SD DEFENSE

Recent and archived news stories on: Arms, Contractors, Government, Military, Research, Development, Systems, Veterans...

Kratos Conducts $300M Bond Offering

Kratos Defense & Security Solutions Inc. is selling $300 million worth of bonds to private investors. The University City defense contractor said it plans to use some cash as well as proceeds from the bonds — which are 6.5 percent senior secured notes due 2025 — to retire outstanding 7 percent senior secured notes due 2019.

GA-ASI Awarded Two Military Contracts

The Defense Department announced two contracts for General Atomics Aeronautical Systems Inc.

General Atomics Electromagnetic Systems Receives Defense Contract for Satellite System Work

General Atomics Electromagnetic Systems Inc. said on Dec. 8 that it received a contract to support the U.S. Army’s ARGOS satellite system.

The U.S. Air Force Awards Northrop Grumman Corp. a $58.2M Contract

Work will be performed in San Diego and Qatar.

Pentagon Exercises Option Adding $20.9M to Viasat Deal

The Pentagon bought six months of satellite communication services from Viasat, exercising a $20.9 million option to an existing services contract.

R.A. Burch Construction Gets $22.5M Navy Deal

The U.S. Navy awarded R.A. Burch Construction Co. Inc. a $22.5 million task order for demolition, repair and renovation of buildings at Marine Corps Air Ground Combat Center at Twentynine Palms.

Cobham Gets $39M in Orders From Harris Corp.

Cobham Advanced Electronic Solutions has received some $39 million in orders for radio-frequency microelectronics from defense contractor Harris Corp.

GA-ASI Gets a $17.5M U.S. Air Force Contract

The U.S. Air Force awarded General Atomics Aeronautical Systems Inc. a $17.5 million contract.

Marathon Construction Gets a $9.6M Renovation Contract

The U.S. Navy has awarded Marathon Construction Corp. a $9.6 million task order to renovate Pier 13 at Naval Base San Diego, known informally as the 32nd Street naval station.

GA-EMS New Executive Named

General Atomics Electromagnetic Systems has named Jim Mosquera vice president and chief technology officer.

BAE Systems Gets $8.8M U.S. Navy Contract

The U.S. Navy awarded BAE Systems San Diego Ship Repair an $8.8 million contract modification.

Cubic Corp.'s Q4 Revenue: $445.6 million

Cubic Corp., the defense contractor that has a big footprint in the mass-transit space, reported net income of $13.2 million in its Q4.

Northrop Drops Out of Competition For Aerial Tanker Drone Contract

Northrop Grumman Corp. has walked away from an unmanned aircraft project that it had an excellent chance of winning.

Israeli Co. Buys Chassis Plans

Israel-based Aeronautics Ltd. has acquired Rancho Bernardo-based Chassis Plans, a business that produces ruggedized computers and peripherals. Financial terms were not disclosed. Chassis Plans will stay in its San Diego offices and add to its workforce, said CEO Michael McCormack.

Tease photo

Predator Tries Anti-Submarine Role

General Atomics Aeronautical Systems Inc. said Nov. 13 that one of its unmanned MQ-9 Predator B aircraft participated in an anti-submarine warfare demonstration during war games in mid-October in the ocean west of San Clemente Island.

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