SD DEFENSE
Recent and archived news stories on: Arms, Contractors, Government, Military, Research, Development, Systems, Veterans...
The ‘Secret’ to Doing Business With Spawar Is There’s No Secret
DEFENSE: Portfolio Managers Guide Cos. In the Right Direction
How to do business with Spawar? It’s a question that many executives and small-business owners wrestle with and one that Jim Lasswell, CEO of San Diego-based Indus Technology Inc., has solved.
General Atomics to Install New Launch, Recovery Systems on Carrier
The Pentagon announced on May 8 that General Atomics will receive a contract to provide aircraft carrier technology for the future USS John F. Kennedy.
General Atomics ASI Receives $296.9 Army Deal
General Atomics Aeronautical Systems Inc. of Poway received a $296.9 million deal from the U.S. Army, the Pentagon announced May 7.
LRAD Corp. Reports Q2 Revenue of $5.4 Million
LRAD Corp., the San Diego business that makes a high-volume sound systems used for military applications and crowd control, reported second quarter net income of $526,000 on revenue of $5.4 million.
Northrop’s Fire Scout Scheduled to Enter Operations for Navy
Northrop Grumman Corp. announced May 5 that the larger model of its Fire Scout drone will operate from ships this spring — and that its U.S. Navy customer plans to use the unmanned surveillance helicopter in actual operations in 2015.
Peregrine's Stock Up 9% After Co. Reports Quarterly Loss
Peregrine Semiconductor Corp. reported a net loss of almost $10 million on net revenue of $41.3 million for the three months ended March 29.
Cubic Awarded Contract for Training Support of U.S. Africa Command
Cubic Corp. has won one project while completing another, the company said May 5.
Northrop Grumman Gets $10.8M Navy Contract
The U.S. Navy said on May 1 that it awarded Northrop Grumman Corp. a $10.8 million contract to develop something the Navy calls a multicapability pod, which will go on the Fire Scout unmanned helicopter.
Strategic Asset
DEFENSE: Spawar Is Key Player in the Navy and in the Region
Dave Phillips has a not-so-conventional job. In recent years, the civilian electrical engineer at Spawar has been busy getting some aging but vital Navy electronics to play nicely with local power grids — including one in Cutler, Maine, population 507.
Cubic Announces Leadership Change
Cubic Corp. announced a succession plan and additional contract wins as the calendar turned from April to May.
Cubic Receives $35M Deal for Training British Army
Cubic Defense Systems, a business unit of Cubic Corp., was awarded a follow-on contract worth more than $35 million for training support to the British Army.
Office Campus Housing Northrop Grumman Sold for $26 Million
Drawbridge Acquisitions LLC of San Francisco has purchased a Rancho Bernardo office campus, fully leased to Northrop Grumman Corp., for approximately $26 million, according to brokerage company Cassidy Turley, which represented the seller.
Kratos Reports Q1 Results
San Diego-based Kratos Defense & Security Solutions Inc. reported a net loss of $15 million on revenue of $200.1 million in its first quarter, which ended March 30.
SAIC Employee Dies in Navy Night-Training Exercise
An employee of Science Applications International Corp. died April 28 in San Diego Bay off Naval Air Station North Island during a nighttime U.S. Navy training exercise, according to representatives of the defense contractor and the Navy command that holds the contract.
Northrop Grumman Gets Contract for IED Jamming Systems
Northrop Grumman Corp. will build electronic jammers to foil roadside bombs under a new contract from the U.S. Marine Corps.
