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Lockheed Martin’s Missile System Integration Lab in Huntsville set to stage newest $17 billion contract

April 17, 2024/in Economy, Engineering, Featured, Lead, Manufacturing, Military, News, Success, Technology/by staff reports

The Missile Defense Agency (MDA) has chosen Lockheed Martin [NYSE: LMT] to lead the development and deployment of the Next Generation Interceptor (NGI). The multiyear contract is worth a reported $17 billion. As the prime contractor for the NGI project, Lockheed Martin will deliver the the Ground-based Midcourse Defense (GMD) system. The NGI, equipped with […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/Lockheed-Martin-wins-big-with-17-billion-MDA-contract-.jpg 316 833 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2024-04-17 06:00:122024-04-17 12:10:10Lockheed Martin’s Missile System Integration Lab in Huntsville set to stage newest $17 billion contract

UAH ranks nationally as federal research expenditures exceed $132 million

April 15, 2024/in Aerospace, Community Development, Defense, Education, Engineering, Featured, Lead, Military, NASA, News, Science, Space, Technology, Workforce Development/by staff reports

The University of Alabama in Huntsville (UAH), ranks first in the State of Alabama in six categories of federal research expenditures, according to the most recent Higher Education Research and Development (HERD) Survey. Federal research initiatives totaled $132.1 million, including first-place rankings in Department of Defense, NASA, Aerospace/Aeronautical/Astronautical Engineering, Computer and Information Sciences, Atmospheric Science & Meteorology and Astronomy […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/UAH-ranks-nationally-as-federal-research-expenditures-exceed-132-million.jpg 316 833 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2024-04-15 06:30:072024-04-14 21:03:42UAH ranks nationally as federal research expenditures exceed $132 million

Where are interest rates headed for the Rocket City?

April 10, 2024/in Economy, Employment, Engineering, Featured, Housing, Lead, News, People, Real Estate, Resource, Workforce Development/by Matt Curtis

With interest rates hitting a two-decade high, many consumers across the Huntsville area wonder where rates are headed for the rest of 2024 and into 2025. Higher interest rates, along with higher prices have affected housing affordability where the median household income can no longer afford the median priced home in the Tennessee Valley. In […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/Where-are-interest-rates-headed-for-the-Rocket-City.jpg 316 833 Matt Curtis https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Matt Curtis2024-04-10 06:20:022024-04-09 22:30:33Where are interest rates headed for the Rocket City?

Rocket City Regional FIRST robotics competition draws international talent to Von Braun Center

April 9, 2024/in Education, Engineering, Entertainment, Events, Featured, Lead, News, Science, Space, Technology/by Sarah Zupko

Competitors, spectators, referees, judges, and volunteers packed into the Von Braun Center (VBC) last week for the Rocket City Regional FIRST Robotics Competition (FRC) Event.  The four-day event ran from April 3-6 and was hosted by For Inspiration and Recognition of Science and Technology (FIRST) Robotics. While dubbed a “regional” event, 47 teams from across […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/FIRST.jpg 316 833 Sarah Zupko https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Sarah Zupko2024-04-09 06:30:562024-04-08 21:44:39Rocket City Regional FIRST robotics competition draws international talent to Von Braun Center

Huntsville attracts hundreds to successful return of NGA’s 2024 GeoResilience Summit

April 5, 2024/in Community Development, Economy, Education, Employment, Engineering, Events, Featured, Lead, NASA, News, Research, Science, Technology, Workforce Development/by Laura Boehringer

The National Geospatial-Intelligence Agency (NGA) hosted the 2024 GeoResilience Summit at the Jackson Center this Thursday, April 04, in collaboration with GEOHuntsville, a local nonprofit. The event included geospatial intelligence panels, a career fair, and networking opportunities for geo-imaging and intelligence professionals. The event ended with a presentation of $3K in GEOHuntsville scholarships to local […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/Huntsville-attracts-hundreds-to-successful-return-of-NGAs-2024-GeoResilience-Summit-.jpeg 316 833 Laura Boehringer https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Laura Boehringer2024-04-05 06:45:312024-04-04 19:36:56Huntsville attracts hundreds to successful return of NGA’s 2024 GeoResilience Summit

Local university leads $3.2M DoD grant initiative to boost cybersecurity education nationwide

April 5, 2024/in Community Development, cyber, Defense, Education, Engineering, Featured, Lead, Military, News, Technology, Workforce Development/by staff reports

The University of Alabama in Huntsville (UAH) is leading a four-university coalition to advance cybersecurity education through Virtual Internship and Varied Innovative Demonstrations (VIVID). This three-year program is funded by a $3.2 million grant from the Department of Defense (DOD). UAH’s nationwide coalition includes Augusta University in Georgia, Florida International University and The University of Arizona. Dr. […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/1-VIVID-Map.png 561 1050 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2024-04-05 06:00:312024-04-04 19:16:21Local university leads $3.2M DoD grant initiative to boost cybersecurity education nationwide

GE Aerospace launches as independent public company following spin-off

April 3, 2024/in Community Development, Development, Engineering, Featured, Lead, Manufacturing, News, Science, Space, Technology/by Gus Wintzell

As of April 02, 2024, GE Aerospace (NYSE: GE) officially launched as an independent public company. This move comes after the completion of the GE Vernova spin-off. GE Aerospace will be traded on the New York Stock Exchange (NYSE) under the ticker symbol “GE.” To commemorate the occasion, both GE Aerospace and GE Vernova will […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/04/GE-Aerospace-launches-as-independent-public-company-following-spin-off.jpg 316 833 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2024-04-03 06:00:362024-04-02 22:42:16GE Aerospace launches as independent public company following spin-off

Alumna Patricia “Patti” Martin elected to Alabama Engineering Hall of Fame

March 29, 2024/in Education, Engineering, Featured, Lead, News, People, Recognition/by Gus Wintzell

Patricia “Patti” Martin, an alumna of The University of Alabama Huntsville (UAH), has been selected to the Alabama Engineering Hall of Fame (AEHOF). Martin graduated from The University of Alabama in 1983 with a bachelor’s degree in chemical engineering. In 1998, she earned a master’s degree in industrial and systems engineering from UAH, a part of […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/03/Alumna-Patricia-Patti-Martin-elected-to-Alabama-Engineering-Hall-of-Fame.jpg 316 833 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2024-03-29 06:00:002024-03-28 11:21:46Alumna Patricia “Patti” Martin elected to Alabama Engineering Hall of Fame

Australian defense company Boresight makes major announcement to close out AUSA

March 28, 2024/in Community Development, Defense, Engineering, Featured, Lead, Military, News, Science, Technology/by Sarah Zupko

Boresight, an Australian defense company specializing in drone production, announced on March 27 that their U.S. operations will be headquartered in Huntsville.  Boresight made the announcement at the AUSA Global Force Symposium, which is being held at the VBC.  Huntsville Mayor Tommy Battle, Madison County Commission Chairman Mac McCutcheon, representatives from the Huntsville/Madison County Chamber, […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/03/Australian-defense-company-Boresight-makes-major-announcement-to-close-out-AUSA.jpg 316 833 Sarah Zupko https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Sarah Zupko2024-03-28 11:14:382024-03-28 11:14:38Australian defense company Boresight makes major announcement to close out AUSA

Northrop Grumman showcases cutting-edge defense systems at Huntsville Manufacturing Center

March 27, 2024/in Defense, Engineering, Events, Featured, Lead, Manufacturing, Military, News, Technology/by Sarah Zupko

Northrop Grumman held a program update on the production of their Integrated Battle Command System (IBCS) and Forward Area Air Defense Command and Control (FAAD C2) on the afternoon of March 25.  Following the briefing, representatives from Northrop Grumman hosted a tour of their Huntsville Manufacturing Center, where IBCS and FAAD C2 are currently in […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2024/03/Northrop-Grumman-showcases-cutting-edge-defense-systems-at-Huntsville-Manufacturing-Center.jpg 316 833 Sarah Zupko https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Sarah Zupko2024-03-27 06:45:282024-03-26 17:52:49Northrop Grumman showcases cutting-edge defense systems at Huntsville Manufacturing Center
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