DEFENSE: 3 Cos. Coming Together Will Handle Variety of Roles
“Bob, 51 & Brian, 49, will start a company to support Big Safari and make things happen, with planning starting in 2007 and operations in 2008.”
Turtle Beach Corp., a maker of gaming headsets and accessories, reported net income of $6.3 million on net revenue of $60.8 million.
ENERGY: Company Is In ‘Constructive’ Talks With Activist Investors
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.
ENERGY: Company Aims For Less Waste, More Safe, And Less Expensive Model
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.
Encore Textile Services has acquired Emerald Textiles, a San Diego-based health care linen service provider.
TECH: Govt. and Commercial Markets Keep Company Busy
Some days are simply good beach days; a variety of earthly forces align and the waves turn out to be perfect.
AMN Healthcare Services Inc., the San Diego-based health care staffing company, reported net income of $35.5 million on revenue of $558.1 million in the second quarter of 2018.
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.
TECH: Systems Integrator Adept in Cloud, Data Center
The world of enterprise IT — information technology for big organizations — has been very good to one San Diego company.
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.
Australia-based Woodside Petroleum Ltd. will not pursue a partnership with Sempra Energy to develop Sempra’s liquefied natural gas (LNG) terminal in Port Arthur, Texas.
La Jolla Playhouse has named Julia B. Foster director of development.
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.
Shipbuilder Austal USA recently expanded its local presence, moving to a National City location that will eventually support more than 200 employees.
San Diego-based Innovative Employee Solutions announced on July 26 that it is spinning off a business called Fulcrum.
Qualcomm Inc. said it has developed specialized miniature electronics for fifth-generation (or 5G) wireless mobile devices, tackling sizable engineering challenges along the way.
EDUCATION: High Demand Programs Fit National’s Expansion Plans
The National University System announced plans July 17 to acquire Northcentral University, a fully online university specializing in master’s and doctoral degrees.
Atlanta-based One Ring Networks has acquired Skyriver Communications, a San Diego company which uses fixed wireless technology to deliver high-speed communications services.
It was a first: a remotely piloted aircraft from General Atomics Aeronautical Systems Inc. crossed the Atlantic solo in mid-July.
Viasat Inc. (Nasdaq: VSAT) announced in mid-July that two airlines had launched its high-speed in-flight Wi-Fi service.
Suneva Medical Inc. has promoted Patricia Altavilla to chief operating officer.
AVIATION: Five Areas in Region Tapped for Tests; Flights Include Cross-Border
It’s a scenario repeated often in San Diego: a technician needs to send a vial of blood from the clinic where it was drawn to the lab for study.
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.
Polito Eppich Associates LLP has named Jessica Dorsett as a partner.
TECH: Deal Could Close By Year-End; Müller Expected to Remain CEO
The leaders of Poway-based Cohu Inc. saw opportunity when U.S. regulators blocked a Chinese company from acquiring a competitor.
Ashford University received permission from the WASC Senior College and University Commission (WSCUC) to merge with its sister institution, the University of the Rockies.
RETAIL: He Says He Might Have Platform for $1B Company
You can call bamboo wood or you can call it grass. Cali Bamboo continues to grow like the latter.
Kratos Defense & Security Solutions Inc. announced the receipt of multiple contracts on July 16.
Workers at the General Dynamics NASSCO shipyard are cleaning up after one of its dry docks flooded unexpectedly on July 11.
WD-40 Co. reported record high sales and earnings results for its third quarter, which ended May 31.
Kratos Defense & Security Solutions Inc. delivered the first production BQM-177A subsonic aerial target system to its U.S. Navy customer early this week.
Sempra Energy announced July 10 that it plans public offerings of $1.1 billion of common stock as well as $500 million of mandatory convertible preferred stock.
A Sempra Energy subsidiary received a 20-year contract from a port in Sinaloa, Mexico, to build and operate a fuel terminal.
UTILITY: Financials Are Focus As Activists Demand Change
The board of San Diego-based Sempra Energy is evaluating the company’s future in South America, and will make its plans public as soon as February or March.
PriceSmart Inc., the San Diego corporation which operates membership warehouse stores in Latin America and the Caribbean, reported third quarter net income of $18.7 million on total revenue of $782.2 million.