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Kratos Defense & Security Solutions Inc. reported net income of $55.1 million on revenue of $161.7 million in its third quarter.
This Wednesday, on Veterans Day, we formally recognize our veteran community for their service. We honor their commitment, sacrifice and bravery in what we hope is a tradition of appreciation engrained in each of us. On behalf of the San Diego Regional Chamber of Commerce, I join in the chorus of gratitude, and ask that our business community collectively not only activate to hire more veterans but change the narrative around their employment.
That sound you might have heard was a collective sigh of relief. The program of deep budget cuts that military contractors feared — otherwise known as sequestration — won’t show its face until 2018 under a compromise struck by Washington lawmakers.
Two U.S. Senators on Wednesday accused the Army National Guard of paying professional sports teams, including the San Diego Chargers, for premium tickets, on-field color guard performances and other instances of “paid patriotism.”
A $10 million federal grant will improve cargo operations through San Diego’s 10th Avenue Marine Terminal, the Port of San Diego said.
The U.S. Navy awarded Vista-based Cox Construction Co. an $11.8 million task order to make various repairs at Naval Base Point Loma over the course of two years.
Northrop Grumman Corp. declined comment Tuesday on whether any work from its newly acquired, $60 billion next-generation stealth bomber contract would flow to San Diego’s defense community.
The U.S. Air Force awarded ViaSat Inc. a $13.2 deal to develop Mini Crypto — electronics that can encode a message to National Security Agency specifications while keeping size, weight and power consumption to a minimum.
General Atomics Aeronautical Systems Inc. has a $19.1 million logistics deal with France, the Pentagon announced on Oct. 26.
The U.S. Army awarded General Atomics Aeronautical Systems Inc. a $38.2 million contract modification covering one year of performance-based logistics support for the Army’s Grey Eagle unmanned aircraft.
As the old year drew to a close, the push at the Defense Department was to get funds obligated before the chimes struck 12.
DEFENSE: Contractor Wins Bids for F-35s And Signal Jammers
Northrop Grumman Corp. sees growth ahead in its military radio business in Kearny Mesa and Carmel Mountain Ranch.
Marathon Construction Corp. of Lakeside and R.E. Staite Engineering Inc. of San Diego were among five contractors receiving up to five years of U.S. Navy construction work, primarily on the West Coast.
Tapestry Solutions Inc. of San Diego received a $7.2 million contract modification from the U.S. Transportation Command on Oct. 1. Under the deal, Tapestry will sustain the current, version 6 of the ICODES cargo transportation planning software.
Cobham recently received approximately $51 million from BAE Systems for microelectronic products for the F-35 Lightning II platform.