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.
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.
San Diego County stands to get approximately $450 million worth of work from the Pentagon’s latest order for F-35 Lightning II aircraft, also known as the Joint Strike Fighter. The main beneficiary is Northrop Grumman.
San Diego-based Calpine Energy Solutions LLC received a three-year, $67.3 million contract to deliver retail electricity and ancillary services to U.S. Navy bases in Illinois, Pennsylvania, Maryland and California.
DEFENSE: Study Forecasts Additional 3.7% Growth In Fiscal 2019
Sailors and Marines. Ships, aircraft and military machinery. That is San Diego, yesterday and today.
DEFENSE: Knowing Inside Machinations Helps in Planning
Every year, San Diego defense and aerospace companies spend six-figure sums on lobbyists, who represent their clients before government leaders in Washington, D.C.
Kratos Defense and Security Solutions Inc., which builds electronics and drones, reported net income of $1.7 million, or 2 cents per share, on total revenues of $159.4 million in the third quarter.
Viasat Inc. plans to deliver artificial intelligence and machine learning to soldiers on the battlefield. The question I had was why.
Viasat Inc. saw its second quarter revenue grow to $517.5 million from $393.1 million in the same quarter one year ago, an increase of 31.6 percent. Shares rose 11 percent.
Kratos Defense and Security Solutions Inc. said on Oct. 30 that it received a sole-source contract for C5ISR equipment worth approximately $40 million. The military abbreviation stands for command, control, communications, computing, combat, intelligence, surveillance and reconnaissance.
The U.S. Navy awarded Huntington Ingalls Industries a $44.8 million contract for shipyard work to the USS O’Kane, an Arleigh Burke-class destroyer.
Grace Lee will take the post of chief human resources and diversity officer at Cubic Corp. on Oct. 29.
Northrop Grumman Corp. is seeing growth in its Triton unmanned aircraft program.
General Atomics said it received a contract from the U.S. Special Operations Command to deliver prototype lithium-ion battery systems for manned submersibles. The company is supplying what it calls LiFT, or lithium-ion fault-tolerant battery systems.
DEFENSE: Viasat Gets System in Hands Of Troops in 17 Months
Viasat Inc. did not take the conventional path to developing the handheld radio known as BATS-D, which soldiers on the ground use to call in airstrikes on enemy positions.