LITTLE ROCK, Arkansas — An $87 million incentive package aimed at helping attract a defense contract to south Arkansas has easily won initial approval from state lawmakers.
The Arkansas House voted 96-0 on Wednesday to issue bonds if Lockheed Martin wins a contract to assemble a tactical vehicle for the Army and Marines at its Camden facility. The same proposal passed the Senate on a 31-3 vote.
State officials say they expect nearly 600 new jobs to be created if the Maryland-based company wins the contract.
The incentive package is the top agenda item for the special legislative session that began Tuesday. Final votes are set in both chambers on Thursday.