Applied Aerospace & Defense raises $650 million in US IPO
The company is now listed on the New York Stock Exchange under the ticker AADX.
L3Harris Technologies expands its manufacturing space
The $25 million investment will add 130,000 square feet of manufacturing space to the company's Huntsville footprint.
Lockheed Martin breaks ground on new facility in Troy
The new Munitions Production Center will add THAAD production space.
Huntsville-based SkyfireAI raises $11 million in seed financing
SkyfireAI will use the funding to develop an AI-native platform for multi-ship drone operations.
Boeing to expand PAC-3 seeker production
The company agreed to a seven-year framework with the U.S. Department of War.
Hadrian opens new Navy submarine facility in the Shoals
The 2.2 million-square-foot site will produce components for two classes of submarines.
Raytheon completes $115 million expansion in Alabama
The Missile Integration Facility has increased its delivery capacity by more than 50%.
U.S. Coast Guard buying Birmingham-Southern College campus
Two years after Birmingham-Southern College shut its doors, the U.S. Coast Guard is purchasing the 192-acre campus on Birmingham’s west side.
When the sale closes,...
AIDB lands $15 million Air Force contract
Talladega’s Alabama Institute for Deaf and Blind has been awarded a contract worth up to $15 billion by the U.S. Air Force.
BAE Systems receives U.S. Army contracts of $137 million
The contracts are for the AN/AAR-57 Common Missile Warning Systems.