Lockheed Martin

The University of Alabama will soon be building a new high-tech cybersecurity lab in order to conduct research on business data intelligence, thanks to a $5 million donation.

wikipedia

When Donald Trump won the presidency many were curious to see who would be the big winners and the big losers. It looks like Alabama’s defense industry may do very well when the upcoming budget is hashed out.               

Governor Robert Bentley will ask lawmakers to approve a $700 million tax and revenue package in the upcoming legislative session.

Bentley said Thursday he wasn't going to sugarcoat the state's budget situation. He said Alabama needs additional revenue to maintain services. Bentley also joked that it must be true if a Deep South Republican says raising taxes is the only option.

Bentley is expected to discuss the specifics of those new tax proposals in his State of the State address on the opening day of the legislative session, March 3.

www.deviantart.com

          A company financially backed by the Retirement Systems of Alabama is on the hook for nearly all of a 14 million dollar lawsuit. Five Indian guest workers have been awarded the money for damages by a federal grand jury.  The workers were defrauded and exploited in a labor trafficking scheme by a gulf coast marine services company, an immigration lawyer and an Indian Labor Recruiter.          

The company Signal International, which the RSA has an almost $200 million dollar investment in is responsible for $12.2 million of the settlement.

Univ. of Alabama, Lockheed to Partner on New Lab

Sep 9, 2014
Culverhouse School of Business--UA

Lockheed Martin will work with the University of Alabama to develop an analytics research lab on the UA campus in Tuscaloosa. The Culverhouse College of Commerce will host the first facility of this kind in the U.S. dedicated exclusively to the field of data science. The lab will work to discover meaningful patterns within data. The lab will also provide collaboration and research across government, industry, and academia to help companies anticipate and solve problems. The laboratory is currently being designed and will be located in Bidgood Hall.