ULA eyes more Vulcan launches after expansion of Alabama rocket factory
DECATUR, Alabama — United Launch Alliance (ULA) is preparing for a busy schedule of rocket launches after completing of a $300 million-plus expansion project that made its Alabama rocket factory the largest facility of its kind in the world. The growth in Decatur will allow ULA to nearly double it launch rate. “We are grateful…
Investment firm launching aerospace hub in Northwest Alabama
CHEROKEE, Alabama — A new hub of aerospace manufacturing is on the horizon in rural Alabama. AE Industrial Partners is moving forward with its plans to transform a vast industrial facility in Colbert County into a high-tech center of innovation for aerospace and defense companies. The Boca Raton, Florida-based private equity firm, which specializes in…
Airbus marks milestones in project to build new A320 assembly line in Mobile
MOBILE, Alabama — An expansion project that will double the production space at Airbus’ U.S. Manufacturing Facility in Mobile is passing key milestones as it moves forward on schedule for completion next year. Airbus recently held a “topping out” ceremony for a new A320 Final Assembly Line (FAL) that’s under construction as the centerpiece of…
New aerospace investment fuels job growth across Alabama
Alabama’s aerospace industry is attracting new investment and expanding capabilities as companies add hundreds of jobs to produce innovative high-tech products in communities across the state. “Because of Alabama’s long history in aerospace, we readily have the expertise, the talent and the infrastructure companies need to grow,” said Angela Till, Deputy Secretary of the Alabama…
Alabama’s aerospace industry thriving as new growth projects take off
Alabama’s robust aerospace industry is soaring to new heights, propelled by groundbreaking projects and innovative investments that continue to add new dimensions to the sector across the state. From the production of next-generation rockets and missiles to the exploration of hypersonic technologies, there’s a lot of head-turning developments going on in the state’s aerospace sector.…
Alabama team targets aerospace growth opportunities at Farnborough Airshow
An Alabama delegation that includes high-ranking state leaders, economic development specialists and community representatives is traveling to London to attend next week’s 2024 Farnborough International Airshow, the aerospace industry’s largest trade event of the year. Deputy Commerce Secretary Angela Till is heading a small working team from the Alabama Department of Commerce that will engage…
Lockheed Martin opens $18 million Alabama engineering center
HUNTSVILLE, Alabama — Defense contractor Lockheed Martin on Thursday marked the opening of the company’s new $18 million engineering facility, labs and demonstration center in Huntsville, reinforcing its already large presence in Alabama. Bethesda, Maryland-based Lockheed Martin said the 122,000-square-foot facility provides space for 500 employees who will advance national security capabilities and drive innovation…
Raytheon kicks off $115 million expansion at Alabama missile factory
HUNTSVILLE, Alabama — Raytheon on Tuesday officially launched a $115 million 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%. The 26,000 square-foot expansion project will also bring an estimated 185 new jobs to Huntsville site, growing the employee…
Alabama trade mission targets connections at FIDAE air show in Chile
SANTIAGO, Chile — An Alabama delegation including five companies is in Chile’s capital city for this week’s International Air and Space Fair, or FIDAE, seeking to develop business connections at South America’s foremost aerospace exposition. The Alabama Department of Commerce is heading the trade mission delegation to Santiago and hosting a “Made in Alabama” exhibition…
Firm acquires North Alabama industrial facility, eyes aerospace hub
MUSCLE SHOALS, Alabama — AE Industrial Partners (AEI), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired a sprawling industrial facility in Colbert County with plans to redevelop it as an “aerospace center of excellence.” Boca, Raton, Florida-based AEI acquired the facility…
