San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

As Economic Engine Revs Up, Car Buying Increases in County

AUTO: 2014 New Vehicle Sales Forecast Near 150,000

New car sales, a key bellwether for the health of the economy, continued rising this year in San Diego and were on track to break last year’s record number of about 140,000, according to the New Car Dealers Association of San Diego County.

Kratos Receives Army Contract Potentially Worth 34.8M

Kratos Defense & Security Solutions Inc. said July 15 that it received a U.S. Army contract that could be worth up to $34.8 million over five years.

Pulse Electronics Announces Leadership Changes

Pulse Electronics Corp. appointed Alan Benjamin as interim CEO and John Major as interim chairman of the board, following the resignation of Ralph Faison as chairman, president and CEO, the company announced.

General Atomics Receives $38.8M Army Deal for Explosives Detection

The U.S. Army awarded Poway-based General Atomics Aeronautical Systems Inc. a $38.8 million, one-year contract modification to operate, sustain and integrate Highlighter sensors able to detect improvised explosive devices.

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EDF Renewable Acquires 96% Stake In Wind Prjoject Serving Microsoft

San Diego-based EDF Renewable Energy has acquired a 96 percent stake in the planned 175-megawatt Pilot Hill Wind Project, which has a 20-year power-purchase agreement with Microsoft Corp., EDF announced.

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General Atomics ASI Is Seeking International Customers for Predator XP

General Atomics Aeronautical Systems Inc. used England’s Farnborough International Air Show to announce the first flight of its Predator aircraft built for markets in the developing world.

Daylight Defense Gets Research Grant From Army

Daylight Defense LLC of Rancho Bernardo said that it received a Small Business Innovation Research grant from the U.S. Army to develop next-generation high-power ultraviolet laser capability to support future defense applications.

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Kratos Reports $4.2M Unmanned Aerial Systems Contract

Kratos Defense & Security Solutions Inc. said that it recently received a $4.2 million contract for unmanned aerial systems from a longstanding customer.

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SDG&E Is First (Utility) in Unmanned Flight With Drone Testing

Setting the stage for unmanned aircraft inspecting power lines, the Federal Aviation Administration gave San Diego Gas & Electric Co. permission to conduct test flights of a small drone in certain rural areas away from houses and in a San Diego utility yard, SDG&E said on July 11.

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Northrop Grumman Gets NASA Contract for Drone Work

NASA said earlier this month that it awarded Northrop Grumman Corp. a five-year contract for engineering and maintenance on the space agency’s two Global Hawk high-altitude aircraft, which are hand-me-downs from the U.S. Air Force.

Homeowners Now Can Take Advantage of Clean-Energy Loan Program

San Diego homeowners seeking help on financing improvements to reduce energy and water usage can access a new loan program called PACE for property assessed clean energy.

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Kleinfelder Acquires Canadian Engineering Firm

San Diego-based Kleinfelder Inc., which provides construction engineering and architectural services, has acquired the privately held Hood Engineering & Technical Services of Edmonton, Alberta.

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WD-40 Reports Q3 Results

San Diego based WD-40 Co. reported net sales of $95.65 million for the third quarter ending May 31.

Destroyer Work Worth $15.9 Million for BAE Systems

The U.S. Navy said July 9 that it awarded BAE Systems San Diego Ship Repair a $15.9 million contract modification to do dry dock work on the Arleigh Burke-class destroyer USS Decatur.

Beetham Appointed CEO at Cibus

Peter Beetham has taken the CEO’s job at Cibus, the Mira Mesa-based biotech announced July 8.