SD DEFENSE
Recent and archived news stories on: Arms, Contractors, Government, Military, Research, Development, Systems, Veterans...
Mattis: Military Needs Sustained Funds, High-Tech Tools
Defense Secretary James Mattis called for continued, robust defense spending during a Dec. 1 appearance at the Ronald Reagan Presidential Library in Simi Valley, and appealed for help from California’s advanced technology sector. I
BAE Systems Wins $79M Ship Repair Contract
The U.S. Navy awarded BAE Systems San Diego Ship Repair in Barrio Logan a $78.8 million fixed-price contract to maintain, modernize and repair the USS Shoup.
UTC Unit Moving Work to Mexicali; 300 Layoffs Expected
2020 will be the end of an era as manufacturing at Chula Vista’s major aerospace plant — now overseen by the Collins Aerospace unit of United Technologies Corp. — winds down.
GA-ASI to Sustain French Reaper Aircraft
The U.S. Air Force, acting on behalf of the French Air Force, awarded General Atomics Aeronautical Systems Inc. a one-year, $26.7 million contract for logistics support for France’s MQ-9 Reaper remotely piloted aircraft.
Army Certifies Viasat Communication Electronics
Viasat Inc. reported Dec. 4 that the U.S. Army has certified one of the company’s modems — the Mobile Broadband Router 4020 — for use on the military’s Wideband Global SATCOM network.
Northrop Grumman Program Survives Self-Inflicted Perils
DEFENSE: BACN Potentially Worth $4.7B For Battlefield Management
An essential communications conduit on the battlefield in Afghanistan. A multibillion-dollar business opportunity. And a channel for fraud. A defense electronics project run out of Northrop Grumman Corp.’s San Diego offices has proven to be all three, and like a character in a novel, it presents a multifaceted and complicated profile.
Foreign Sales Are on Defense Contractors’ Radar
Made in America? That seems to be an old-fashioned idea. The assertion that the United States imports more than it exports seems to hold true when consumers look at their clothes hampers or their electronic gadgets.
Belgium Eyes Aircraft From General Atomics ASI
Another European country is getting in line to buy aircraft from General Atomics Aeronautical Systems Inc. The Poway business said Nov. 19 that the Belgian government wants to begin negotiations on a purchase.
Cubic Prices Follow-on Offering at $60 Per Share
Cubic Corp. priced a follow-on offering of 3.3 million shares of common stock at $60 per share, announcing the move late Nov. 28. Cubic plans to use proceeds to pay for its acquisition of Trafficware.
Japan Global Hawk Program Gets a Boost
The U.S. Air Force awarded Northrop Grumman Corp. a $490 million contract to build three Global Hawk autonomous spy aircraft for Japan under a foreign military sale.
Cubic to Sell More Shares
Cubic Corp. announced on Nov. 26 that it plans to make a follow-on offering of 3.3 million shares of common stock, partially to pay for its October acquisition of Trafficware.
More Big Opportunities Ahead For Cubic’s Transportation Unit
Cubic Corp. scored big wins in fiscal 2018, pulling down contracts for mass-transit fare collection systems in New York, Boston, the San Francisco Bay Area and Brisbane, Australia.
Navy Property Is Prime Space In Search of New Purpose
With its sawtooth roofline and its big, multipaned windows, the old Consolidated aircraft factory looks like something from a black-and-white movie. The U.S. Navy, which owns it, thinks the 48.7 acres beneath it could go to a better use. The same goes for 21.8 acres nearby holding a warehouse and parking lot.
LRAD Makes $3.2M Sale
Rancho Bernardo-based LRAD Corp. said it received a $3.2 million order from the National Guard for an undisclosed number of 100X MAG-HS kits, one of its high-decibel sound systems able to send intelligible communications over very long distances.
Cubic’s Annual Sales Climb to $1.2B
Cubic Corp. closed out its 2018 fiscal year reporting annual net income of $12.3 million on record net sales of $1.2 billion. It said it expects sales to grow in fiscal 2019.
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