San Diego Business Journal


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

Everyone Is on Offense When Divvying Up the Defense Budget

The rodeo in Washington is getting going, with lawmakers wrangling over the shape of the Defense Department’s 2016 spending plan.

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Cubic Receives $9.4M Army Contract

Cubic Corp. received a $9.4 million U.S. Army contract modification to operate the Korea Battle Simulation Center for the next 12 months. The Pentagon made the announcement March 25.

BAE Systems Awarded $16.8 Million Navy Contract

The U.S. Navy announced on March 26 that it awarded BAE Systems San Diego Ship Repair a $16.8 million contract modification covering shipyard work for the USS San Diego.

Beechcraft Selling Plane to Iraqi Government

Beechcraft Defense Co. is selling one of its small planes to the government of Iraq under a foreign military sale, the Pentagon announced on March 25.

Three Kratos-Powered Drones Participate in Test

Three target drones with rocket motors from Kratos Defense & Security Solutions Inc. took part in an Aegis Ballistic Missile Defense weapon system test in late February, the company said on March 16.

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General Atomics ASI Deal With Army Worth $132.7M

General Atomics Aeronautical Systems Inc. received a U.S. Army contract modification worth $132.7 million, the Pentagon said March 16.

M Ship’s Stiletto Cut a Fine Figure With Its Innovative Design

M Ship Co. never had the distinction of building a massive supercarrier or cranking out Liberty Ships by the hundreds. The San Diego company did not even build watercraft; it designed them. But boy, did it design a mean-looking vessel.

Kratos Reports Q4 Net Loss of $2.2 Million on Revenue of $221.5 Million

Kratos Defense & Security Solutions Inc. reported a net loss of $2.2 million on revenue of $221.5 million during its fourth quarter, which ended Dec. 28. The net loss for the quarter amounted to 4 cents per share.

Hamilton Sundstrand Awarded $12.3 Million Navy Contract

The U.S. Navy said on March 12 that it awarded Hamilton Sundstrand — now a unit of UTC Aerospace Systems — a five-year contract for work on specialized submarine equipment. The indefinite quantity, indefinite delivery deal could ultimately be worth $12.3 million.

Navy Renews Contract with SAIC to Train Marine Mammals

Science Applications International Corp. (SAIC) said on March 11 that the U.S. Navy has renewed its contract to care for and train the Navy’s marine mammals in San Diego; Bangor, Wash.; and Kings Bay, Ga.

Local Marine Corps Bases to Benefit From $25 Million Contract

Lion-Vallen Industries of Dayton, Ohio received a one-year, $25 million contract to provide logistics services at U.S. Marine Corps bases.

Kratos Receives Orders Worth $4.1 Million

Kratos Defense & Security Solutions Inc. said on March 10 that it received orders worth $4.1 million for specialty electronics that will eventually go in U.S. Navy aircraft.

Cubic Awarded $2.6 Million Contract From Italy

Cubic Corp. said on March 9 that Italy’s ministry of defense awarded it a follow-on contract worth more than $2.6 million.

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Northrop Says Costs of Global Hawk Flight Hours Dropped

Northrop Grumman Corp. said recently that the cost per flight hour for its Global Hawk unmanned aircraft saw a “significant decrease” during 2014, while flight hours rose nearly 40 percent.

BAE Systems, Tapestry Solutions Competing for U.S. Navy Contracts

BAE Systems Information Solutions Inc. and Tapestry Solutions, both of San Diego, are among nine companies that will compete for U.S. Navy software contracts, the Pentagon announced on March 4.