The San Diego Military Advisory Council has tapped Mark Balmert to be its new executive director, effective Oct. 1, following the retirement of current Executive Director Randy Bogle.
The U.S. Navy has awarded General Dynamics NASSCO a $218.7 million firm fixed-price contract for shipyard work on the USS Bonhomme Richard.
San Diego-based CalPrivate Bank has received federal approval to open a location in El Segundo, where it will serve the South Bay region of Los Angeles County.
The board of directors at Sempra Energy has named CEO Jeffrey Martin chairman, effective Dec. 1.
A U.S. Navy career gave him a front-row seat to history. Now retired Rear Adm. David M. Thomas Jr. is tending to the fleet.
California Pacific Airlines announced it will begin scheduled service on out of Carlsbad on Nov. 1, with additional flights starting Nov. 15.
The Pentagon has awarded Viasat as much as $560 million worth of work over eight years.
Defense contracting notes, in no particular order: LRAD Corp. said Aug. 23 that it received an $11 million contract to provide acoustic hailing devices to the U.S. Army.
Sempra Energy’s board of directors declared quarterly dividends for three classes of stock on Sept. 6.
Amazon.com Inc. plans to hire 300 high-tech employees in San Diego, more than doubling its technology workforce in the region.
Kratos Defense & Security Solutions Inc. said Sept. 4 that it received a U.S. Navy contract that could be worth as much as $67.5 million over five years.
Cubic Corp. is promoting Michael Knowles to president of its Global Defense business division, as well as corporate senior vice president.
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The National Security Agency has approved one of Viasat Inc.’s handheld military radios for use by Five Eyes partners and coalition military forces.
SPAWAR Systems Center Pacific, the U.S. Navy lab on Point Loma, has put out a call for something new. Its uniformed and civilian staff hope to delve further into new technologies such as artificial intelligence, virtual reality and augmented reality.
The intrepid oceangoing drone called the submaran has more funding.
The U.S. Navy awarded a six-year, $805 million initial contract to build its MQ-25 Stingray aircraft to Boeing Co.
Ajinomoto Althea Inc., the biopharmaceutical contract development and manufacturing company, has opened a 57,000-square-foot manufacturing facility in Sorrento Mesa.
Cubic Corp. has named Prithviraj Banerjee to a newly created seat on its board of directors.
USO San Diego opened a new, 3,800-square-foot headquarters at Liberty Station on Aug. 29.
Cubic Corp. said its Transportation Systems business received a contract from an Australian government agency that could be worth in excess of $35 million.
Inventors with an interest in solar energy will vie for $3 million in prize money as the U.S. Department of Energy kicks off its American-Made Solar Prize competition.
CalPrivate Bank has increased its emphasis on Small Business Administration loans, establishing two separate SBA lending channels.
A U.S. Navy office charged with investigating foreign investment in U.S. companies helped scuttle Broadcom Inc.’s hostile takeover of Qualcomm Inc. in March, a U.S. Navy admiral told a San Diego audience of military and civic leaders on Aug. 22.
The Navy has asked General Dynamics NASSCO for some early help in designing a new class of logistics ship.
Businessman, academic and philanthropist Andrew J. Viterbi has given $50 million to UC San Diego to support its ophthalmology programs.
Kratos Defense & Security Solutions Inc. is among 23 companies selected to compete for U.S. Navy work under a deal the Navy calls Training Systems Contract IV.
A U.S. Navy office charged with investigating foreign investment in U.S. companies helped scuttle Broadcom Corp.’s hostile takeover of Qualcomm Inc. in March, a U.S. Navy admiral said.
General Atomics Electromagnetic Systems received a three-year, $134 million contract from the Pentagon’s Missile Defense Agency.
Cubic Corp. said Aug. 20 that it received a $27 million contract from the Canadian military.
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Shares of Viasat Inc. swooned, dipping 17 percent Aug. 10 after the company released results from the first quarter of its 2019 fiscal year.
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The U.S. Navy awarded General Dynamics NASSCO a $147.7 million contract to modernize the USS Cowpens, a Ticonderoga-class cruiser.
Kratos Defense & Security Solutions Inc. reported a net loss of $7.7 million on revenue of $151.2 million during the company’s second quarter, which ended on July 1.
Maxwell Technologies Inc. said Aug. 13 that it closed a public stock offering of 8,580,000 shares at $3.25 per share.
Cybersecurity software company Fhoosh has named Scott Carter chairman of the board. The company made its announcement Aug. 15.
LRAD Corp. reported a net loss of $80,000 on revenue of $7.5 million in its third quarter, which ended June 30.
General Dynamics NASSCO said it plans to lay off part of its workforce because of a flooding incident in a dry dock in mid-July.
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Turtle Beach Corp., a maker of gaming headsets and accessories, reported net income of $6.3 million on net revenue of $60.8 million.
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Sempra Energy’s plans to build a liquefied natural gas (LNG) export business could get bogged down in a widening U.S.-China trade war, though Sempra CEO Jeff Martin struck a cautious tone while speaking with analysts about the prospect.
Berger, Williams & Reynolds LLP, or BWR, is the new name of the downtown law firm specializing in employment and business litigation.
One day shy of the first anniversary of a fighter jet launching off the USS Gerald R. Ford, the Naval Air Systems Command released a statement saying its General Atomics aircraft-handling machinery is progressing through a comprehensive test program.
Viasat Inc. recorded a higher net loss — and higher revenues — in its latest quarter.
NuVasive Inc. said Aug. 9 that it has formed a strategic partnership with Germany-based Siemens Healthineers.
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Naysayers are nothing new for General Atomics. While others say nuclear power is on the decline, the privately held company is betting on a vision of small reactors cooled by helium gas.
Cubic Corp. reported net income of $6.3 million on net sales of $296.2 million for its third quarter, which ended June 30.
Sempra Energy subsidiary SoCalGas announced on Aug. 8 that it will settle certain legal claims against it stemming from the leak at the Aliso Canyon natural gas storage facility.
Inseego Corp. said Aug. 6 that it received a private placement of $19.7 million from an affiliate of Tavistock Group as well as North Sound Partners.