Current:Home > NewsDefense contractor RTX to build $33 million production facility in south Arkansas -ValueCore
Defense contractor RTX to build $33 million production facility in south Arkansas
View
Date:2025-04-25 18:30:43
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! (88)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Gunmen burst into San Antonio home, shooting 3 kids, 2 adults; suspects remain at large
- A look at what passed and failed in the 2024 legislative session
- Americans are choking on surging fast-food prices. I can't justify the expense, one customer says
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- A school district removed Confederate names from buildings. Now, they might put them back
- Limit these ultra-processed foods for longer-term health, 30-year study suggests
- Wisconsin woman who argued she legally killed sex trafficker pleads guilty to homicide
- Louvre will undergo expansion and restoration project, Macron says
- No sign of widespread lead exposure from Maui wildfires, Hawaii health officials say
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near record
- 'Selling the OC' cast is torn apart by an alleged threesome. It's not that big of a deal.
- AP Week in Pictures: North America
- What do we know about the mysterious drones reported flying over New Jersey?
- Wisconsin woman who argued she legally killed sex trafficker pleads guilty to homicide
- Harris congratulates HBCU graduates in video message for graduation season
- With quarterly revenue topping $5 billion, DoorDash, Uber push back on driver wage laws
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Former aide and consultant close to U.S. Rep. Cuellar plead guilty and agree to aid investigation
DJT stock rebounds since hush money trial low. What to know about Truth Social trading
Closure of California federal prison was poorly planned, judge says in ordering further monitoring
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
The Biden-Netanyahu relationship is strained like never before. Can the two leaders move forward?
Scores of starving and sick pelicans are found along the California coast
Disney and Warner Bros. are bundling their streaming platforms