MDA awards contract extension totalling $214 million to local business

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deciBel Research Inc., a defense contractor based in Huntsville, Alabama, has been awarded a $40,588,656 extension to its existing indefinite-delivery/indefinite-quantity, cost-plus-award-fee contract with the Missile Defense Agency (MDA).  This extension increases the total value of the contract from $172,576,570 to $213,165,226. The contract, originally competitively awarded, is vital for the continued development and sustainment of […]

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Millwood celebrates first anniversary of Huntsville facility, eyes further growth and community engagement

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This week, Millwood, Inc. marked a significant milestone as the company commemorated one year since the inauguration of its pallet repair and manufacturing facility here in Huntsville.  Over the past year, the company has achieved substantial growth both internally and within the local community. With a team of 17 members and ambitious plans for further […]

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Governor Ivey helps Lockheed Martin welcome new $18 Million Huntsville Facility

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Lockheed Martin unveiled its newest Huntsville facility on the afternoon of May 30. The 122,000-square foot building — located at 1200 Redstone Gateway — will be home to an engineering facility, labs, and a demonstration center. The company invested $18 million in renovations to an existing space to ensure that the facility will be a […]

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Coca-Cola Bottling Company United to invest $330M in new Alabama facility

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Coca-Cola Bottling Company United, Inc. (UNITED) has announced a significant investment of $330 million in a new state-of-the-art facility in Birmingham’s Kingston community. This development is expected to create up to 50 new jobs and retain over 750 positions in the city. The new facility will be constructed on the former Stockham Valves and Fittings […]

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RTX breaks ground on $115 million expansion of Alabama missile integration facility

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Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 million, 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility, which will increase the factory’s space for integrating and delivering on critical defense programs by more than 50 percent. The expansion will also bring an estimated 185 new jobs to the area, […]

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

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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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Buffalo Rock eyes new facilities and investments after winning 2024 Bottler of the Year Award

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Buffalo Rock Company, the nation’s largest single-family, privately-owned Pepsi® and Keurig Dr Pepper® bottler, has been recognized as Beverage Industry’s 2024 Bottler of the Year. This award highlights Buffalo Rock’s dedication to maintaining high standards in beverage production and distribution. Serving regions across Alabama, western Georgia, and the Florida panhandle, the company is synonymous with […]

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GE Aerospace launches as independent public company following spin-off

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

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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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GE Aerospace to invest more than $16 million to boost local manufacturing and workforce size

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GE Aerospace has unveiled plans for a massive investment of $650 million into its manufacturing facilities and supply chain this year, which includes a $16.8 million investment at its Huntsville site. The initiative aims to ramp up production capabilities and enhance quality standards, thereby fortifying its support for both commercial and defense customers. In Huntsville, […]

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