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Top News Links: Wednesday, Dec. 20

Huntsville moves toward being Alabama’s spaceport

Getting a space shuttle to land in Huntsville could get closer to becoming a reality. The Alabama Space Authority held its first meeting Tuesday. The committee was created earlier this year to work towards obtaining a federally licensed spaceport. State Senator Gerald Dial was selected as the new chairman. “The technology is being developed here in Huntsville and we’ll have to launch that from somewhere. Why shouldn’t it be from Alabama?” Dial said. – WAAY

Here’s home ownership ramifications of new tax plan

Would a new tax plan save you money or cost you money? The answer depends on a complex array of factors that touch on just about every aspect of your financial life. This article is about a subset of your finances: Homeownership and mortgages. The House and Senate have agreed on a compromise tax plan that would change, among other things, whether and how homeowners deduct mortgage interest and property taxes. If Republicans get their way, the bill will be passed and sent to the president before Christmas. – APR

Yulista of Huntsville wins $264M NASA contract

NASA has awarded an Aircraft Maintenance, Logistics, Integration, Configuration Management and Engineering contract to Yulista Tactical Services in Huntsville. The contract base period of 18 months begins March 1 and is followed by a one-year option and a 15-month option. The total maximum value of the contract is approximately $264 million. – PRNewsWire

Innovation Depot’s Velocity Accelerator picks teams

Innovation Depot's Velocity Accelerator program has picked eight teams for its 2018 cohort. Organizers said four teams were picked from the Birmingham area, along with San Jose, Chicago, Atlanta and Nashville, from about 100 applicants. Devon Laney, President & CEO, Innovation Depot, Inc., said the first Velocity cohort was a "tremendous success.” – AL.com

DoD contractors staring at cybersecurity deadline

The need for governmental and commercial businesses to safeguard against cyberattacks seems ominous as reports churn out daily about breaches in company databases or hacking threats from terrorist groups. The Department of Defense had already issued an amendment to its cybersecurity compliance in October 2016, giving a deadline of Dec. 31 to get onboard with the agency's new safeguarding protocols for securing information systems for contractors. – AL.com

Birmingham-based Gkhouses acquires Arkansas rental division

Property management company Gkhouses of Birmingham announced Tuesday that it has acquired the rental division of Fletcher Property Management Inc. of Little Rock, Arkansas in an asset purchase. Gkhouses now manages more than 1,700 homes in the Little Rock; Chattanooga and Nashville, Tennessee; Georgia; and Birmingham. – Arkansas Business

Tuscaloosa home sales up 5.6 percent year to date

Tuscaloosa-area residential sales totaled 192 units during November, up 6.1 percent from 181 homes sold during November 2016, according to the Tuscaloosa MLS. Year to date, sales are up 5.6 percent from the same period in 2016. – ANC

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