Lockheed Martin Breaks Ground On Pike County Expansion
Lockheed Martin's site in Pike County is adding a more than $30 million expansion.
Today company and county leaders broke ground for the Long Range Strike Systems cruise missile production annex.
It will almost double their production facility by adding 62,000 square feet. The Joint Air-to-Surface standoff missile, or JASSM is made in the facility. Thirty new jobs will be added and it will be up and running near the end of 2015.
Dave Anderson, Lockheed Martin Site Director, "Our mission success record within the last two years is 100 percent. We have proven performance here. And when you can prove your performance from a cost stand point and from a quality stand point you get jobs like this you get this expansion."
In December Lockheed Martin announced a $449 million contract with the U.S. Air Force, involving production of the missles made in that Pike County facility. There's enough space to complete their current contracts but the expansion is for future growth.