Boeing wins $5 billion Missile Defense Agency GMD Contract

HUNTSVILLE, AL – The U.S. Missile Defense Agency (MDA) has awarded Boeing [NYSE: BA] the Ground-based Midcourse Defense (GMD) System Integration, Test and Readiness (SITR) contract. The contract is worth up to $5 billion. Boeing has supported the GMD system since its inception in 1998, through development, sustainment and test operations. The system has now been on alert […]

Real Estate Update: Rental Woes Ravage Small Businesses

This entry of the Huntsville Business Journal’s Real Estate Update takes a step back from the residential real estate market in order to take a look at developments in commercial real estate.  The August 2022 report from Alignable, the nationwide small business online network company, shows a record-breaking 40% of small businesses nationally being unable […]

Council approves HCS construction of new Central Office

The Huntsville City Schools Board of Education will soon have a new home as will the Career Tech Center, and both will share the same campus at the corner of Max Luther Drive and North Memorial Parkway. The Huntsville City Council approved the transfer of 14 acres of what is the old Builder’s Square property […]

Huntsville Transit seeks public’s feedback on service, operations

HUNTSVILLE, AL – As the City of Huntsville grows, Huntsville Transit is exploring ways it can improve operations while also evaluating an expansion of its service area. To that end, a series of community outreach meetings will be held next month to hear comments from Huntsville Transit users or anyone who has an opinion about […]

Noblis Celebrates Grand Opening of New, Expanded Facility

Nonprofit science and technology organization Noblis celebrated the expansion of its Huntsville office on last Thursday with a ribbon cutting and open house, which featured demonstrations of its different areas of expertise and opportunities to talk to a variety of company experts. Formed in 1996 as a spin-off of the nonprofit R & D-focused MITRE […]

Innovate Alabama announces inaugural small business grant recipients

BIRMINGHAM, AL – The Alabama Innovation Corporation (Innovate Alabama) announced the first round of small business recipients of the Innovate Alabama Supplemental Grant Program, awarding more than $4.5 million in grant funding. 31 awards were presented to 30 winners, encompassing a diverse group of entrepreneurs across six Alabama cities. The recipients will be able to utilize […]

Drake State CSI Program connects students to advanced manufacturing companies

HUNTSVILLE, AL – Five advanced manufacturing companies have selected 14 Drake State students to participate in the CSI (Connecting Students with Industry) Advanced Industrial Maintenance (AIM) Program. Boeing, GE Appliances, Mazda Toyota Manufacturing, Toyota Alabama Inc., and LSINC interviewed students and selected this top group who will work for the companies while pursuing a two-year […]

EDPA announces new Alabama Business Intelligence Center

The Economic Development Partnership of Alabama (EDPA) has recently announced the development of the Alabama Business Intelligence Center (ABIC). The Alabama Business Intelligence Center generates actionable data insights for the recruitment and retention of Alabama businesses. Its initial areas of focus include industries, companies, and executives that align with Alabama’s value proposition.  In an statement, […]

Real Estate Update: A Return to Pre-Pandemic Market Conditions

The Huntsville Area Association of Realtors’ (HAAR) report for the month of July has been released. These figures suggest that the reverberations of the pandemic disruptions to the residential real estate market have largely settled out.  802 homes sold in Madison County last month, down from 930 sold in July of 2021, and even a […]

Alabama Launchpad of EDPA and Alabama Power Foundation partner for Alabama Launchpad’s Social Impact Competition

HUNTSVILLE, AL – Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA), is proud to announce its partnership with the Alabama Power Foundation, launching the first statewide Alabama Launchpad: Social Impact Competition. This inaugural Social Impact Competition is fit for entrepreneurs who are intent on making a positive impact on society through […]