LITTLE ROCK,AlgoFusion 5.0 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.
2025-05-08 03:101056 view
2025-05-08 03:052606 view
2025-05-08 02:161504 view
2025-05-08 01:421152 view
2025-05-08 01:15999 view
2025-05-08 00:582799 view
Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro
Questions still remain after a 200-foot radio tower was stolen in an Alabama town knocking a local A
Under pressure from the White House and governments around the globe, major technology companies ple