San Diego Business Journal


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

Navy Awards Contract Worth $83 Million to NASSCO

General Dynamics NASSCO received a U.S. Navy contract to provide depot-level maintenance to the USS Boxer.

Potential 700 Layoffs at General Dynamics NASSCO

San Diego shipbuilder General Dynamics NASSCO is warning 700 employees that they may be laid off in January, a company spokesman said Oct. 25.

GA ASI Gets $310 Million Army Contract

The U.S. Army awarded General Atomics Aeronautical Systems Inc. a $310 million contract for one year of logistics to sustain the Army’s Gray Eagle unmanned aircraft.

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New, Advanced Arresting Gear for Carriers Gets Its First Jet

New, Advanced Arresting Gear for Carriers Gets Its First Jet Its technology bound for a new generation of aircraft carriers, General Atomics’ advanced arresting gear trapped its first jet on Oct. 13. The contractor and its U.S. Navy partner are still taking baby steps with their new technology, so the trap was on dry land (specifically a runway in Lakehurst, N.J.) rather than the moving deck of a ship at sea. Video released by the Naval Air Systems Command, aka NAVAIR, showed a gray F/A-18E Super Hornet touching down, dragging its tail hook along the ground, catching a cable stretched across the runway, and making a quick stop as the cable — connected to the GA arresting gear — absorbed all the energy of a flying jet.

Navy Awards Poway Company Five-Year, $35.7 Million Contract

A new U.S. Navy contract may be worth up to $35.7 million for a Poway-based company.

New DoD Tech Office Awards Kratos $12.6 Million Contract

San Diego-based Kratos Defense & Security Solutions Inc. said it received a $12.6 million single-award prime contract to integrate sensors into an unmanned aerial vehicle.

Sempra and Government Officials Dedicate Solar Facility to Serve Marines, Navy

Representatives of Sempra U.S. Gas & Power joined U.S. Department of the Navy and Department of Energy officials Oct. 14 in dedicating a 210-megawatt-DC solar facility near Phoenix that will provide one-third of the power for 14 Navy and Marine Corps installations in California.

Shares Fall After Cubic Corp. Lowers Sales/Earnings Estimates

Shares in Cubic Corp. fell 11 percent to close at $40.03 on Oct. 13 after the company said it expected lower-than-expected sales and earnings for the year.

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Navy Secretary to Address S.D. Defense Contractors, Military Leaders

Navy Secretary Ray Mabus will speak before an audience of defense contractors and military leaders next week in San Diego.

SPAWAR Awards $20 Million Contract to Cubic Corp.

Cubic Corp. said on Oct. 10 that it received a task order from San Diego-based SPAWAR Systems Center Pacific that could be worth up to $20 million.

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UAVs’ Eyes in the Sky About to Improve With New Sensors

Northrop Grumman Corp.’s Global Hawk high-altitude unmanned aircraft will carry a sophisticated, hawk-eyed sensor aloft by late 2017. Sensor builder UTC Aerospace Systems — a unit of United Technologies Corp. — made the announcement in mid-September.

NASSCO Wins $106.2 Million Navy Contract

The U.S. Navy said that it awarded General Dynamics NASSCO a $106.2 million contract modification to buy materials for a fifth Expeditionary Mobile Base ship, and to support its construction.

Cubic Corp. to Share Five-Year, $5.75B Government Contract

Cubic Corp. said it is one of 109 companies that will share in $5.75 billion worth of work from the federal General Services Administration over the next five years.

Harper Construction Co. Awarded $33.8M Army Contract

The U.S. Army awarded Harper Construction Co. Inc. a fixed-price, $33.8 million contract to design and build a depot maintenance dock hangar. Work will run through September 2018.

Kratos Receives $17 Million Contract

San Diego-based Kratos Defense & Security Solutions Inc. said that its Technology and Training Solutions unit received $17 million in contract awards. Kratos (Nasdaq: KTOS) did not name the client or clients and offered no contract details.