A recent update by cybersecurity firm CrowdStrike caused a significant IT outage on Friday morning, affecting businesses both locally and globally. CrowdStrike’s cybersecurity software, utilized by numerous Fortune 500 companies, including prominent global banks, healthcare, and energy firms, is designed to detect and block hacking threats. Similar to other cybersecurity products, this software needs extensive […]
NASA has awarded Lockheed Martin the contract to develop and build the Geostationary Extended Observations (GeoXO) satellite constellation for the National Oceanic and Atmospheric Administration (NOAA). This project, encompassing an initial three spacecraft with options for four additional ones, carries a total potential value of $2.27 billion. The GeoXO mission is poised to enhance and […]
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 […]
Returning to the moon isn’t enough for ARTEMIS Program, it’s about establishing permanent residence In humanity’s quest to explore beyond the boundaries of space, every step, every vehicle, and every partnership counts. NASA’s Artemis program stands to return humans to the Moon’s surface, not just for brief visits but for extended stays and sustainable exploration. […]
The U.S. Army has awarded Lockheed Martin a $756 million contract to enhance the nation’s ground-based hypersonic weapon system, the Long Range Hypersonic Weapon (LRHW). This contract will provide the Army with additional LRHW battery equipment, systems and software engineering support, and comprehensive logistics solutions. The LRHW represents a new class of ultrafast and maneuverable […]
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 […]
The University of Alabama in Huntsville (UAH) College of Business will host the inaugural Business of Space Conference to focus on economics, commerce and sustainability of new space. Registration is now open for the gathering that will unite space industry professionals from across the nation on April 21-23 on the campus of UAH, a part of the […]
Reports from the Wall Street Journal this week suggest that entities such as Blue Origin, led by Jeff Bezos, and private equity firm Cerberus are closing in on a potential deal to acquire United Launch Alliance (ULA), located in Decatur, Alabama. This information unveils a potential shake-up in the aerospace industry for North Alabama. Lockheed […]
HUNTSVILLE, AL – Lockheed Martin (NYSE: LMT) opened a $16.5M engineering facility at its Huntsville campus, introducing more capabilities for missile defense innovation in North Alabama. This facility is a Lockheed Martin capital project and provides evidence of Lockheed Martin’s investment in the Huntsville community, increasing opportunities for growth and advanced capability in North Alabama at the company’s Huntsville campus. The new Missile System Integration […]
Lockheed Martin’s Next Generation Interceptor (NGI) program executed its digital All Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA). The company remains on-plan to deliver NGI on an accelerated schedule for the warfighter. NGI is part of the MDA’s Ground-based Midcourse Defense (GMD) system and will provide a new, […]
Advertise
Submit Your News
Distribution
EVENT Publishing
Huntsville Business Journal
600 Boulevard South #104
Huntsville, AL 35802
(256) 533-8078
Publisher:
todd@huntsvillebusinessjournal.com
Send Us Your News:
editor@huntsvillebusinessjournal.com
