Boeing, Lockheed Martin to turbocharge Patriot seeker production in Huntsville

Boeing’s Huntsville facility will triple production of its PAC-3 missile seekers following an agreement on a seven-year deal with the Pentagon.  Under the agreement, Boeing, the Department of War and PAC-3 Missile Segment Enhancement prime contractor Lockheed Martin will immediately begin production ramp-up and negotiate toward a multi-year contract award later this year. “This agreement […]

Real Estate Update: Madison County home sales, median prices continued to rise in Feb.

According to the March 9 weekly report from the Huntsville Area Association of Realtors (HAAR), as of the week ending Feb. 26, 2026, the average 30-year fixed mortgage rate dropped to 5.98%. Freddie Mac says this was the first time in three and a half years that mortgage rates dipped below 6%.  Lower mortgage rates […]

Huntsville Utilities explains spike in winter bills, citing cold weather, system demand and TVA costs

Rising winter utility bills drew concerned residents to a Huntsville City Council meeting on Thursday, March 26. During a scheduled presentation that evening, Huntsville Utilities CEO Wes Kelley outlined the factors behind the increase that has caused significant public concern.  At the meeting on Thursday, March 26, Kelley stated that in January and February, the […]

Huntsville Music Office Kicks Off 2026 with Quarterly Meetup, Details New Economic Impact Study

The Huntsville Music Office launched its 2026 programming with momentum on Tuesday March 24th, drawing a standing-room-only crowd to the recently reopened Tip Top Cafe for its first quarterly music meetup of the year.   Artists, venue operators and community stakeholders gathered to hear updates on Huntsville’s rapidly growing music scene, as city leaders outlined upcoming […]

FirstBank’s Customer-First Approach Drives No. 1 J.D. Power Ranking

FirstBank ranked No. 1 for retail banking customer satisfaction in the South Central region in the J.D. Power 2026 U.S. Retail Banking Satisfaction Study. The ranking is based on feedback from more than 100,000 retail banking customers nationwide. The study also found that FirstBank received the highest ratings in the region for trust and for […]

Ground is broken for ‘next chapter’ of ServisFirst bank

Citing the vision of Andy Kattos, ServisFirst Bank Regional CEO Jim Holtkamp celebrated the bank’s new Huntsville location during a groundbreaking ceremony Wednesday. “Andy drove by and saw a for sale sign and got on the phone,” Holtkamp said with Kattos, the bank’s director emeritus, among those in the audience. “Without Andy’s leadership over the […]

Protect the Local Deposits that Power Alabama’s Growth

Op-Ed provided by: Bank Independent CEO, Macke Mauldin The Vital Role of Community Bank Deposits Most conversations about new digital payment tools often miss a crucial reality: when money exits community bank deposits, local lending is directly impacted. Treasury Secretary Scott Bessent emphasized, “In a fractional banking system, deposits finance lending. When deposits flow out, […]

Prudent Growth purchases Hampton Cove Shops for $7.6 million

Hampton Cove Shops, a retail center adjacent to Walmart in Owens Cross Roads, has been purchased for $7.6 million, Prudent Growth Partners announced.  Prudent Growth is a private equity real estate firm based in Chapel Hill and Charlotte, N.C. According to the firm, the 41,681-square-foot center is 96.64% leased to 12 tenants with staggered lease […]

Raytheon completes $115 million expansion of Huntsville missile integration facility

A cornerstone of Raytheon’s missile production on Redstone Arsenal just got a little bigger. The company announced it has completed a 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility. At a ribbon-cutting ceremony, Raytheon officials said the $115 million capital investment will increase the facility’s integration and delivery capacity by over 50% and […]

Huntsville Housing Market, Child Care Costs and Affordability Trends: Why the Rocket City Is Balancing Growth Better Than Most

As Americans approach Tax Day this year, many are thinking about more than their tax returns.  A recent taxpayer survey from WalletHub found that 78 percent of Americans said they were more concerned about affordability than taxes. Rising housing costs, child care expenses and everyday living costs have reshaped how households across the country evaluate […]