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
Program Name:
legislative action
Awarding Agency:
state legislature
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
600 new; 550 retained
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.
