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Subsidy Tracker Individual Entry

Company: Lockheed Martin
Parent Company: Lockheed Martin
Subsidy Source: state
Location: Arkansas
City: Camden
Project Description: military vehicle assembly plant
Year: 2015
Major Industry of Parent: aerospace and military contracting
Specific Industry of Parent: aerospace & military contracting
Subsidy Value: $87,100,000
Subsidy Value in 2023 Dollars: $112,357,249
Program Name: legislative action
Awarding Agency: state legislature
Type of Subsidy: 
MEGADEAL (Archived)

Source of Data: The subsidy value and jobs projections came from: Michael R. Wickline, "Hutchinson Signs Lockheed Bond Bills," Arkansas Democrat-Gazette, May 30, 2015.
Notes: The state legislature approved a bill allowing for the issuance of an $87.1 million general obligation bond to finance Lockheed Martin's expansion costs in connection with a hoped-for U.S. Army contract. The contract was awarded to Wisconsin-based Oshkosh Corp. instead. Overlap with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.