Top Headlines: Students not showing up could lead to layoffs, Lockheed Martin acquires hypersonic portfolio

Students not showing up could lead to layoffs
More than 5,000 public school students have not shown up for classes this school year, and that could lead to layoffs, Alabama Superintendent Eric Mackey said. Funding is determined by number of active students, he said, and he’s looking to see if that model can be altered in the wake of COVID-19.  – The Hill

Decatur company plans $3.55 million expansion
M&J Precision, based in Decatur, plans a $3.55 million expansion that will lead to 25 new jobs. The expansion will include a precision machinery operation to make parts primarily for the defense, energy and aerospace industries. – Decatur Daily

Lockheed Martin acquires hypersonics portfolio
Lockheed Martin has completed its acquisition of the hypersonics portfolio of Huntsville-based Integration Innovation Inc. (i3), a software and systems engineering company. Lockheed said the acquisition would expand its capabilities to develop and produce hypersonic weapon systems. Terms of the deal were not disclosed. – Lockheed Martin

Birmingham suburb richest town in Alabama
Highland Lakes, a Birmingham suburb in Shelby County, is the richest town in Alabama, according to a survey that ranks the richest towns in each state. Using data from December 2019, the towns are ranked by median household income, which was $151,055 in Highland Lakes. – Newsweek

Comcast awards makeover grant to South Alabama small business
Jus Relax Business Lounge, a business center in Dothan offering co-working suites, shipping, printing, faxing and other business products, will receive a year of computer equipment, internet, voice and cybersecurity services as part of Comcast’s RISE (Representation, Investment, Strength, Empowerment) program. The program was established to help small businesses recover during the pandemic. – Open PR

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