Wesley Brown/ Talk Business & Politics

Wesley Brown is the Business Editor for Talk Business & Politics. He can be reached by email at wesbrocomm@gmail.com or follow him on Twitter @BrownOnBusiness.

U.S.S. Little Rock
Lockheed Martin

Lockheed Martin will debut its first-ever live stream launch of the future USS Little Rock on Friday at the Marinette Marine shipyard in Wisconsin. 

The warship, named after the Arkansas capital city, is the latest in the line of the nation’s new fast and mobile small surface Littoral Combat Ship (LCS) that is intended for stealth combat operations close to the shore.

The United States Department of Agriculture (USDA) has released its updated state-by-state report for its “Made in Rural America” initiative, highlighting the fact that the export of farm and ranch products contributed $4 billion to the Arkansas economy in the past year.

Sierra Club Glen Hooks
Lilyan Kauffman

The Arkansas Public Service Commission on Wednesday grant limited status to the Arkansas Sierra Club’s request to intervene in Entergy Arkansas Inc.’s $167 million rate case, saying the environmental group had established “specific interests” to participate in the regulatory docket.

military vehicle lockheed martin tom cotton asa hutchinson
Brian Chilson / Arkansas Times

A Pentagon official confirmed that a decision on the $30 billion award for Joint Light Tactical Vehicle project remains on schedule for an award in the fiscal fourth quarter, which for the U.S. military concludes at the end of September, Talk Business & Politics has learned.

Arkansas severance tax collections fell more than 50% in May from year ago levels as the state’s rig count plummeted to single digits and drilling crews are leaving the state for other richer wet shale plays across the U.S., according to state severance tax and employment data and industry reports.

That has left state tax revenue for natural gas production at just over $4 million in May, down 54.5% from $8.8 million a year ago, according to monthly tax data compiled by the Revenue Division of the Arkansas Department of Finance & Administration.

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