Tag Archive for: Torch Technologies

Griffon Aerospace lands $132.9M contract; Torch Technologies awarded $11.9M contract

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Griffon Aerospace of Madison and Huntsville’s Torch Technologies were awarded multimillion-dollar defense contracts recently, according to the Department of Defense. Griffon received a $132,978,776 firm-fixed-price, indefinite-delivery/indefinite-quantity contract to procure Griffon Outlaw systems, support equipment and field service representatives for system use and employment.  The work locations and funding will be determined with each order, with […]

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Defense contract roundup: Intuitive, Suntest, Torch on $920 million contract

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Intuitive, Suntest Systems and Torch Technologies are part of a $920 million Air Force contract, the Department of Defense announced. The indefinite-delivery/indefinite-quantity, multiple award contract is for support equipment and vehicles. The contract provides next-generation aerospace and ground equipment to modernize and expand existing capabilities. The work is expected to be completed by 2036.   Other […]

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Torch Technologies wins ‘milestone’ $992.3 million Air Force contract

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In what is called a significant milestone, Torch Technologies was awarded a contract valued at more than $992 million from the Air Force.  Torch, a Huntsville-based employee-owned company, participated in this week’s Space and Missile Defense Symposium. The $992,350,357 cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract is for technical and management advisory services. This contract provides support for aerospace […]

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Defense contract roundup: Yorktown Systems wins $51.5 million Air Force training contract

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Yorktown Systems Group’s $51.5 million contract award leads this week’s list of Huntsville defense contract announcements. The local company’s $51,565,132 firm-fixed-price five-year contract provides warfighter training support services for the Air Force Academy.  The work will be performed at the academy and is expected to be complete by Aug. 2, 2031.  Other Huntsville contract announcements: […]

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Defense contract roundup: Lockheed Martin awarded $35.3 billion contract for THAAD missiles

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Lockheed Martin received a contract valued at more than $35 billion to produce THAAD missiles, the Department of Defense announced.  “This award reflects our shared vision with the Department of War to strengthen America’s Arsenal of Freedom through a transformational shift to multiyear procurement,” said Tim Cahill, president, Lockheed Martin Missiles and Fire Control. “This […]

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Torch Technologies, ORNL Formalize Partnership Through National Security MOU

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Torch Technologies and the Department of Energy’s Oak Ridge National Laboratory (ORNL) have executed a Memorandum of Understanding (MOU) to establish a framework for collaboration on research, analysis, and technology development related to national security and workforce development. Under the agreement, the organizations will explore joint efforts that align ORNL’s scientific and research capabilities with […]

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Defense Technology Company Camigan Opens Huntsville Office at Redstone Gateway

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Camigan, an innovative defense technology company, has officially opened its newest office at Redstone Gateway in Huntsville. Camigan CEO and founder Dr. Gary Butler shared the company’s vision for the future and its commitment to supporting national defense efforts in Huntsville. “We focus on the field of kill chain automation software that helps our air […]

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Holidays in Huntsville: How Shopping Local and Giving Back Strengthens the Economy

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As the holiday season approaches, Huntsville residents have a powerful way to make an impact: support local businesses while giving back to the community. From small shops to major employers, the city’s business ecosystem relies on residents’ holiday spending and generosity to fuel economic growth and strengthen local services. Citizens Supporting Small Businesses Shopping locally […]

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First Horizon Taps Four Local Experts for New Huntsville Advisory Board

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First Horizon Bank has established the Huntsville Advisory Board, a new group aimed at guiding strategic planning, fostering business development, and strengthening community ties across Huntsville and the broader North Alabama region. The board brings together a roster of prominent local leaders who will advise the bank on opportunities to advance the city’s business climate […]

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Torch Co-founder Bill Roark Speaks at U.S Senate Committee Hearing: Shares Support for Employee Stock Ownership Legislation

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On Thursday, July 24, Bill Roark, a Huntsville resident and co-founder of Torch Technologies, appeared before the Senate Health, Education, Labor, and Pensions (HELP) Committee in Washington, D.C. Roark spoke to the committee to share his support for the Promotion and Expansion of Private Employee Ownership Act.  The hearing coincided with the introduction of the bipartisan […]

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