San Diego Business Journal

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WD-40 Co. Reports $52.6 Million in Net Income for 2016

WD-40 Co. reported a 20 percent increase in profits for fiscal 2016.

Abacus Data Systems Inc. Rolls Out New Brand: Abacus Next

San Diego-based Abacus Data Systems Inc. has taken a new name: Abacus Next.

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New, Advanced Arresting Gear for Carriers Gets Its First Jet

New, Advanced Arresting Gear for Carriers Gets Its First Jet Its technology bound for a new generation of aircraft carriers, General Atomics’ advanced arresting gear trapped its first jet on Oct. 13. The contractor and its U.S. Navy partner are still taking baby steps with their new technology, so the trap was on dry land (specifically a runway in Lakehurst, N.J.) rather than the moving deck of a ship at sea. Video released by the Naval Air Systems Command, aka NAVAIR, showed a gray F/A-18E Super Hornet touching down, dragging its tail hook along the ground, catching a cable stretched across the runway, and making a quick stop as the cable — connected to the GA arresting gear — absorbed all the energy of a flying jet.

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On Deck

Contractors Look to Be The One to Land Lucrative Deal for Aircraft-Carrier-Based UAV

It’s a military aircraft project easily worth billions of dollars, perhaps north of $10 billion, with a good chance of going to a San Diego vendor.

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Talent Pool

SPORT: Aqua Lung Looks To Pass Competitors With The Help of Michael Phelps

Quick. Name one of the biggest French companies in San Diego’s North County. One that balances showy, high-stakes athleticism with the silence of military covert operations. One built on a legacy of undersea exploration.

Qualcomm Bringing 5G Modem to Market

Qualcomm Inc. said it is bringing a fifth-generation modem to market, offering a way for wireless devices to communicate at ultra-fast speeds over dedicated radio frequencies.

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Alex Rogers Named President of Qualcomm Technology Licensing

Qualcomm Inc. appointed Alex Rogers as president of its intellectual property arm, Qualcomm Technology Licensing. Rogers, a 15-year employee, has led Qualcomm’s licensing arm since March and has led its litigation department since 2007.

LRAD Corp. Receives $1.3M Contract From Undisclosed Foreign Company

LRAD Corp. received a $1.3 million order for mobile mass-notification systems, the North County company announced on Oct. 18.

Navy Awards Poway Company Five-Year, $35.7 Million Contract

A new U.S. Navy contract may be worth up to $35.7 million for a Poway-based company.

New DoD Tech Office Awards Kratos $12.6 Million Contract

San Diego-based Kratos Defense & Security Solutions Inc. said it received a $12.6 million single-award prime contract to integrate sensors into an unmanned aerial vehicle.

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