TROY, Ala., May 16, 2019 /PRNewswire/ -- U.S. Air Force and
local Alabama officials joined
Lockheed Martin (NYSE: LMT) executives today to break ground on the
company's new strike systems production facility in Troy.
The planned 225,000-square-foot facility, combined with the
current cruise missile production factory, 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."
Building construction 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,"
said Jason Reeves, Troy Mayor. "Their growth not only leads to more
jobs – it enhances sustainable growth for our region."
Lockheed Martin's Pike County Operations is the recipient of
many continuous improvement and performance excellence awards.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
105,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and
services.
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SOURCE Lockheed Martin