SD DEFENSE

Navy Issues Draft RFP for Carrier-Based Drone

The U.S. Navy has taken another small step toward building its first production aircraft that will launch from an aircraft carrier deck.

Kratos Reports Revenue Increase of 10.4% for Q2

Kratos Defense & Security Solutions Inc. reported a net loss of $6.2 million but strong revenue growth in its second quarter of 2017.

Startup SkySafe Raises $11.5 Million in Series A Funding

San Diego-based SkySafe, which makes technology to stop drones while in flight, said on July 20 that it received $11.5 million in series A funding, led by Andreessen Horowitz.

Navy Awards Contract Worth Nearly $50M to BAE Systems

The U.S. Navy awarded BAE Systems San Diego Ship Repair a contract modification worth almost $50 million, covering maintenance work on the amphibious ship USS Comstock.

Spending Power and Seagoing Sriracha: A Peek Inside San Diego’s Newest Navy Ship

The USS Gabrielle Giffords, an Independence-class littoral combat ship and one of the newest ships in the U.S. Navy, arrived in San Diego on July 5, giving the region a direct economic benefit of about $30 million per year.

Cubic Acquires British-Based Deltenna Ltd.

Cubic Corp. said on July 18 that it acquired privately held Deltenna Ltd. of Chippenham, U.K. for undisclosed terms. Deltenna specializes in wireless infrastructure, offering radio and antenna communication solutions.

New SPAWAR Commander Brings Experience of End User to Job

DEFENSE: Yokoyama’s Priorities Are Improving War-Fighting Capabilities

Transitions are part of life in the U.S. Navy. Sailors regularly move from one city to the next, or from one continent to another. But even for Capt. Melvin Yokoyama Jr., who has spent more than 25 years in the Navy, this last transition has been quite a change of scenery.

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Shipbuilder Announces Up to 300 Layoffs

BAE Systems said July 11 that it planned to lay off as many as 300 employees at its Barrio Logan shipyard. The positions could be eliminated in early September, the business said.

Cubic CFO Takes New Role, Replacement Named

Cubic Corp. plans to transition current CFO Jay Thomas to an executive adviser’s role and name a new chief financial officer in October.

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Camp Pendleton Work Part of Contract Awarded to Small Business

F3EA JV LLC, a small business, has been awarded a five-year contract worth up to $16.4 million to support underwater egress training systems at four U.S. Marine Corps bases.

Tapestry to Share $28M Contract

San Diego-based Tapestry Solutions Inc., a part of Boeing Co., received a $28 million U.S. Air Force contract that it will share with another Boeing unit, Jeppesen.

Local Cos. Get Big-Ticket Items in Rough Draft of Defense Budget

A rough draft of the fiscal 2018 Pentagon budget is out, and as usual, it includes some big-ticket purchases from San Diego’s aircraft makers and shipbuilders.

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Continental Maritime Gets $37.8 Million Navy Contract

The U.S. Navy awarded Continental Maritime a $37.8 million delivery order to cover shipyard work to the Ticonderoga-class cruiser USS Chosin.

Navy Awards Kratos $37.1 Million Contract for Drones

Kratos Defense & Security Solutions Inc. received a big contract for jet-powered target drones, used in military war games. The U.S. Navy announced the $37.1 million contract modification on June 27.

Navy to Spend Hundreds of Millions for Help at Point Loma Lab

Six companies received contracts to provide support services at the U.S. Navy’s Point Loma lab. Under the best of circumstances, the work announced on June 14 will extend to the middle of 2022.