Cubic Corp. reported net income of $6.3 million on net sales of $296.2 million for its third quarter, which ended June 30.
A just-passed, 1,322-page spending bill will let the U.S. Navy buy its fourth next-generation aircraft carrier, more Triton unmanned aircraft, a ship that doubles as an offshore military base and much more.
Cubic Corp. has acquired the assets of a small business that builds unmanned aircraft.
Two aircraft carriers will continue to call San Diego home following changes announced by the U.S. Navy on Aug. 2.
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.
The U.S. Navy awarded Austal USA LLC a $14.8 million award to support the post-shakedown availability of the USS Tulsa, a littoral combat ship.
Huntington Ingalls Industries, which runs a U.S. Navy ship repair business in Barrio Logan, anticipates laying off 60 workers on Aug. 3, a spokeswoman said.
Shipbuilder Austal USA recently expanded its local presence, moving to a National City location that will eventually support more than 200 employees.
Designing a microchip can take years. A team that includes UC San Diego and Qualcomm Inc. hopes to accomplish the feat in 24 hours, using computers and a new set of tools.
It was a first: a remotely piloted aircraft from General Atomics Aeronautical Systems Inc. crossed the Atlantic solo in mid-July.
Kratos Defense & Security Solutions Inc. said on July 17 that the U.S. Navy plans to award it contracts for up to 60 BQM-177A surface-launched aerial targets.
U.S. Secretary of Energy Rick Perry toured General Atomics facilities in San Diego and Poway on July 18, the company announced.
Kratos Defense & Security Solutions Inc. announced on July 19 that it received a U.S. Air Force contract covering three lots of its BQM-167A high-performance, jet-powered unmanned aerial target drone systems.
Kratos Defense & Security Solutions Inc. announced the receipt of multiple contracts on July 16.