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Air Force Plant 4 is located within the Fort Worth-Arlington Metropolitan Statistical Area which includes Johnson, Parker and Tarrant Counties including the cities of Fort Worth and White Settlement. The area is characterized as a highly urbanized area with a diverse economic base concentrated in the manufacturing, service and retail industries.
Precision Castparts Corp. is an American industrial goods and metal fabrication company that manufactures investment castings, forged components, and airfoil castings for use in the aerospace, industrial gas turbine, and defense industries. In 2009 it ranked 362nd on the Fortune 500 list, and 11th in the aerospace and defense industry. [3]
T-50 Golden Eagle : The T-50 is an advanced jet trainer produced by a partnership of Lockheed Martin and Korea Aerospace Industries (KAI). The two companies have formed the T-50 International Company for export marketing. Lockheed U-2 : The U-2 is a single-seat, single-engine, high-altitude reconnaissance airplane which first flew in 1955.
The plant will benefit from a special Fort Worth tax credit allowing the company to raise $7 million for research and development into advanced aerospace materials.
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Ling-Temco-Vought (LTV) was a large American conglomerate which existed from 1961 to 2001. At its peak, it was involved in aerospace, airlines, electronics, steel manufacturing, sporting goods, meat packing, car rentals, and pharmaceuticals, among other businesses.