Lockheed Martin Begins Construction On Missile Plant in Troy, Alabama
Lockheed Martin said the new 225,000-square-foot facility, combined with the current cruise missile production factory on the Troy site, will provide the necessary space to meet the U.S. Air Force’s objectives.
“This expansion represents Pike County Operations’ long-standing commitment to meet our customer’s current and future needs as well as to bring more well-paying jobs to the area,” said Frank St. John, Executive Vice President at Lockheed Martin Missiles and Fire Control. “All our employees come to work with an unwavering commitment to help our customers succeed in their mission to create a more secure and prosperous world.”
Greg Canfield, Secretary of the Alabama Department of Commerce, joined Lockheed Martin executives and U.S. Air Force officials at a groundbreaking ceremony this morning at the Troy location.
“We strive to provide a foundation in Alabama that allows aerospace companies like Lockheed Martin to establish world-class facilities that are positioned for expansion opportunities,” Secretary Canfield said. “Over the quarter century, the company’s Troy missile facility has grown from 30 employees to around 500 today, and the number is still growing.
Lockheed Martin said construction on the new Alabama facility is slated for completion in 2021 with Joint Air-to-Surface Standoff Missile Extended Range (JASSM-ER) production ramping up in the second half of 2022.
“We’re pleased to see Lockheed Martin continue to invest in our community with the addition of this new manufacturing building,” Troy Mayor Jason Reeves said. “Their growth not only leads to more jobs, it enhances sustainable growth for our region.”
Lockheed Martin last initiated an expansion in Pike County in 2014, when it launched a project that was slated to create 224 full-time jobs over five years. The hiring milestones on that $65 million project have been met.
AIDT, the state’s primary workforce development agency, has been assisting Lockheed Martin’s Pike County operation for 25 years and opened a $2 million, 7,000-square-foot Advanced Training Centeron the campus in 2017.
On the Hunt for a Productive New Biomanufacturing Site?
Labor Challenges in the Industrial and Manufacturing Sectors Persist
Workforce Q4 2021
Changes in the Incentives Landscape
Talent-Based Location Strategies
Workforce Q4 2021
Solutions for Decisively Navigating the Location Decision
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts