Gov. Ivey Awards $1M Grant for Troy Water Line, Supporting Lockheed Martin Expansion Gov. Kay Ivey has awarded a $1M grant to build a water line in Troy, Alabama, supporting Lockheed Martin's planned expansion. The project, which includes a $755,000 local match, aims to enhance industrial capacity and create 300 new jobs while improving water service for area residents. MONTGOMERY, Ala. (WSFA) - Gov. Kay Ivey has awarded a $1M grant to build a water line supporting Lockheed Martin's planned expansion in Troy, which is expected to create 300 new jobs. The company plans to invest $35-$50M, including at least one new facility, to increase annual THAAD interceptor production from 96 to 400 over seven years. The Troy plant also builds Javelin and air-to-ground missiles."This is a significant development for Troy and Pike County that will bring many good jobs and enhance economic opportunities in the area," Gov. Ivey said.Local Infrastructure Upgrades Support Defense"I am pleased to award funds to this project, which will benefit area residents and support national defense objectives. " The project will also support the Rex Lumber and Universal Precast industrial facilities in Troy and is expected to improve service for about 900 nearby residents. Local leaders say the infrastructure upgrade will address current water system limitations and facilitate future industrial growth.The funds for the grant were given by the Alabama Department of Economic and Community Affairs from the U.S Department of Housing and Urban Development funds. This also includes a $755,000 local match from Pike County.Agency Director Praises Economic Impact"This development will improve regional manufacturing capacity and generate new economic opportunities for area residents," ADECA Director Kenneth Boswell said. "ADECA is pleased to partner with Gov. Ivey and Pike County in support of this substantial project. "