RTX-Rafael JV to Establish Air Defense Missile Production Facility in Arkansas
A joint venture between RTX's Raytheon business and Israel-based Rafael Advanced Defense Systems will make a $33 million investment to establish a facility in East Camden, Arkansas, to manufacture the Tamir missile for the Iron Dome weapon system and the U.S. version of the missile, dubbed SkyHunter. The Raytheon-Rafael Area Protection Systems JV will break ground on the manufacturing facility before the end of 2023 and plans to kick off missile production in 2025, RTX said Thursday.