San Diego Business Journal

SD DEFENSE

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

Kratos Prices Shares of Common Stock Offering

Kratos Defense & Security Solutions Inc. said Nov. 18 that it priced a new offering of 11.67 million shares of common stock at $6 a share.

By Brad Graves November 21, 2016 9:10 a.m. share »

Kratos Plans to Sell $50 Million in Stock Offering

Kratos Defense & Security Solutions Inc. said on Nov. 17 that it plans to sell more stock. The corporation plans to sell up to $50 million to fund the company’s high-performance unmanned combat aerial system program, and to pay down debt, CEO Eric DeMarco said via email.

By Brad Graves November 17, 2016 2:51 p.m. share »

Mission Change Comes With Name Change for Drone

The fiercely named Predator has drawn another humanitarian assignment. General Atomics Aeronautical Systems Inc. announced that it is making a company-owned and operated Predator C aircraft available for humanitarian aid missions.

By Brad Graves November 17, 2016 2:36 p.m. share »

Kratos Gets $17.8 Million Contract for Drones

Kratos Defense & Security Solutions Inc. said on Nov. 16 that it received a $17.8 million contract for target drones.

By Brad Graves November 17, 2016 12:49 p.m. share »
Tease photo

GA-ASI Makes Unmanned Predator Available for Humanitarian Missions

General Atomics Aeronautical Systems Inc. announced that it is making a company owned and operated Predator C aircraft available for humanitarian aid missions.

By Brad Graves November 14, 2016 5:06 p.m. share »

Sodhexo Management Picked to Provide Food Service for U.S. Marine Corps

If you’re a Marine, early November is a time for cake. One of the service’s enduring traditions is celebrating its birthday.

By Brad Graves November 13, 2016 1:04 p.m. share »

Three Small Businesses Selected to Compete for Navy Contracts

Three small businesses have received U.S. Navy contracts to provide commercial industrial services and interior preservation services on Navy ships in San Diego.

By Brad Graves November 13, 2016 1:02 p.m. share »
Tease photo

Updated Jet-Powered Predator Aircraft Makes Virgin Flight

A new, larger model of General Atomics Aeronautical Systems Inc.’s Predator C Avenger aircraft made its first flight on Oct. 27, the company said Nov. 10.

By Brad Graves November 10, 2016 4:27 p.m. share »

Navy Awards Two Contracts to BAE Systems Ship Repair

The U.S. Navy sent BAE Systems Ship Repair a pair of big contracts this week.

By Brad Graves November 9, 2016 4:18 p.m. share »

SDMAC: Military Grows to 20 Percent of Local Economy

San Diego no longer looks like the military town it was at mid-century, when Horton Plaza was full of sailors, when the Consolidated plant on Pacific Highway turned out military aircraft and when giant radio antennas dominated neighborhoods.

By Brad Graves November 3, 2016 2:58 p.m. share »

Kratos Reports Q3 Net Revenue of $165.4 Million

Kratos Defense & Security Solutions Inc. reported a GAAP net loss of $23.6 million, or 39 cents per share, on revenue of $165.4 million during its third quarter, which ended Sept. 25.

By Brad Graves November 3, 2016 12:40 p.m. share »

Navy Awards Northrop Grumman Corp. $10.4 Million Contract

The U.S. Navy awarded Northrop Grumman Corp. a $10.4 million contract modification to produce one additional Fire Scout unmanned helicopter, using 2017 funds. The larger of the two Fire Scout models, the MQ-8C is a Bell model 407 helicopter modified to operate autonomously. One third of the work will be performed in San Diego.

By Brad Graves November 1, 2016 2:01 p.m. share »

Navy Awards Contract Worth $83 Million to NASSCO

General Dynamics NASSCO received a U.S. Navy contract to provide depot-level maintenance to the USS Boxer.

By Brad Graves October 31, 2016 2:14 p.m. share »

Potential 700 Layoffs at General Dynamics NASSCO

San Diego shipbuilder General Dynamics NASSCO is warning 700 employees that they may be laid off in January, a company spokesman said Oct. 25.

By Brad Graves October 25, 2016 5:08 p.m. share »

GA ASI Gets $310 Million Army Contract

The U.S. Army awarded General Atomics Aeronautical Systems Inc. a $310 million contract for one year of logistics to sustain the Army’s Gray Eagle unmanned aircraft.

By Brad Graves October 23, 2016 1:04 p.m. share »