San Diego Business Journal


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

Epsilon Systems Receives $5.7M Navy Contract

Epsilon Systems Solutions Inc. said it received a $5.7 million contract to overhaul the Arco, a floating dry dock that the U.S. Navy uses to service submarines in San Diego.

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For Spawar, ‘Readiness’ Also Includes Educational Outreach

DEFENSE: Programs Cultivate Needed Skills And Interest in STEM

Gracie Young is bright, driven and looking forward to getting her first patent. She is like a lot of people in San Diego’s technology scene — except that she’s in high school.

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Defense Spending Plan Emerges From Committee

DEFENSE: Marked-Up Budget Would Avoid BRAC, Stalls Carrier Drone Project

The Pentagon would sidestep another base closure round and hold back work on a carrier-based drone for the U.S. Navy, under modifications made this month to the fiscal 2015 defense budget bill.

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Cubic Corp. Reports Q2 Results, Restates 2013, 2012 Fiscal Year Results

Cubic Corp., the San Diego company that has operations in both the defense and transportation industries, reported fiscal 2014 second quarter results and restated financial results for its 2013 and 2012 fiscal years.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Cubic Announces Leadership Change

Cubic Corp. announced a succession plan and additional contract wins as the calendar turned from April to May.

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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.