Lockheed Martin Awarded $3.7B to Modernize Key Missile Defense Mission

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The Missile Defense Agency selected Lockheed Martin and partner Aerojet Rocketdyne to deliver the nation’s most advanced missile defense system, the Next Generation Interceptor. The $3.7 billion contract for Next Generation Interceptor is the first step in the development and demonstration phase delivering on MDA’s requirements to modernize the current Ground-based Midcourse Defense system. The contract will develop […]

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Rocket City Trash Pandas a Stronger Organization after Debut Delay

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MADISON — In just six weeks and after a delay of more than a year, the Rocket City Trash Pandas will finally play in Toyota Field. A year after COVID-19 led to the cancellation of Minor League Baseball, and wiping out the team’s highly anticipated inaugural season, the organization is gearing up for a restart. […]

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Mayor to Let Mask Mandate Lapse; Says Businesses Can Require Masks

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Following the lead of Gov. Kay Ivey, Huntsville Mayor Tommy Battle said he will allow the city’s mask mandate to lapse. Ivey announced this month she was not going the extend the statewide mandate, letting it expire April 9. Since last July, Huntsville, Madison and Madison County required masks to be worn in public. Last […]

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Toyota Field to be Cashless Venue; Enacting Clear Bag Policy

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MADISON – Toyota Field will operate as a cashless stadium, the Rocket City Trash Pandas announced Friday. Toyota Field will also implement a clear-bag policy as the team opens its inaugural season in May. As one of the first fully cashless ballparks in Minor League Baseball, Toyota Field will allow fans to have quicker, safer, and […]

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Town Madison Welcomes Luxury Mixed-Use Apartment Community

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MADISON — As if the atmosphere at Town Madison wasn’t exciting enough, Atlanta-based Novare Group plans for a 290-unit luxury mixed-use apartment community on the development’s west side. Designed by Niles Bolton Associates, the mid-rise residential project will feature studios, one-, and two-bedroom residences, and eight live-and-work units housed in three- and four-story residential buildings […]

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Huntsville Inventory of Homes Shrinks; Average Price Soars

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The law of supply and demand is being upheld by the local real estate market. In the February residential report from the Alabama Center for Real Estate, there is less than a one-month inventory of homes with a record low of less than 550 homes for sale last month. Meanwhile, prices continue to climb with […]

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SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans

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The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program, the agency announced. Starting the week of April 6, the SBA is raising the loan limit for the COVID-19 EIDL program from six months of economic injury with a maximum […]

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$82M Metronome at MidCity Marks Development’s First Residential Component

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Passing rain and a chill breeze could not dampen the spirits of local elected officials and the many principals involved in the groundbreaking for the $82 million luxury Metronome at MidCity District.  Located in the heart of Huntsville’s MidCity District, the five-story, 296-unit multi-family complex is at the intersection of MidCity Drive and Stax Street. […]

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Abaco Systems Sold for $1.35 billion

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Ametek has agreed to purchase Huntsville-based Abaco Systems for $1.35 billion, the Pennsylvania-based company said in a news release.   A maker of electronics equipment, Ametek will acquire Abaco Systems in an all-cash transaction; it is expected to close in mid-2021. Abaco Systems specializes in open-architecture computing and electronic systems for aerospace, defense, and specialized […]

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