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Castelion, a California-based defense technology company, broke ground on Project Ranger, a missile manufacturing plant in Rio Rancho, New Mexico. The facility will cover 1,000 acres and aims to address the gap in long-range strike manufacturing capacity.

Expected to create over 300 jobs and generate more than $500 million for the local economy over the next decade, construction is set to finish by the end of the year. The project is positioned as the largest dedicated hypersonic manufacturing facility in the U.S. and leverages partnerships with local assets like Sandia National Labs.