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Merlin Teams Up to Expand Its UAV Services

DEFENSE: 3 Cos. Coming Together Will Handle Variety of Roles“Bob, 51 & Brian, 49, will start a company to support Big Safari and make things happen, with planning starting in 2007 and operations in 2008.”

LRAD Grows Revenue, Shrinks Loss

LRAD Corp. reported a net loss of $80,000 on revenue of $7.5 million in its third quarter, which ended June 30.

Flooding Incident Prompts Up to 1,493 NASSCO Layoffs

General Dynamics NASSCO said it plans to lay off part of its workforce because of a flooding incident in a dry dock in mid-July.

GA Hones Carrier System’s Capabilities

One day shy of the first anniversary of a fighter jet launching off the USS Gerald R. Ford, the Naval Air Systems Command released a statement saying its General Atomics aircraft-handling machinery is progressing through a comprehensive test program.

Viasat Grows Revenue, Says More Expansion to Come

Viasat Inc. recorded a higher net loss — and higher revenues — in its latest quarter.

Cubic’s Quarterly Sales Reach $296.2M

Cubic Corp. reported net income of $6.3 million on net sales of $296.2 million for its third quarter, which ended June 30.

From Personnel To Systems, Spending Is Likely To Deliver For San Diego

A just-passed, 1,322-page spending bill will let the U.S. Navy buy its fourth next-generation aircraft carrier, more Triton unmanned aircraft, a ship that doubles as an offshore military base and much more.

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Asset Acquisition Gives Cubic Greater UAV Presence

Cubic Corp. has acquired the assets of a small business that builds unmanned aircraft.

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S.D. Hangs on to 2 Carriers as Navy Makes Shifts

Two aircraft carriers will continue to call San Diego home following changes announced by the U.S. Navy on Aug. 2.

Kratos Reports Revenue of $151M; Drone Business Grows

Kratos Defense & Security Solutions Inc. reported a net loss of $7.7 million on revenue of $151.2 million during the company’s second quarter, which ended on July 1.

Shipbuilder Austal Gets $14.8M Award

The U.S. Navy awarded Austal USA LLC a $14.8 million award to support the post-shakedown availability of the USS Tulsa, a littoral combat ship.

Shipyard Prepares for Layoffs

Huntington Ingalls Industries, which runs a U.S. Navy ship repair business in Barrio Logan, anticipates laying off 60 workers on Aug. 3, a spokeswoman said.

Shipbuilder Austal USA Is Beefing Up Its Local Presence

Shipbuilder Austal USA recently expanded its local presence, moving to a National City location that will eventually support more than 200 employees.

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DARPA Taps Heavyweight Teams for Chip Innovation

Designing a microchip can take years. A team that includes UC San Diego and Qualcomm Inc. hopes to accomplish the feat in 24 hours, using computers and a new set of tools.

Cubic Acquires Aircraft Builder’s Assets

Cubic Corp. has acquired an unmanned aircraft builder.