San Diego Business Journal


Recent and archived news stories on: Arms, Contractors, Government, Military, Research, Development, Systems, Veterans...

Augmented Reality, Mini Satellites Exhibited at Pentagon ‘Science Fair’

Every other year, the Defense Department puts on a science fair of sorts in the central courtyard of the Pentagon building.

By Brad Graves May 22, 2017 11:13 a.m. share »

Lockheed Closes Local Office, Plans Cuts at Training Facility

San Diego’s loss is Denver’s gain as Lockheed Martin Corp. closed one of its local offices.

By Brad Graves May 18, 2017 3:58 p.m. share »

Commander-in-Chief Prefers Steam

The fate of a multibillion-dollar project, General Atomics’ electromagnetic launch system for aircraft carriers, seemed a little more uncertain after President Donald Trump criticized it in an interview with Time magazine. Trump reportedly said that he heard bad reviews of the “digital” aircraft catapults, said he thought they sounded overly complicated and that he would prefer that new aircraft carriers have the legacy technology: steam catapults. The president added some salty language for emphasis.

By Brad Graves May 18, 2017 2:48 p.m. share »

Navy Awards Rolls Royce Contract for Work at MCAS Miramar

Rolls Royce Corp. will perform up to $4.7 million worth of work at Marine Corps Air Station Miramar for its other business — aircraft engines.

By Brad Graves May 17, 2017 4:51 p.m. share »

GA-ASI, Northrop Receive Pentagon Contracts

Two major producers of unmanned military aircraft received contracts collectively worth approximately $700 million early this week. The Pentagon announced the two contract wins on May 16.

By Brad Graves May 16, 2017 3:54 p.m. share »

GA-ASI Awarded $221.6M Contract for Gray Eagle Aircraft, Equipment

The U.S. Army awarded a $221.6 million contract modification to General Atomics Aeronautical Systems Inc. on May 10, the Pentagon announced.

By Brad Graves May 12, 2017 9:36 a.m. share »

Cubic Reports Dip in Q2 Net Income, Sales

Cubic Corp. reported net income of $500,000 on sales of $343.7 million in its second quarter. The business reported its financial results on May 8.

By Brad Graves May 9, 2017 2:24 p.m. share »

Kratos Reports Q1 Revenues of $167.8M

Kratos Defense & Security Solutions Inc. reported a net loss of $10 million, or 13 cents per share, on revenues of $167.8 million in the first quarter of 2017.

By Brad Graves May 5, 2017 10:40 a.m. share »

Vaulted Makes Its Debut

Cubic Corp. is offering something new in cybersecurity: an application called Vaulted.

By Brad Graves May 4, 2017 2:13 p.m. share »
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Planck to Adapt Drone for Role in Border Protection

It’s not really a defense contract, but it’s definitely a federal effort. East Village-based Planck Aerosystems Inc. recently received $152,500 from the U.S. Department of Homeland Security to develop unmanned aircraft technology that may help border patrol agents do their work. DHS announced the award on April 27.

By Brad Graves May 4, 2017 2:11 p.m. share »
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New Sensor Improves Global Hawk’s Vision

Northrop Grumman Corp.’s Global Hawk high-altitude spy aircraft recently made its first flight carrying a UTC Aerospace Systems MS-177 long-range multispectral imaging sensor. The high-tech sensor is a derivative of the powerful camera carried on the U-2 spy aircraft. The test flight, out of Palmdale, was Feb. 8, but UTC kept the wraps on the announcement until mid-April.

By Brad Graves May 4, 2017 2:10 p.m. share »

Tapestry Solutions Awarded $10.3 Million Army Contract

The U.S. Army awarded San Diego-based Tapestry Solutions Inc. an 18-month, $10.33 million fixed-price contract for what it calls mission command training support services.

By Brad Graves May 3, 2017 5:43 p.m. share »

Two Firms to Benefit From Navy Contract

AMSEC LLC and Gryphon Technologies LC will provide services on U.S. Navy aircraft carriers under contracts announced on May 1.

By Brad Graves May 3, 2017 3:53 p.m. share »

Cubic Global Defense Hires Diane Giuliani as Senior VP of Global Business

Cubic Global Defense has hired Diane Giuliani as senior vice president of global business development and strategy. The company made the announcement April 26.

By Brad Graves April 28, 2017 11:38 a.m. share »
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Kratos Makes the Ultimate Hack: Russian-Built Tank

Kratos Defense & Security Solutions Inc. said one of its business units has fitted a Russian tank, supplied by the U.S. Army, with a system that lets it operate by remote control. The Army plans to use the tank as a target.

By Brad Graves April 27, 2017 1:02 p.m. share »