Current:Home > ContactDefense contractor RTX to build $33 million production facility in south Arkansas -AssetLink
Defense contractor RTX to build $33 million production facility in south Arkansas
NovaQuant Quantitative Think Tank Center View
Date:2025-04-10 05:11:25
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! (45)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Car fire at Massachusetts hospital parking garage forces evacuation of patients and staff
- California hiker rescued after 7 hours pinned beneath a boulder that weighed at least 6,000 pounds
- Heart of Hawaii’s historic Lahaina, burned in wildfire, reopens to residents and business owners
- Giants, Lions fined $200K for fights in training camp joint practices
- Air Force disciplines 15 as IG finds that security failures led to massive classified documents leak
- Kensington Palace releases video showing Princess of Wales and her kids packing gift bags for needy
- Texas prosecutors drop murder charges against 2 of 3 people in fatal stabbing of Seattle woman
- Connie Chiume, South African 'Black Panther' actress, dies at 72
- Three people die in a crash that authorities discovered while investigating a stolen vehicle
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Young Thug trial delayed at least a day after co-defendant is stabbed in jail
- Three people die in a crash that authorities discovered while investigating a stolen vehicle
- Hong Kong leader praises election turnout as voter numbers hit record low
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Adoptive parents sentenced in starving death of Washington teen
- 2 winning Mega Millions jackpot tickets sold at same California gas station
- Fantasy football winners, losers: Chase Brown making case for more touches
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Battle over creating new court centers on equality in Mississippi’s majority-Black capital city
5-year-old Detroit boy dies, shoots himself with gun in front of siblings: Authorities
Heart of Hawaii’s historic Lahaina, burned in wildfire, reopens to residents and business owners
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Zelenskyy will address the US military in Washington as funding for Ukraine’s war runs out
Europe agreed on world-leading AI rules. How do they work and will they affect people everywhere?
Bronze top hat missing from Abraham Lincoln statue in Kentucky