Arkansas Economic Development Commission

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