
Defense sector
- $23.5 billion estimated annual economic impact
- $14 billion in defense spending each year
Redstone Arsenal in Huntsville
- Houses the U.S. Army’s Space and Missile Defense Command (SMDC) and the Missile Defense Agency (MDA)
Raytheon launched a $115 million expansion in 2024 of its Redstone Raytheon Missile Integration Facility
- 26,000ft2 expansion
- 185 new jobs
- Grows employee footprint of Raytheon and parent company RTX to more than 2,200 people
- Handles integration of nine variants of the Standard Missile family, including Standard Missile-3 and Standard Missile-6
- Will accommodate the Glide Phase Interceptor (GPI)
- Only location in the world where all four RTX businesses – Raytheon Missiles and Defense, Raytheon Intelligence & Space, Collins Aerospace, Pratt & Whitney – and corporate functions all have a physical footprint
Lockheed Martin
- New 65,000ft2 missile assembly structure in Courtland
- Delivering on Conventional Prompt Strike (CPS), Long Range Hypersonic Weapon (LRHW), the Air-Launched Rapid Response Weapon (ARRW) programs
- Currently employs approximately 2,600 people in Alabama
Austal USA Mobile shipyard expansion in 2024
- Building the Littoral Combat Ship
- 369,600 ft2 facility
- Focus on building submarine modules to support the U.S. Navy’s goal of delivering one Columbia-class and two Virginia-class nuclear subs annually
- Expected to create 2,000 jobs
- Combined investments totaling $750 million
IntraMicron Inc. partnership with Auburn University
- Awarded a $7.6 million contract in September 2024 by the Department of Defense
- “For the procurement of high-power battery modules in support of the Office of Naval Research”
*Statistics courtesy of Alabama Department of Commerce (https://www.madeinalabama.com)
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