San Diego Business Journal

SD DEFENSE

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

Kratos Plans to Sell $50 Million in Stock Offering

Kratos Defense & Security Solutions Inc. said on Nov. 17 that it plans to sell more stock. The corporation plans to sell up to $50 million to fund the company’s high-performance unmanned combat aerial system program, and to pay down debt, CEO Eric DeMarco said via email.

Mission Change Comes With Name Change for Drone

The fiercely named Predator has drawn another humanitarian assignment. General Atomics Aeronautical Systems Inc. announced that it is making a company-owned and operated Predator C aircraft available for humanitarian aid missions.

Kratos Gets $17.8 Million Contract for Drones

Kratos Defense & Security Solutions Inc. said on Nov. 16 that it received a $17.8 million contract for target drones.

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GA-ASI Makes Unmanned Predator Available for Humanitarian Missions

General Atomics Aeronautical Systems Inc. announced that it is making a company owned and operated Predator C aircraft available for humanitarian aid missions.

Sodhexo Management Picked to Provide Food Service for U.S. Marine Corps

If you’re a Marine, early November is a time for cake. One of the service’s enduring traditions is celebrating its birthday.

Three Small Businesses Selected to Compete for Navy Contracts

Three small businesses have received U.S. Navy contracts to provide commercial industrial services and interior preservation services on Navy ships in San Diego.

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Updated Jet-Powered Predator Aircraft Makes Virgin Flight

A new, larger model of General Atomics Aeronautical Systems Inc.’s Predator C Avenger aircraft made its first flight on Oct. 27, the company said Nov. 10.

Navy Awards Two Contracts to BAE Systems Ship Repair

The U.S. Navy sent BAE Systems Ship Repair a pair of big contracts this week.

SDMAC: Military Grows to 20 Percent of Local Economy

DEFENSE: Annual Report Shows Sector Has Greater Impact Than Tourism

San Diego no longer looks like the military town it was at mid-century, when Horton Plaza was full of sailors, when the Consolidated plant on Pacific Highway turned out military aircraft and when giant radio antennas dominated neighborhoods.

Kratos Reports Q3 Net Revenue of $165.4 Million

Kratos Defense & Security Solutions Inc. reported a GAAP net loss of $23.6 million, or 39 cents per share, on revenue of $165.4 million during its third quarter, which ended Sept. 25.

Navy Awards Northrop Grumman Corp. $10.4 Million Contract

The U.S. Navy awarded Northrop Grumman Corp. a $10.4 million contract modification to produce one additional Fire Scout unmanned helicopter, using 2017 funds. The larger of the two Fire Scout models, the MQ-8C is a Bell model 407 helicopter modified to operate autonomously. One third of the work will be performed in San Diego.

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.