Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Lockheed Martin Expands Manufacturing at TexAmericas Center in Texarkana, Texas

08/03/2020
As part of a $77 million contract with the U.S. Army, Lockheed Martin will expand operations into a 218,857-square-foot building at the TexAmericas Center in Texarkana, Texas. The project is in support of a public/private partnership contract with the Red River Army Depot.

The company will utilize a portion of the floor space at TexAmericas Center Building 333, currently leased by the RRAD to support the Army’s Multiple Launch Rocket System Fleet Expansion Program. Building 333 will undergo major improvements requested and funded by Lockheed Martin.

“We’re excited to welcome Lockheed Martin and continue our support of the Red River Army Depot,” said Scott Norton, CEO of TexAmericas Center. “We understand the value of these partnerships, not just in terms of improvements to our buildings, but also the growth of the advanced manufacturing skills sets critical to our future economic potential. Our part is helping to prepare the space that RRAD is leasing from us. It is 95% ready to go.”

"RRAD has utilized these partnerships with various Original Equipment Manufacturers since 2002. Lockheed Martin has a proven track record of supporting the Department of Defense and the nation's Warfighters. We are looking forward to working with the Lockheed team," Marshall McKellar, Chief of the depot's Business Management Office, told the Texarkana Gazette.

"Lockheed Martin created a small number of full-time positions in this phase responsible for supplying M270 parts to the production floor, in addition to the Red River Army Depot staff performing the base vehicle remanufacture," a company official reported.

"Initially, there will be 15 new positions running things at the new facility," a spokesperson told the local newspaper. "But there will be more as the facility increases its activity.

“TexAmericas Center was picked because of the infrastructure in place as well as proximity to RRAD,” the newspaper reported. “The monetary cost of the upgrades to the building came to about $950,000.”

Share

Exclusive Research