Reporter & Special Sections Editor
NONPROFIT: Export Assistance Available Through Program; Application Deadline Is Nov. 15
San Diego small businesses have a new opportunity to enter the sprawling marketplace that is the world.
Navy Awards $25.6 Million Contract to Improve the Building Process
The U.S. Navy awarded General Dynamics NASSCO a $25.6 million modification to previously awarded contract for additional special studies and cost reduction implementation studies in support of the John Lewis-class fleet replenishment oiler ships.
Contractor Makes Aircraft Launch and Arresting Systems
General Atomics’ aircraft launch and recovery machinery on board the USS Gerald R. Ford came through U.S. Navy shock trials and performed as designed, the San Diego business announced early this month.
TECHNOLOGY: Students Use Defense Product to Assess Fire Danger
When high school students near Denver wanted to study how fire-prone their part of the country was, they tapped a group of technical specialists 1,000 miles away at BAE Systems for help.
Feeding San Diego has announced the launch of Cross Out Hunger, a campaign that calls attention to the issue of hunger in San Diego County during Hunger Action Month.
U.S. Air Force Contract Is Worth $338 Million
The U.S. Air Force awarded Kratos Defense & Security Solutions Inc. a $338.1 million contract for subscale aerial targets.
Goal Is to Produce Advanced Microchips on U.S. Soil
The U.S. Department of Defense has tapped Qualcomm Inc. and Intel Corp. to help it produce advanced microchips in the United States.
TECH: Designer of Electric Vehicles Hires Vice President of Production
Aptera Motors Corp., the Sorrento Valley company that hopes to mass-produce a three-wheeled electric vehicle that can be powered by the sun, announced a new hire recently. The business brought Pablo Ucar on board as vice president of production and procurement.
DEFENSE: Valuation Now Exceeds $1 Billion
Defense tech specialist Shield AI reached unicorn status late this summer as $225 million in Series D funding pushed the company’s valuation above the $1 billion threshold.
SDBJ's Best Places to Work 2021 Medium Business Winners
Nth Generation can best be described as a people-first company. In addition to delivering its best for its clients, the business puts a lot of effort into its employees.
TECHNOLOGY: Co. Acquires Lessonly, Closes $170 Million Series G Round
Seismic Inc., the Carmel Valley company that offers software for sales professionals, said earlier this month that it has acquired Indianapolis-based training software maker Lessonly for undisclosed terms.
Air Force Program Allows Unmanned Aircraft to Fly With Piloted Counterparts
Kratos Defense and General Atomics Aeronautical Systems both received contracts for the Skyborg Vanguard unmanned aircraft project, which has taken its next steps toward becoming a program of record as soon as 2023.
RETAIL: Corporation Says It Has Pumped $2.3 Billion Directly Into Local Economy
Amazon.com Inc. (Nasdaq: AMZN) recently offered some hard numbers about its impact on the San Diego region and the San Diego economy.
RETAIL: Corporation Lifts Annual Guidance to at Least $5.6 Billion
Petco Health and Wellness Co. Inc. (Nasdaq: WOOF), the Rancho Bernardo-based pet supply retailer and services supplier, announced net income of $75.1 million on revenue of $1.43 billion for its second quarter, which ended July 31.
The PNC Financial Services Group Inc. (NYSE: PNC) is committing $20 billion over five years in support of environmental finance. The commitment will inform its choice of lending and financing activities.
Austal, Epsilon, Continental Maritime to Split as Much as $345 Million
The U.S. Navy awarded Austal USA, Epsilon Systems Solutions Inc. and Continental Maritime of San Diego LLC indefinite delivery, indefinite quantity, multiple award contracts to support sustainment execution efforts for Littoral Combat Ships homeported in San Diego.
Company Awaits Contract To Equip a Fourth Flattop
General Atomics’ Electromagnetic Systems business unit continues on-time deliveries of its novel launch and recovery equipment for the U.S. Navy’s next-generation aircraft carriers, with more than 97% of the gear delivered for the second carrier and more than 25% delivered for the third.
TECH: Satellite Services Co. Forecasts Top Line Growth Through Early 2023
Satellite services company Viasat Inc. (Nasdaq: VSAT) posted record revenue of $664.9 million in the quarter ending June 30, the first quarter of its 2022 fiscal year.
ENERGY: Capital Expenditures for Oncor Unit Rise to $14 Billion in 2022-2026
Sempra (NYSE: SRE), the energy company with a major focus on transmission and distribution in the southwestern United States, earned $424 million on revenue of $2.74 billion during its second quarter ended June 30.
TECH: Products Report Temperature, Location
Wiliot has secured $200 million in venture capital to build its business of connecting everyday things.
Fleet Replenishment Oiler Will Be First of Many Built in Barrio Logan
General Dynamics NASSCO’s fleet replenishment oiler program for the U.S. Navy passed a milestone in mid-July with the christening of the first ship in the class, the USNS John Lewis.
U.K. Increases Order to 16; First Netherlands Aircraft Completed
Unmanned aircraft builder General Atomics Aeronautical Systems Inc. offered updates on two international sales during July.
Through a series of free food distributions called The Together Tour, Feeding San Diego has distributed more than 1 million pounds of food. The distributions are scheduled to continue.
TECH: Will Serve Federal Client With Acquisition
Deloitte increased the size of its San Diego operation by about 30% and augmented its capability in cybersecurity and systems engineering by acquiring privately held Sentek Global in a deal announced on July 26.
AUTOMOTIVE: Goal Is To Grow More Than 10x
San Diego County will need a significant increase in electric vehicle infrastructure — including 155,000 vehicle chargers — to support the state of California’s goal for the number of zero-emission vehicles to be on local streets by the end of the decade.
TECH: Co. Monitors Vehicle Fleets, Drivers
Netradyne Inc., the UTC-area company that provides monitoring tech to Amazon.com delivery vans — and to the vehicles of roughly 1,000 other fleet operators — said in July that it received $150 million in Series C funding.
Former Coronado Base C.O. Takes ‘Navy Mayor’ Post; Bolivar Retires
San Diego has a new “Navy mayor.” Rear Adm. Stephen D. Barnett relieved Rear Adm. Bette Bolivar as commander, Navy Region Southwest during a change of command ceremony on July 16 at Naval Base Coronado.
Cybersecurity Firm to Provide Next-Generation Encryption
Ubiq Security Inc., a cybersecurity startup based in Carmel Valley, announced on July 14 that it received a Small Business Innovation Research (SBIR) grant from the U.S. Army’s Combat Capabilities Development Command.
Remotely Piloted MQ-9 Is Called ‘Reaper’ by Other Militaries
The U.S. Air Force awarded General Atomics Aeronautical Systems Inc. a $79.4 million delivery order to a previously awarded indefinite-delivery, indefinite-quantity contract for the France MQ-9 Block 5 aircraft procurement program.
TECHNOLOGY: Business, Federal Lab Plan to Scale Experiment Dramatically
Little Italy-based Oberon Fuels has teamed up with Los Alamos National Laboratory to create a new way to distribute hydrogen fuel for the tanks of futuristic vehicles.
TECHNOLOGY: Goal Is to Help Military Connect ‘Any Sensor With Any Shooter’
Northrop Grumman Corp. (NYSE: NOC) stood up a new division in San Diego this year, with a focus on advanced military radio communications.
Nordson’s Expansive Plant Set to Produce Soldering Machines
Factory equipment maker Nordson Corp. (Nasdaq: NDSN) is moving certain operations from the Pacific Northwest to Carlsbad, a location where it already employs 600 people.
USS San Diego Pauses for Maintenance, Modernization and Repair
The U.S. Navy awarded BAE Systems San Diego Ship Repair a $90.3 million firm-fixed-price contract for shipyard work on the USS San Diego.
The Rev. Joe Carroll, better known to San Diegans as Father Joe, died early in the morning of July 11 at age 80.
UTILITIES: 2022 Forecast Is Bigger Still
Sempra Energy (NYSE: SRE) made several statements about its future when it held its investor day at the end of June.
HEALTHCARE: Pact Benefits Kaiser’s 185,000 North County Members
Medical options for North County residents are changing with a new deal between Kaiser Permanente San Diego and Oceanside’s Tri-City Medical Center.
HEALTHCARE: Business Fills Marketing, Revenue Cycle Management, Credentialing Jobs
Synergy Health Partners, an outsource physician staffing and call management company based in Carmel Mountain Ranch, announced the appointment of several new executives on June 29.
The North San Diego Business Chamber elected a new board of directors for 2021-2022, announcing results on July 8. Stacey Hrountas, CEO of Sharp Rees-Stealy Medical Centers, will be taking the chair role.
Contractor Will Provide Support for Unmanned BAMS-D Aircraft
The U.S. Navy awarded Northrop Grumman Corp.’s San Diego office a $53.8 million cost-plus-fixed-fee contract supporting the RQ-4A Global Hawk Broad Area Maritime Surveillance - Demonstrator (BAMS-D) aircraft.
Sentek Executive’s Side Project Aims to Build Up Workforce
To learn the ins and outs of cybersecurity, a person needs a place to build skills. Eric Basu hopes to supply that place with the Haiku Cyber Range.
TECHNOLOGY: Will Oversee the Expansion of Fifth Generation (5G) Wireless Technology
Cristiano Amon took the job of president and chief executive officer of Qualcomm Inc. (Nasdaq: QCOM) on June 30. He will also take a seat on the board of directors.
TECHNOLOLGY: Employee-Owned Firm Looks Ahead to Liquidity Event
Space Micro Inc., the business in Carmel Mountain Ranch that makes radiation hardened electronics for spacecraft, announced that its board has promoted David Czajkowski to CEO.
SPORT: American Wave Machines and Partners Help Teams Train in Japan
American Wave Machines Inc. has finished its most advanced wave-generating pool yet in a town southwest of Tokyo, just in time for the Summer Olympics.
REAL ESTATE: $420M Sale Signals Bright Future
The $420 million acquisition of four downtown office towers by Regent Properties of Los Angeles with plans to spend $60 million on renovations is seen as a sign that the city’s urban core will emerge from the pandemic as strong as ever.
EDUCATION: Daniel F. Mulvihill Remembered for Early Support; Endowed Chair Created
The Burnham-Moores Center for Real Estate has announced that July 1 will mark the one-year anniversary of the establishment of the University of San Diego School of Business’ Real Estate Department.
HEALTHCARE: Mentors Encourage Youth Leaders to Pursue Career Ambitions, Reach Potential
North County young people are benefiting from a partnership between Tri-City Medical Center and the North San Diego NAACP.
Information Technology Experts Recommend Several Steps for Better Cyber Hygiene
If San Diego business leaders hadn’t paid attention to cybersecurity before, they are paying attention now. “I think we’re finally getting to a point where everyone realizes cyber is everyone’s business,” said Lisa Easterly, president and CEO of San Diego’s Cyber Center of Excellence.
Sector Affects San Diego Like Nine Super Bowls or 23 Comic-Cons; Military Is a Key Driver
San Diego County’s cybersecurity cluster is an economic giant and a growth engine. It accounts for 24,349 jobs across 874 firms, and has a total economic impact of $3.5 billion annually, according to an economic study released late this month.
AT&T Inc. (NYSE: T) has awarded $150,000 to the Asian Business Association of San Diego as part of the corporation’s effort to support California’s Asian American and Pacific Islander community during a challenging time.
General Dynamics Unit to Modernize USS Pinckney Over Two Years
The U.S. Navy awarded General Dynamics NASSCO (NYSE: GD) a $98.7 million contract to modernize the USS Pinckney, an Arleigh Burke class destroyer.