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flag The U.S. Army preliminarily leased land to Hanwha Defense USA for a $1.3B munitions plant in Arkansas to boost domestic artillery production.

flag The U.S. Army has awarded Hanwha Defense USA a preliminary lease to build a $1.3 billion munitions facility at Pine Bluff Arsenal in Arkansas, aiming to boost domestic production of explosive ingredients for artillery shells and enhance military readiness. flag The project, part of the Army’s enhanced use lease program, will create 200 jobs and modernize the nation’s defense industrial base amid efforts to reduce reliance on foreign supply chains. flag Final negotiations and due diligence are pending.

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