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General Dynamics NASSCO received a $511 million contract from Matson Navigation Co. Inc. to build two ships able to haul containers and other cargo on routes to Hawaii, the companies announced Aug. 25.
Cubic Corp. is leasing a 39,000-square-foot facility in Otay Mesa to complement its Tijuana manufacturing space.
BAE Systems San Diego Ship Repair is among seven companies awarded second-year contract options on U.S. Navy ship modernization deals.
Driven by the U.S. Navy’s plan to station more ships in San Diego and its own plans to grow, BAE Systems Ship Repair recently leased more than 100,000 square feet of new space in the South Bay.
San Diego-headquartered Green Flash Brewing Co. has announced a Nov. 13 public opening for its new East Coast production facility and tasting room in Virginia Beach, Va. Fund-raising and related events are slated for the grand opening, and the company’s beers will officially start shipping from the new facility on Jan. 1, 2017.
The U.S. Air Force placed a $371 million order with Poway-based General Atomics Aeronautical Systems Inc. for 30 Reaper remotely operated unmanned aircraft.
Carlsbad-based Callaway Golf Co. declared a penny-per-share dividend on Aug. 10.
BEVERAGE: S.D. Coffee Culture Advances To the Next Level
San Diego’s craft beer brewers — with their sophisticated palates and purist culture — may be priming the region for another kind of brew business: artisan coffee.
San Diego-headquartered AleSmith Brewing Co. has expanded its distribution into Australia through a new partnership with that country’s Experienceit Beverages.
El Cajon-based oil and gas producer Royale Energy Inc. on Tuesday announced it had raised $2.5 million. The company also reported a net loss of nearly a half-million dollars in the second quarter of the year.
Kratos Defense & Security Solutions Inc. increased its revenue forecast for 2016 by $10 million, to $659 million, when it took the wraps off of its second quarter financial results on Aug. 4.
Callaway Golf Co. — the Carlsbad maker of balls, clubs and golf accessories — reported a 140 percent improvement in second quarter earnings and got a surprise gift from a competitor.
BEVERAGE: Drink Is Touted as Healthful And Tasty Treat
A new local brewery in Old Town is jumping on the kombucha bandwagon, opening a tasting room in San Diego where the fizzy beverage is brewed.
Four leaders of San Diego’s Ballast Point Brewing & Spirits – including founder Jack White, chief operating officer Yuseff Cherney and CEO Jim Buechler – have left the company to pursue other interests, the Miramar-based brewer confirmed.
Coronado Brewing Co. has appointed longtime employees Brandon Richards and Kasey Chapman to the shared role of chief operating officer.