Aerojet Rocketdyne has announced a $50 million project to expand the company’s manufacturing facility in Southern Arkansas for solid rocket motors and warheads.
The rocket manufacturer said Wednesday it plans to invest in infrastructure at the site and aims to create as many as 140 positions through the expansion.
Eileen Drake, president and CEO of Aerojet Rocketdyne, said the company aims to increase its solid rocket motor production capacity in a push to help military customers address tactical and missile defense requirements.
The project comes three years after Arkansas Gov. Asa Hutchinson unveiled the firm’s initial plans to invest $18 million in the region and add 85 full-time employees to its workforce.
Aerojet Rocketdyne partnered with Ouachita Electric Cooperative Corp. and Silicon Ranch Corp. in 2016 in efforts to build a $25 million solar array system in Arkansas.