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Huntsville’s Invariant awarded $35.5M contract to support the U.S. Navy

November 30, 2023/in Defense, Engineering, Featured, Lead, Military, News, Technology/by staff reports

Invariant Corporation was recently awarded a $35.5 million dollar Ground Launched Advanced Precision Kill Weapon System (APKWS) Modular System OTA by the Naval Energetic Systems and Technologies (NEST) in support of the U.S. Navy.  The Naval Energetic Systems and Technologies, in partnership with the National Armaments Consortium (NAC), is a national collaboration supporting the Naval […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Huntsvilles-Invariant-awarded-35.5M-contract-to-support-the-U.S.-Navy.jpg 626 1660 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2023-11-30 06:00:302023-11-29 09:58:48Huntsville’s Invariant awarded $35.5M contract to support the U.S. Navy

Mazda Toyota Manufacturing celebrates fifth anniversary with community donation

November 29, 2023/in Charities, Community Development, Featured, Lead, Manufacturing, News, Philanthropy/by staff reports

MADISON, AL – Mazda Toyota Manufacturing (MTM) continued their legacy of community development yesterday with the celebration of five years in Madison County, as well as more than $100,000 in donations to community organizations. MTM announced grants totaling $110,000 to 20 local nonprofits through their MTM Grant Fund. This announcement aligned with the Community Foundation […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Mazda-Toyota-Manufacturing-celebrates-fifth-anniversary-with-community-donation-Credit_-MTM.jpg 626 1660 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2023-11-29 09:49:092023-11-29 09:49:28Mazda Toyota Manufacturing celebrates fifth anniversary with community donation

New Yellowhammer beer made with Alabama barley shows potential economic benefit to state farmers

November 29, 2023/in Agriculture, Community Development, Engineering, Featured, Food, Food/dining, Lead, News, People, Science/by Noah Logan

Thanks to the partnership from HudsonAlpha, Auburn University, Alabama A&M and Yellowhammer Brewery, Huntsville residents can now try a beer that is more “Alabama” than any other beer on tap.    Last week at a special event, Yellowhammer Brewing released its newest beer — Avalon Zwickelbier — the first beer to be brewed in the state of […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/HudsonAlpha-and-Yellowhammer-Brewing-Company-unveil-new-Zwickelbier-made-with-barley-grown-in-Alabama.jpg 626 1660 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2023-11-29 06:30:112023-11-28 11:05:56New Yellowhammer beer made with Alabama barley shows potential economic benefit to state farmers

Leidos awarded $32M defense radar contract

November 28, 2023/in Defense, Engineering, Featured, Lead, Military, News, Technology/by Gus Wintzell

Leidos, a Fortune 500® science and technology company, announced it was recently awarded a new $32 million contract by the Marine Corps System Command (MARCORSYSCOM) through the Consortium Management Group (CMG). The defense radar systems development contract calls for four Medium Range Air Defense Radar (MRADR) prototype systems within a two-year span. The company’s Dynetics team will […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Leidos-awarded-32M-defense-radar-contract.jpg 626 1660 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2023-11-28 10:47:152023-11-28 11:29:43Leidos awarded $32M defense radar contract

NAR says to expect 6% average for 2024 as mortgage rates decrease

November 27, 2023/in Community Development, Economy, Featured, Housing, Lead, News, Real Estate/by Marie Johnson

The average 30-year fixed mortgage rate continued to decrease this week, with the current average at time of printing down from 7.61% to 7.41%.  As a result, demand for mortgages have begun creeping back upwards, with applications nationwide up 2% over the week. However, this still represents a 20% decrease from the same time last […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/10/HAAR.jpg 626 1660 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-11-27 06:00:522023-11-26 16:30:51NAR says to expect 6% average for 2024 as mortgage rates decrease

Alabama’s Holiday cyber crisis: How worried should shoppers be?

November 26, 2023/in cyber, Defense, Economy, Featured, Lead, News, People, Resource, Retail, Small Business/by Noah Logan

Cyber security has become a pressing concern for many states across the US, and Alabama is no exception. With an ever-evolving landscape of cyber threats, the state faces significant risks that can have detrimental effects on its economic well-being, but how serious are these risks?  A recent article published early in November from VPNPro.com aimed […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Alabamas-Holiday-cyber-crisis_-How-worried-should-shoppers-be_.jpg 626 1660 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2023-11-26 06:30:362023-11-26 16:23:36Alabama’s Holiday cyber crisis: How worried should shoppers be?

Arguments begin in Huntsville regarding changes to national small business laws

November 22, 2023/in Development, Featured, Government, Law, Lead, News, Small Business/by Gus Wintzell

HUNTSVILLE, AL – On Monday, oral arguments in National Small Business Association v. Yellen will began at the Huntsville United States District Court. The case is a challenge to the constitutionality of the Corporate Transparency Act (CTA) and specifically the law’s beneficial ownership reporting requirements. The law would require nearly every American who runs or […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Arguments-begin-in-Huntsville-regarding-changes-to-national-small-business-laws.jpg 396 1050 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2023-11-22 06:00:512023-11-21 15:21:28Arguments begin in Huntsville regarding changes to national small business laws

Bank Independent named one of the Best Banks to Work For in 2023

November 21, 2023/in Awards, Banking, Community Development, Featured, Finance, Lead, News, People/by staff reports

Bank Independent has been named one of the 2023 Best Banks to Work For. American Banker has partnered with Best Companies Group to identify banks that excel at creating positive and supportive workplaces for employees. This marks the fifth year in a row this prestigious honor was awarded to the Bank. “Our team members are our most valuable asset,” Bank Independent CEO Rick Wardlaw says. […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Bank-Independent-named-one-of-the-Best-Banks-to-Work-For-in-2023.jpg 626 1660 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2023-11-21 06:00:262023-11-21 11:44:02Bank Independent named one of the Best Banks to Work For in 2023

Huntsville International Airport releases updates and tips for Holiday travel

November 20, 2023/in Featured, Lead, News, Resource, Transportation, Travel/Leisure/by staff reports

HUNTSVILLE, AL – Holiday travel season traffic is building, and the Transportation Safety Administration predicts 30 million passengers will fly to Thanksgiving celebrations in 2023. TSA counts the Thanksgiving travel period from Friday, Nov. 17 through Tuesday, Nov. 28, and the busiest travel day is expected to be Sunday, Nov. 26 with 2.9 million passengers […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Huntsville-International-Airport-releases-updates-and-tips-for-Holiday-travel.jpg 626 1660 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2023-11-20 06:30:272023-11-19 17:36:23Huntsville International Airport releases updates and tips for Holiday travel

Strong announces $5M FAA investment in North Alabama airports

November 20, 2023/in Community Development, Featured, Lead, News, People, Transportation, Travel/Leisure/by Gus Wintzell

Congressman Dale W. Strong (AL-05) announced that the the Federal Aviation Administration (FAA) has awarded more than $5 million in grant funding to five airports in North Alabama. The Fiscal Year (FY) 2024 grants were administered through the Airport Infrastructure Grant (AIG) program and funded by the Infrastructure Investment and Jobs Act (IIJA).  “The FAA’s […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/11/Strong-announces-5M-FAA-investment-in-North-Alabama-airports.jpg 626 1660 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2023-11-20 06:15:292023-11-19 17:35:49Strong announces $5M FAA investment in North Alabama airports
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Huntsville Business Journal
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todd@huntsvillebusinessjournal.com

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