Current:Home > ContactDefense contractor RTX to build $33 million production facility in south Arkansas -ProgressCapital
Defense contractor RTX to build $33 million production facility in south Arkansas
View
Date:2025-04-18 18:33:17
LITTLE ROCK, Ark. (AP) — Defense contractor RTX will build a $33 million facility in south Arkansas to manufacture missiles to be used in U.S. and Israeli air defense systems, the company and Gov. Sarah Huckabee Sanders announced Thursday.
RTX, formerly Raytheon, will build the manufacturing facility in East Camden in partnership with Rafael Defense Systems. The new facility, which will employ 30 people, will produce the Tamir missile for Israel’s Iron Dome Weapon System and its U.S. variant, the SkyHunter missile.
RTX plans to break ground on the new facility by the end of the year with a goal to begin production in 2025, said Jeff Shockey, senior vice president for global government relations.
Shockey said the facility will initially produce about 325 SkyHunter missiles a year and ultimately 1,000 to 2,000 Tamir missiles a year.
Incentives for the project include a $250,000 grant for infrastructure, as well as income tax credits and sales tax refunds, Arkansas Economic Development Commission Executive Director Clint O’Neal said.
veryGood! (836)
Related
- Tropical weather brings record rainfall. Experts share how to stay safe in floods.
- Noncitizen voting isn’t an issue in federal elections, regardless of conspiracy theories. Here’s why
- Authorities say 4 people are dead after a train collided with a pickup in rural Idaho
- Get Gym Ready With Athleta’s Warehouse Sale, Where You Can Get up to 70% off Cute Activewear
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Apple says it's fixing bug that prompts Palestinian flag emoji when typing Jerusalem
- 1 dead after shuttle bus crashes at a Honolulu cruise ship terminal
- Caitlin Clark gets personalized AFC Richmond jersey from 'Ted Lasso' star Jason Sudeikis
- The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
- Colorado inmate overpowers deputy, escapes hospital; considered 'extremely dangerous'
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Australian World War II bomber and crew's remains found amid saltwater crocodiles and low visibility in South Pacific
- Houston hospital halts liver and kidney transplants after doctor allegedly manipulates some records for candidates
- Police in Australia identify the Sydney stabbing attacker who killed 6 people
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Judge rejects defense efforts to dismiss Hunter Biden’s federal gun case
- A jury of his peers: A look at how jury selection will work in Donald Trump’s first criminal trial
- Lenny Kravitz works out in leather pants: See why he's 'one of the last true rockstars'
Recommendation
Billy Bean was an LGBTQ advocate and one of baseball's great heroes
Robert MacNeil, founding anchor of show that became 'PBS NewsHour,' dies at age 93
Progressive candidates are increasingly sharing their own abortion stories after Roe’s demise
Tiger Woods grinds through 23 holes at the Masters and somehow gets better. How?
A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
Ex-Kentucky swim coach Lars Jorgensen accused of rape, sexual assault in lawsuit
Boston College vs. Denver Frozen Four championship game time, TV channel, streaming info
World's Oldest Conjoined Twins Lori and George Schappell Dead at 62