July 30, 2020
Lockheed Martin will expand operations into a building at the TexAmericas Center in Texarkana in support of a public/private partnership contract with the Red River Army Depot (RRAD).
The aerospace manufacturer will utilize a portion of the floor space at TexAmericas Center currently leased by the RRAD to support the Army’s Multiple Launch Rocket System (MLRS) Fleet Expansion Program. The contract with RRAD is valued at $77 million and runs until 2024.
The 218,857-square-foot building, commonly referred to as Building 333, will undergo improvements that Lockheed Martin has requested and will pay for.
“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.”
Photo courtesy of Clark Construction.
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