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Novatel Wireless Inc., the San Diego maker of wireless solutions and modems, said it completed an investment transaction for $23.7 million with a subsidiary of HC2 Holdings Inc., a diversified holding company with operating subsidiaries in the United States and the United Kingdom.September 9, 2014 4:05 p.m. Share
The U.S. Navy awarded General Dynamics Nassco a $498.1 million contract modification to build a fourth Mobile Landing Platform ship of the USNS Montford Point class.
The U.S. Navy has awarded a contract to maintain and modernize one of its ships, the USS Wayne E. Meyer.
DEFENSE: Australia, Japan Also Interested In Purchasing Aircraft
Northrop Grumman Corp. just received a contract to sell four unmanned Global Hawk aircraft to the government of South Korea for $657 million in a move that reinforces employment in Rancho Bernardo — Northrop’s program office for the long-winged reconnaissance drone.
DEFENSE: Hagel Made Pitch For Long-Term Investment
Times have changed in the area where defense meets innovation.
The U.S. Navy awarded Raytheon Co. a $26.1 million contract for work on integrated shipboard electronic systems aboard San Antonio-class amphibious transport dock ships.
Cubic Corp. said on Dec. 16 that it acquired DTECH LABS Inc., a Virginia company specializing in radio technology for military, government and commercial customers, for as much as $114.5 million.
Northrop Grumman Corp. sold four Global Hawk unmanned reconnaissance aircraft to South Korea for $657 million.
The U.S. Army said on Dec. 15 that it awarded a contract modification worth $114.6 million to General Atomics Aeronautical Systems Inc.
The people who build remotely piloted aircraft in Poway are also busy developing collision avoidance technology.
Raytheon Co.’s Integrated Defense Systems unit in San Diego received a $38.5 million U.S. Navy contract modification, the Navy announced on Dec. 11.
Kearny Mesa defense contractor Cubic Corp. said on Dec. 9 that it received a $12 million contract amendment to provide urban warfare training aids for the government of Canada.
Kratos Defense & Security Solutions Inc. said on Dec. 8 that one of its subsidiaries received a contract to provide ground electronics to a satellite company in Qatar.
Cubic Corp. said on Dec. 8 that it received a contract to improve U.S. Navy electronics, specifically a data link system that handles video among other types of data. The work could be worth as much as $1.3 million.
President Obama’s Dec. 5 nomination of Ashton Carter to be secretary of defense has attracted commentary from observers inside and outside the Washington beltway. Larry Blumberg, executive director of the San Diego Military Advisory Council, said the nomination might be a good sign.
Northrop Grumman Corp. announced that it delivered the first operational large version of its MQ-8 Fire Scout, an unmanned helicopter, to its U.S. Navy customer.