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 Program Name: legislative action Awarding Agency: state legislature Type of Subsidy:
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.