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General Dynamics Nassco Gets $61.8 Million Navy Award

General Dynamics Nassco said on April 2 that it made the initial cuts of steel on the third ECO tanker to be built for American Petroleum Tankers.

By Brad Graves April 2, 2015 4:14 p.m.   Share
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GA ASI Receives $23.1 Million Air Force Contract

The U.S. Air Force has awarded General Atomics Aeronautical Systems Inc. a second contract in as many days, this time to help improve sensor systems on its Reaper unmanned aircraft.

Air Force Orders 8 More Reapers from General Atomics

The U.S. Air Force ordered eight additional Reaper aircraft from General Atomics Aeronautical Systems Inc., the Pentagon announced on May 20.

Cubic Corp. Reports Q2 Net Loss of $11 Million

Cubic Corp. reported a second quarter net loss of $11 million on net sales of $338.8 million during its second quarter, which ended March 31. The company reported net income of $16.1 million on net sales of $354.4 million in the quarter ending March 31, 2014.

Survey Finds Many Local Manufacturers Expecting Losses From Water Cutbacks

The outlook for San Diego businesses was largely unchanged in April, according to a largely positive forecast from the San Diego Regional Chamber of Commerce, though nearly half of manufacturers polled predicted that impending water usage restrictions would cause them to lose revenue or cut jobs.

Cubic Corp. Receives $1.7 Million Contract

Cubic Corp. has a buyer for some of its next-generation military communications gear.

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General Atomics ASI Awarded 2 Defense Contracts

General Atomics Aeronautical Systems Inc., a maker of unmanned aircraft and related electronics, recently received one contract each from its U.S. Army and U.S. Air Force customers.

LRAD Corp. Reports Q2 Net Income of $291,000

LRAD Corp., the publicly traded maker of high-volume sound equipment for governments and militaries, reported net income of $291,000 on revenues of $4.49 million for its second quarter, which ended March 31.

Novatel Reports Q1 Net Loss of $7.8 Million

Novatel Wireless Inc., the Sorrento Mesa electronics maker, reported a net loss of $7.8 million on net revenues of $53.5 million during the first quarter of 2015. That compares with a net loss of nearly $9 million on net revenues of $48.3 million in the same quarter of 2014.

Aethlon Medical Withdraws S-1 Registration Statement

Aethlon Medical Inc. announced Monday that it has withdrawn its registration statement on Form S-1 originally filed April 17 with the Securities and Exchange Commission.

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New Nursing Facility A Big Asset for USD

MEDICINE: Opens Door for Research, Business Prospects

The University of San Diego is building a research facility on campus that will not only benefit faculty and students, but serve as a resource for local health care companies.

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Cohu Reports Q1 Results

Industrial electronics maker Cohu Inc. reported a net loss of $2.7 million on net sales of $68.1 million for the first quarter of 2015.

General Dynamics Nassco Awarded $31.8 Million Navy Contract

The U.S. Navy awarded a $31.8 million contract to General Dynamics Nassco to perform post-shakedown work on one of its newest ships, the USS America.

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Pool of Possibilities

Spa Manufacturer Watkins Expands Into Aquatic Fitness, Will Leverage Its Dealer Network

With its acquisition in March of Endless Pools Inc., Vista-based Watkins Manufacturing Corp. is expanding into new markets with products that complement its hot tub business.

Callaway Golf Reports Q1 Net Income of $35.8 Million

Carlsbad-based Callaway Golf Co. reported net income of $35.8 million on net sales of $284.2 million for the first quarter of 2015.

General Dynamics Nassco Gets One-Year Navy Contract Worth $24.2M

The Pentagon announced April 21 that the U.S. Navy awarded General Dynamics Nassco a one-year, $24.2 million contract to sustain Littoral Combat Ships in the port of San Diego.