Why it matters
The aerospace context.
US aerospace demand is being driven simultaneously by record commercial-aircraft backlogs and a Department of Defense modernization cycle covering bombers, ICBMs, submarines, and hypersonics. Most projects in this category are constrained by skilled-labor availability — welders, composite technicians, machinists — rather than by capital.
Project record
At a glance
- Company
- Lockheed Martin
- Industry
- Aerospace
- Location
- Grand Prairie, Texas
- Investment
- $142.0M
- Expected jobs
- 590
- Status
- Operational
- Announced
- Aug 15, 2023
- Expected opening
- Oct 1, 2024
- Added to tracker
- Apr 15, 2025
Sources
Official references
- Primary source https://news.lockheedmartin.com/
Related
Other projects to know
In Texas
- Advanced ManufacturingNVIDIA / Foxconn (AI Supercomputer)Houston, Texas$700.0M1,500 jobs
- PharmaceuticalsEli LillyHouston, Texas$6.50B615 jobs
- Advanced ManufacturingApple / Foxconn (Server Manufacturing)Houston, Texas$500.0M1,200 jobs
- Advanced ManufacturingOpenAI / Oracle / SoftBank (Stargate)Abilene, Texas$100.00B10,000 jobs
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