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Kratos Defense & Security Solutions Inc. named Steve Fendley president of its unmanned systems division, announcing the change on Jan. 17.
Leaders of San Diego’s Green Flash Brewing Co. are not commenting on published reports that the craft beer maker has laid off as many as 25 employees.
Carlsbad-based Callaway Golf Co. announced on Jan. 11 that it acquired Utah-based Ogio International Inc. for $75.5 million cash.
Shares of San Diego-based WD-40 Co. fell more than 10 percent Tuesday after the company’s first-quarter earnings, released Monday, fell short of expectations.
A recent securities filing shows Cohu Inc. is keeping its options open, and might want to raise more funds to finance future business opportunities.
Carlsbad-based Callaway Golf Co. said Jan. 5 that it has signed Daniel Berger to an endorsement deal.
Spain wants it own unmanned Predator B aircraft and has placed a $56.7 million order for them through its partner, the U.S. Air Force, the Pentagon announced Jan. 4.
Economic Trends: Maritime
Opportunities just keep opening up for San Diego’s diverse maritime industry, a sector buoyed not only by the region’s naval power but the increasingly important fields of underwater drones, aquaculture and desalination.
Economic Trends: Manufacturing
Every time Jo Marie Diamond, president of the East County Economic Development Council, runs into a manufacturer’s human resources manager, they tell her they’re struggling to find skilled workers to fill open positions.
Economic Trends: Defense
The defense world is like an aircraft carrier. It can’t turn on a dime. November’s election, however, might signal a big, slow turn. The 2016 election will soon put a new set of decision-makers in charge of the Pentagon. President-elect Donald Trump says he’s for a strong defense. That would seem to please a Republican-controlled Congress — the entity that holds the Pentagon’s purse strings.
Economic Trends: Craft Beer
San Diego County’s craft beer brewers continued to grow their local and global footprints in 2016, even as the U.S. industry overall began to show signs of slowing growth after several years of rapid acceleration in consumer demand.
General Dynamics NASSCO received a $325 million deal to help fund the fifth in a series of U.S. Navy support ships.
Aerospace is in San Diego’s DNA. A local group built Charles Lindbergh’s Spirit of St. Louis. In more recent years, the community has developed a capability in unmanned aircraft.
General Atomics’ Electromagnetic Systems unit said it received a contract to supply heavy equipment to a South Korean oil refinery.
The U.S. Air Force recently awarded Northrop Grumman Corp. a $55.3 million, one-year contract modification to operate what one can simplistically call an internet server on a business jet that flies over a battlefield. Work will be split between San Diego and international locations.