Business
Lockheed Martin Conducts First Underwater Unmanned Aircraft Launch from Unmanned Underwater Vehicle
Published
10 years agoon
NEWPORT, R.I., (FNN NEWS) By Lockheed Martin — In a testament to the versatility and adaptability that its unmanned systems bring to complex missions, Lockheed Martin (NYSE: LMT) successfully launched Vector Hawk, a small, unmanned aerial vehicle (UAV), on command from the Marlin MK2 autonomous underwater vehicle (AUV) during a cross-domain command and control event hosted by the U.S. Navy. In addition to Marlin and Vector Hawk, the Submaran, an unmanned surface vehicle (USV) developed by Ocean Aero, provided surface reconnaissance and surveillance.
“This effort marks a milestone in showing that an unmanned aircraft, surface vessel and undersea vehicle can communicate and complete a mission cooperatively and completely autonomously,” said Kevin Schlosser, chief architect, unmanned systems technology, Lockheed Martin.
During the Annual Navy Technology Exercise (ANTX) activities in August, the Submaran relayed instructions to Marlin from a ground control station via underwater acoustic communications. Following these instructions, the Marlin launched the Vector Hawk using a specially-designed canister from the surface of the Narragansett Bay. Following launch, Vector Hawk successfully assumed a mission flight track. All three autonomous vehicles—Marlin, Submaran and Vector Hawk—communicated operational status to the ground control station to maintain situational awareness and provide a means to command and control all assets.
“Lockheed Martin has heard loud and clear the U.S. Navy’s call to get faster, be more agile, and to be continually creative,” saidFrank Drennan, director, mission and unmanned systems business development. “We have clearly illustrated that we have the necessary agility and quickness combined with innovative technology to increase the range, reach, and effectiveness of undersea forces.”
Lockheed Martin’s Vector Hawk is designed for canister or hand-launch in all-weather, maritime environments to provide customers with an organic, tailored intelligence, surveillance, and reconnaissance (ISR) capability at the moment they need it.
“This signifies the versatility of Lockheed Martin’s unmanned systems to communicate seamlessly across domains to conduct a diverse set of missions in all environments. The capability is quickly reconfigured in the field,” said Schlosser. “In a short time, we enabled these systems to work together by rapidly changing sensor packages.”
In addition to its configuration versatility, Vector Hawk is capable of fully autonomous flight and landing, which enables operators’ to shift their focus from flying the aircraft to managing the mission.
The four-pound Vector Hawk can fly for 70-plus minutes, at line-of-sight ranges up to 15 kilometers. Operators can recover and re-launch the Vector Hawk in a matter of minutes (including changing the system’s battery). Vector Hawk is built on an open architecture to enable rapid technology insertion and payload integration.
Marlin MK2 is a battery powered, fully autonomous underwater vehicle that is 10 feet long with a 250 pound payload capacity, 18-24 hour endurance, depth rating of 1000 feet and weighs approximately 2,000 pounds. Its open architecture design and modularity allow new mission packages to be quickly integrated into Marlin to meet emerging customer needs.
Also during the three-day event, Marlin surveyed a sunken barge with its 3D imaging sonar. Teams on the ground used that data to create a 3-D printed model of the barge. Marlin can quickly generate accurate, hi-resolution, 3-D, geo-referenced models, giving users a clear view of subsea structures.
Lockheed Martin has five decades of experience in unmanned and robotic systems for air, land and sea. From the depths of the ocean to the rarified air of the stratosphere, Lockheed Martin’s unmanned systems help our military, civil and commercial customers accomplish their most difficult challenges.
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Business
Orlando Regional REALTOR Association Event Highlights Orange County Growth, Housing Trends and Economic Outlook
Published
1 week agoon
April 19, 2026By
Willie DavidORLANDO, Fla. (FNN) — The Orlando Regional REALTOR Association (ORRA) hosted its second annual State of Real Estate event for Orange County on April 17, bringing together industry professionals, policymakers and community leaders to examine the region’s housing market and economic outlook.
Held at ORRA’s headquarters in Orlando, the event focused on the evolving dynamics of residential and commercial real estate across Central Florida. Discussions centered on housing affordability, economic growth and long-term regional development.
Speakers and Panelists
- Lawrence Yun — Chief Economist, National Association of REALTORS
- Maria Henson — Senior Director of Market Research & Insights, Visit Orlando
- Racquel Asa — Head of External Affairs, Central Florida Expressway Authority
- Amy Mercado — Property Appraiser, Orange County
- Chris Atwell — Moderator, 2026 ORRA President
Industry experts said Central Florida’s economy continues to grow, though at a more measured pace. While housing and stock market wealth remain near record highs, job growth is softening, consumer sentiment has declined and loan defaults are rising — creating a market shaped by mixed signals.
Panelists noted the housing market has shifted into a more stable phase compared to the rapid growth seen during 2020 and 2021, with more balance and sustainable conditions.
Despite short-term fluctuations, long-term fundamentals remain strong. Orange County’s tax base has grown significantly since 2023, while the broader Central Florida region has experienced a 23% population increase over the past decade, with more than 1,200 people moving to the area each week.
Infrastructure and tourism were also highlighted as key drivers of future growth. Officials pointed to major roadway investments by the Central Florida Expressway Authority and the region’s continued strength as a tourism hub, drawing more than 75 million visitors in 2024.
“We’re operating in a global economy where interest rates, supply chains and migration policies all influence what happens at the local level,” said ORRA CEO Cliff Long.
Economic Trends Show Mixed Signals
Experts emphasized that strong asset values are being offset by softer job growth and declining consumer confidence.
Housing Market Enters Stable Phase
The market has transitioned from pandemic-driven volatility to a more balanced and sustainable pace.
Growth, Infrastructure and Tourism Drive Future
Population growth, infrastructure investment and tourism continue to support long-term expansion in Central Florida.
ORRA’s Impact and Benefits on the Real Estate Industry
The Orlando Regional REALTOR Association provides critical market insights, advocacy and professional resources for REALTORS® across Central Florida. Its events foster collaboration between industry leaders, policymakers and the community, helping guide responsible growth, inform housing policy and strengthen the regional real estate market.
Business
Walmart’s Road to Open Call Returns to Orlando, Offering Small Businesses Access to National Retail Opportunities
Published
2 weeks agoon
April 15, 2026By
Willie David
ORLANDO, Fla. (FNN) — Walmart, in partnership with the Hispanic Chamber of Metro Orlando, will host the 2026 Walmart Road to Open Call pitch event on May 21 in Orlando, offering small businesses the opportunity to present their products directly to Walmart buyers.
The Orlando event is the only Florida stop in 2026 and is part of a nationwide initiative designed to support small business growth, expand supplier diversity and strengthen U.S. manufacturing.
OPPORTUNITY FOR SMALL BUSINESSES
The Road to Open Call serves as a pathway for entrepreneurs to connect with Walmart’s sourcing team, refine their pitches and prepare for the company’s annual Open Call event in Bentonville, Arkansas.
Applications are open through May 1 at 10 p.m. EST. A select group of applicants will be chosen to participate in the Orlando event, where each business will receive a 30-minute, one-on-one pitch meeting with a Walmart buyer, along with feedback and mentorship.
Top participants may earn a fast pass to Walmart’s annual Open Call, where they can pitch for potential placement in Walmart stores or online.
FOCUS ON U.S.-MADE PRODUCTS
Walmart’s Open Call is the company’s largest sourcing event for products made, grown or assembled in the United States. The program is open to businesses across industries, including food and beverage, beauty, safety and consumer goods.
“The Road to Open Call provides a powerful platform for small businesses to grow and scale,” said Mark Espinoza, senior director of public affairs at Walmart. “By connecting entrepreneurs directly with our sourcing teams, we’re helping bring innovative, U.S.-made products to customers while supporting American jobs and local economies.”
LOCAL IMPACT AND ECONOMIC GROWTH
Local leaders say the initiative strengthens both entrepreneurship and the regional economy.
“We are proud to join forces with Walmart for the second consecutive year to bring this opportunity to the business community,” said Pedro Turushina, president and CEO of the Hispanic Chamber of Metro Orlando. “This initiative supports entrepreneurs and helps small businesses access national retail opportunities.”
Since launching in 2014, Walmart’s Open Call has helped thousands of small and midsize businesses become suppliers, while more than 85% of Walmart shoppers report valuing U.S.-made products.
Business
AdventHealth Opens 2026 Community Impact Grants to Address Central Florida Health Needs
Published
2 weeks agoon
April 15, 2026By
Willie DavidORLANDO, Fla. (FNN) — AdventHealth is now accepting applications for its 2026 Community Impact Grants, aimed at supporting nonprofit organizations working to address critical health needs across Central Florida.
The grant program partners with community-based organizations to expand initiatives that improve quality of life and promote long-term sustainability. Eligible nonprofits serving residents in Orange, Osceola, Seminole and South Lake counties are encouraged to apply.
Applications are open from March 30 through April 16, with funding expected to begin Jan. 1, 2027.
FOCUS ON COMMUNITY HEALTH NEEDS
The grants are guided by Central Florida’s Community Health Needs Assessment, which identifies key challenges impacting residents’ well-being.
“Our annual Community Impact Grants are guided by Central Florida’s Community Health Needs Assessment to ensure we are investing meaningfully where our neighbors need us most,” said Tricia Edris, senior vice president of innovation and partnerships for AdventHealth Central Florida. “We are honored to align our resources and stand as partners to create measurable, lasting impact across the region.”
PRIORITY AREAS FOR FUNDING
The 2026 grant cycle will focus on three key areas:
- Housing instability
- Transportation
- Food insecurity
These priorities reflect social determinants of health that can significantly influence a person’s ability to live a healthy and stable life. Community organizations often serve as the first line of support for residents facing these challenges.
COMMUNITY IMPACT AND PARTNERSHIPS
Past grant recipients say the program has helped expand opportunities for residents. Crystal Davidson highlighted the impact of the initiative on workforce development.
“Schools and colleges often don’t have the funding to provide introductory workforce programs that expose students to new career opportunities,” Davidson said. “Through partnership grants like the one AdventHealth is providing, we’re able to give young people hands-on experiences that help them discover their potential and build a path toward a meaningful career.”
AdventHealth will also host an informational webinar to guide organizations through eligibility requirements, funding priorities and the application process. Interested applicants can learn more and apply through the AdventHealth website.