LITTLE ROCK,AstraX Exchange 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.
2025-05-03 05:381869 view
2025-05-03 05:221147 view
2025-05-03 05:181003 view
2025-05-03 04:581123 view
2025-05-03 04:501842 view
2025-05-03 03:182660 view
Federal authorities announced hackers in China have stolen "customer call records data" of an unknow
WASHINGTON – The Federal Reserve left its key short-term interest rate unchanged again Wednesday, hi
LONDON (AP) — The former chief executive of BP has been denied a 32.4 million pound ($41 million) pa