San Diego Business Journal

Kratos Subsidiary Inks Satellite Equipment Deal

Kratos Defense & Security Solutions Inc. announced on July 6 that one of its subsidiaries had a new satellite equipment deal with a large Indonesian telecom company.

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Cubic Corp. Names James Blake VP of Global Defense Business

Cubic Corp. has named James T. Blake to an upper management post in its Cubic Global Defense business.

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MAINTAINING AN EDGE

Property: Being Competitive is a Must in Building Maintenance

The phenomenon of two women owning and running a building maintenance business may have gotten attention in San Diego’s business circles in the days when Ronald Reagan was president.

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Cubic Corp. Names James Blake VP of Global Defense Business

Cubic Corp. has named James T. Blake to an upper management post in its Cubic Global Defense business.

Always Hungry for Opportunity, Qualcomm Backs MangoPlate

When it comes to making investments, Qualcomm Inc. views the world as its oyster.

Glucose Monitoring May Be Serious Fun With New App

SOFTWARE: Doctor Makes a Game of It, Adds Rewards

Dr. David Ahn thinks he can help people with diabetes do a much better job of checking their blood sugar. His solution? Make a game out of it.

Ex-Qualcomm Exec Is Sentenced to Prison

LEGAL: Jing Wang Pleaded Guilty to Insider Trading

A federal judge sentenced a former Qualcomm Inc. executive to 18 months in prison and fined him $500,000 for acting on insider information to profit from stock trades and then trying to cover up the incidents.

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FLIGHT PLAN

TECH: Peregrine Expects To Add About 100 Positions As New Owner Takes Over

Ever since Murata Manufacturing Co. Ltd. acquired San Diego’s Peregrine Semiconductor Corp., a larger portion of CEO Jim Cable’s day has been spent chasing away employee anxieties.

Navy Awards $75M Contract to Huntington Ingalls to Repair Aircraft Carriers

The Pentagon inked a two-year contract with Huntington Ingalls Inc. to provide ship repair support for two U.S. Navy aircraft carriers, the USS Nimitz and the USS Carl Vinson. One-fourth of the work is expected to go to San Diego, with the balance to Bremerton, Wash.

Acculitx Receives $1 Million in Series A Funding

Acculitx, formerly known as Fleet Matrix, said on June 30 that it received $1 million in series A funding.

BAE Systems Receives $13.6 Million Navy Contract

The U.S. Navy has set aside time and money to improve the USS Sterett, a guided missile destroyer based in San Diego.

Soltek Pacific Receives $20.2 Million Navy Contract

San Diego-based Solpac Construction Inc., which does business as Soltek Pacific Construction Co., received a $20.2 million U.S. Navy contract to build a multistory training building to prepare pilots to fly the next generation of fighter aircraft: the F-35C Lightning II.

Navy Awards $13M Contract to General Dynamics NASSCO

The Navy awarded General Dynamics NASSCO a $13 million, one-year contract modification to turn out preliminary designs for a new amphibious-landing ship.

Former Qualcomm Exec Sentenced to 18 Months and Fined for Insider Trading, Obstruction of Justice

A federal judge sentenced a former Qualcomm Inc. executive to 18 months in prison and fined him $500,000 for acting on insider information to profit from stock trades and then trying to cover up the incidents.

Hollywood Casino Jamul-San Diego Hoists Final Steel Beam of Construction

The Jamul Indian Village said June 25 that it hoisted the final steel beam of its building project — the Hollywood Casino Jamul-San Diego — into place.

Memjet’s New Headquarters Shows It’s Ready to Compete

Memjet has new digs. The maker of printer components — print heads, microchips, software and inks — has consolidated its headquarters into new space on Technology Place.

General Atomics Awarded $737 Million Contract

DEFENSE: S.D. Will Get 45% of Work on Aircraft Carrier System

General Atomics received a major contract this month for its electromagnetic aircraft carrier catapult as well as for a similarly powered arresting gear to catch the small jets landing on the carrier deck.

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Drones Drafted for Humanitarian Role

DEFENSE: GA ASI’s Craft On Refugee Rescue Missions

A humanitarian crisis playing itself out in Europe has Italian authorities hungry for information — and turning to 13 San Diego-built unmanned aircraft to get it.

Mad Catz Interactive Reports 2015 Fiscal Year Results

Mad Catz Interactive Inc., the publicly traded maker of videogame peripherals based in Scripps Ranch, closed the books on its fiscal year with an auditor’s word of caution and a vote of confidence from its bank.

General Atomics ASI Receives $121.4 Million Army Contract

General Atomics Aeronautical Systems Inc. recently received a $121.4 million contract modification from the U.S. Army.

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David Buss, Retired Vice Admiral, Joins Cubic Corp.

David H. Buss, who recently retired as a vice admiral and who served as the U.S. Navy’s Coronado-based “air boss,” has taken a vice president’s job with Kearny Mesa-based Cubic Corp. The San Diego defense contractor announced the appointment on June 24.

Is Qualcomm Interested in Buying Silicon Valley Chipmaker?

The stock market has found intrigue in Silicon Valley chipmaker Advanced Micro Devices Inc., which according to one report might be considering selling part of the company. A contributor to a crowd-sourced financial website has added speculation to speculation, saying Qualcomm Inc. is a plausible buyer.

Northrop Grumman Awarded $60.9 Million Navy Contract

The U.S. Navy awarded Northrop Grumman Corp. a one-year, $60.9 million service contract related to its Broad Area Maritime Surveillance demonstrator unmanned aircraft, which is similar to its Global Hawk.

BAE Systems Wins $15.2 Million Navy Contract

The USS Sampson will make a stop at the BAE Systems San Diego Ship Repair yard in Barrio Logan under a newly awarded U.S. Navy contract.

Navy Awards General Atomics $737 Million Contract

General Atomics received a major contract this month for its electromagnetic aircraft carrier catapult as well as for a similarly powered arresting gear to catch the small jets landing on the carrier deck.

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Nature Assists in Cargo Inspection

TECH: Co.’s Method Can Safely Detect Contraband

Decision Sciences International Corp. intends to be a player in a high-stakes game of hide-and-seek.

Financial News Boosts Stock of Maxwell Technologies

Demand for Maxwell Technologies stock ticked up after the company made two financial announcements on June 11.

Maxwell Stock Up After Company Makes Financial Announcements

Demand for Maxwell Technologies stock ticked up after the company made two financial announcements on June 11.

Co. Sees S.D. as Its New Center of Navigation Excellence

Kiel, Germany and San Diego are two towns with a history of navy ships and smart people. In recent years, the two cities became linked by the legacy of Hermann Anschütz, an inventor and explorer from more than 100 years ago.

Co. Wants to Spread the Words With Its Efforts to Defeat Dyslexia

SOFTWARE: Audvi App Translates Text to Talk For Those Who Need It

Ninety-nine percent of the time, the first entry on a person’s LinkedIn profile is a profession.

Woman to Take The Helm at Port

LEADERSHIP: New CEO Is an Admired Insider

The Port of San Diego has chosen its next leader from within, tapping Randa J. Coniglio to be its executive director, president and CEO.

Solpac Construction Awarded $14.5 Million Navy Contract

The U.S. Navy awarded a San Diego firm at least $14.5 million worth of hangar construction work at Naval Air Station Lemoore in the San Joaquin Valley.

Frank Meng to Rejoin Qualcomm as Chairman of China Operations

Qualcomm Inc. announced that it has appointed Frank Meng as chairman of Qualcomm China, effective June 15.

Tetra Tech Awarded $20.9 Million Navy Contract

The U.S. Navy awarded Pasadena-based Tetra Tech EC Inc. a $20.9 million contract modification, increasing the maximum dollar amount available for a cleanup project at a former shipyard site in Rhode Island.

Kratos Awarded Five-Year, $12.1 Million Army Contract

The U.S. Army said on June 3 that it awarded Kratos Defense & Security Solutions Inc. a five-year, $12.1 million contract for research and development that is apparently related to rocketry.

Major Investor Increases Shares of Chipmaker MaxLinear

Shares of MaxLinear Inc. were on the rise early in the week of June 8, as the Carlsbad chipmaker increased its financial forecast. Meanwhile, a prominent investor disclosed he had increased his stake to more than 5 percent.

Solana Beach-Based Seismic Wins Red Herring Top 100 Award

Seismic, which has offices in Solana Beach and Boston, won a Red Herring Top 100 North America award at the Red Herring conference in San Diego, which wrapped up June 3.

Ten Finalists Chosen for PitchTech Competition

Ten tech companies will vie for top honors in the Interactive Day San Diego PitchTech competition, set for June 12.

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Novatel Prices Private Offering, Says It's Considering Acquisitions

Novatel Wireless Inc. announced late June 4 that it priced a private offering of $120 million in convertible senior notes.

BAE Systems San Diego Ship Repair Gets $36.6 Million Deal for Destroyer Upgrade, Maintenance

The U.S. Navy said on recently that it awarded BAE Systems San Diego Ship Repair a $36.6 million deal for maintenance and upgrade work to an Arleigh Burke-class destroyer, the USS Kidd.

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Executive Q&A: Cody J. Martinez of Sycuan Band of the Kumeyaay Nation

Cody J. Martinez represents a new generation of leadership on the Sycuan Reservation near El Cajon.

Digital TV Pioneers’ Shot at Innovation Was a Bull’s Eye

ARRIS Group Inc. marked the 25th anniversary of digital television by bringing several of its inventors back to its birthplace — San Diego, where predecessor General Instrument dreamed up the idea.

Kratos’ Division Sale Ditches a Lot of Debt

DEFENSE: Analyst Calls It ‘A Tax Driven Transaction’

Kratos Defense & Security Solutions Inc. is making good on its pledge to sell part of the company, disclosing on June 1 that it struck a deal to sell its Electronic Products Division for $265 million. It plans to retire debt with the proceeds.

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Mick Jaggers Promoted to VP at Northrop Grumman

Northrop Grumman Corp. recently said that it promoted Mick Jaggers to vice president and program manager for its Global Hawk unmanned aircraft system programs.

InterDigital to be Strategic Funding Partner for EvoNexus

InterDigital Inc., the mobile technology research and development company, has agreed to be a strategic funding partner for the EvoNexus pro bono business incubator. The two organizations announced the partnership on June 3.

General Atomics Delivers Reaper Aircraft to French Military

General Atomics Aeronautical Systems Inc. said on May 29 that it delivered its third unmanned Reaper aircraft to the French Ministry of Defense, less than two months after the contract award. Financial terms of the deal were not disclosed.

Navy Awards Contract to Koam Engineering Systems

The U.S. Navy awarded San Diego-based KOAM Engineering Systems Inc. a contract for marine design and engineering services that could be worth as much as $76.1 million through January 2020 — provided that the Navy exercises all of its options and issues orders up to the contract’s maximum amount.

Air Force Awards Cubic Corp. $9.9 Million Contract

The U.S. Air Force awarded Cubic Corp. an additional $9.9 million to provide solutions to enhance the Air Force’s chemical, biological, radiological and nuclear counter proliferation and survivability missions program.

Kratos Receives Two-Year, $4.5 Million Contract

Kratos Defense & Security Solutions Inc. said on June 2 that it received a two-year, $4.5 million contract to support U.S. government programs in directed energy.

Kratos Defense to Sell Electronics Division for $265M to London Contractor

Kratos Defense & Security Solutions Inc. has agreed to sell one of its businesses to a London defense and electronics contractor for $265 million, the two companies announced June 1.

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