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Turtle Beach Corp., a San Diego designer and marketer of audio products such as headsets used with video, has added two new members to its senior management team.
General Atomics Aeronautical Systems Inc. of Poway received two contract modifications, worth $47.7 million and $14.8 million, from the U.S. Army for the acquisition of ground equipment for unmanned aircraft. Work will take place over the next two years. The Army Contracting Command at Redstone Arsenal, Ala. awarded the deals, announced April 1 and 2.
Four San Diego County-based companies, led by Escondido’s Stone Brewing Co., made this year’s annual ranking of the top 50 U.S. craft beer makers based on 2014 sales volume, published by the Colorado-based Brewers Association.
American Wave Machines Inc., a maker of artificial wave technology, announced that the company has hired Robert Reynolds as its new chief operating officer.
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.
WD-40 Co., a San Diego-based maker of specialty lubricants, soap and chemicals, announced its regular quarterly dividend of $0.38 per share, payable April 30 to stockholders of record at the close of business on April 16.
GKN Aerospace — which has factories in El Cajon and Mexicali, Mexico — said earlier this year that it agreed to supply Rolls-Royce PLC with components for the latest version of the Trent 1000 engine.
Shares of Callaway Golf Co. gained more than 11 percent in value on March 23, and then backtracked 3 percent in after-hours trading.
Pulse Electronics Corp. reported a net loss of $9.6 million on net sales of $80.1 million for its fourth quarter.
San Diego-based Batu Biologics Inc. announced the publication of pre-clinical data for its flagship immunotherapeutic product, ValloVax in the Journal of Translational Medicine.
Qualcomm Inc. co-founder Andrew Viterbi was inducted into Connect’s Entrepreneur Hall of Fame during a recent luncheon at the Estancia La Jolla Hotel & Spa.
BEVERAGE: Endorsers, Herbs And Name Target Millennials
Over the past decade, San Diego has become known far and wide for its craft beer industry.
San Diego-based Vital Therapies Inc., a company developing a cell-based therapy to help people suffering from serious liver disease, announced its fourth quarter financial results on March 19, reporting a net loss of about $14 million compared with a net loss of $10.2 million in the same quarter of 2013.
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.