San Diego Business Journal


Recent and archived news stories on: Arms, Contractors, Government, Military, Research, Development, Systems, Veterans...
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Kratos Receives $8 Million Foreign Military Contract

Kratos Defense & Security Solutions Inc. said on May 5 that it received an $8 million contract to provide logistics support for naval training devices for an unnamed international customer.

Kratos Defense Cites Q1 $22.2M Net Loss on Revenues of $153M

Kratos Defense & Security Solutions Inc. reported a net loss of $22.2 million, or 37 cents per share, on revenues of $153 million in its first quarter, which ended March 27.

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Navy’s Unmanned Ship to Be Put to the Test in Point Loma

It’s an unmanned machine made of carbon fiber, one that can stay on station for ridiculously long periods of time. Nothing new for San Diego, right? Except this one is 132 feet long and doesn’t fly. It floats.

Indus Navy Deal Could Be Worth $2.92M to Contractors

Indus Technology Inc. said on May 3 that it is leading a team that received a U.S. Navy contract that could we worth up to $2.92 million over five years, if the Navy exercises all of its options.

Cubic Reports Sales of $366 Million for Q2

Cubic Corp., the defense contractor that also makes fare-collection technology for mass transit, reported net income of $10.1 million, or 38 cents per diluted share, on sales of $366 million for the second quarter of its 2016 fiscal year.

Navy Awards Coffman Specialties Inc. $18 Million Contract

The U.S. Navy awarded Mira Mesa-based Coffman Specialties Inc. an $18 million task order for runway repair and aircraft lighting repair at Naval Air Station Fallon in Nevada, east of Reno.

Kratos Subsidiary Working With Government of Oman

Kratos Defense & Security Solutions Inc. said April 26 that its Kratos ISE subsidiary was working with the government of Oman on an advanced space radio monitoring system.

S.D. Defense Industry Prospers Under GOP Budget

Republicans on the House Armed Services Committee unveiled a Pentagon budget proposal for fiscal 2017 that modifies the Obama administration’s.

‘Excess Infrastructure’ Report Prompts Concerns over Closures

The 2017 Pentagon budget will come into a little more focus later this month as the House Armed Services Committee looks over the National Defense Authorization Act. It’s a big deal because the Pentagon spends a lot in San Diego County: $24.8 billion in fiscal 2015. That’s according to analysis by SDMAC, the San Diego Military Advisory Council.

Kratos Awarded $5 Million Contract

Kratos Defense & Security Solutions Inc. said on April 20 that it received a $5.0 million contract for hardened tactical facilities.

Coherent Technical Services Awarded 2-Year, $20.5 Million Navy Contract

The U.S. Navy lab on Point Loma awarded Coherent Technical Services Inc. a two-year, $20.5 million contract modification to conduct research and development on emerging navigation technology.

Army Deals Worth $17.6 Million for GA-ASI

The U.S. Army recently awarded aerospace engineering work to General Atomics Aeronautical Systems Inc., which builds the Army’s Grey Eagle unmanned aircraft.

Navy Awards Contracts For Work on USS Theodore Roosevelt

The U.S. Navy recently awarded Virginia-based Huntington Ingalls Industries contracts covering an extended maintenance period for the aircraft carrier USS Theodore Roosevelt, which arrived in its new San Diego homeport in November.

S.D. Firm Among Four Small Businesses to Receive Pentagon Contracts

Herman/JCG Co. JV of San Diego is among four small businesses that received multiple-award contracts for design and build construction services, the Pentagon announced on April 8. The Army Corps of Engineers in Little Rock, Ark. awarded the deals.

Three County Firms Awarded Navy Contracts Worth Up to $50 Million

Three San Diego County small businesses received contracts to remove and install nonskid surfaces to the decks of U.S. Navy ships in the San Diego area. Work could extend to 2021.