San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

CEO Goes in Some Unusual Directions

On His Path, Commerce Must Intersect With CommunityRyan Sisson wasn’t like the people he surrounded himself with.

By John Cox February 16, 2017 1:51 p.m.   $$ Share

Franklin Wireless Corp. Reports Q2 Net Income of $525,000

Franklin Wireless Corp. reported net income of $525,000 on net sales of $14.4 million during its second quarter, which ended Dec. 31.

Pacific Ship Repair and Fabrication Awarded $17.5M Navy Contract

The U.S. Navy announced Feb. 9 that it awarded San Diego-based Pacific Ship Repair and Fabrication Inc. a $17.5 million contract modification, exercising an option to repair and alter the Arleigh Burke-class destroyer USS Momsen.

LRAD Logs Orders to Chinese, Japanese Customers

LRAD Corp. started the month of February by announcing a group of international orders totaling more than $1 million.

Callaway Golf Posts Q4 Net Income of $123.3 Million

Callaway Golf Co. reported fourth-quarter net income of $123.3 million on net sales of $163.7 million. The business reported its quarterly financial results on Feb. 2.

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Baby Food Maker Raises $3.1 Million in Series A Round

Local baby food upstart Once Upon a Farm has raised $3.1 million in a Series A round, paving the way for the company’s expansion into new regions.

Qualcomm and TDK Launch Joint RF Venture

Qualcomm Inc. is making a splash in the RF, or radio frequency, area of electronics.

Acadia's Stock Gets Boost From Speculation Over Possible Acquisition

The stock of San Diego drugmaker Acadia Pharmaceuticals Inc. is on the rise Feb. 3 following speculation of a takeover bid by Big Pharma AstraZeneca.

GA ASI Gets $11.9 Million Royal Air Force Contract

General Atomics Aeronautical Systems Inc. has a new contract to provide the U.K. Royal Air Force with spare parts and support equipment for the U.K.’s fleet of remotely piloted MQ-9 Reaper aircraft.

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Crafting a Growth Strategy Ahead of Consolidation

There have been a number of recent sales of and investments in high-profile craft breweries in San Diego. The most notable was the sale of Ballast Point Brewing & Spirits to Constellation Brands for $1 billion. Saint Archer Brewing was also sold to MillerCoors for an undisclosed price, and a number of local San Diego craft breweries received investments in the past year, including a $90-million investment by the private equity firm, VMG Partners, in Stone Brewing Co.

SDG&E Partners With Israeli Fuel Cell Manufacturer

San Diego Gas & Electric Co. is working with an Israeli maker of hydrogen-based fuel cells to install back-up power systems at some of the utility’s substations.

Navy Awards Contract to Two S.D. Manufacturers

Two San Diego manufacturers — Delta Group Electronics Inc. and Quality Systems Integrated Corp. — are among three companies that the U.S. Navy tapped for custom fabricated electronic parts. The three will compete for up to $12 million in task orders over two years, according to a Pentagon statement issued Jan. 30.

Navy Gives GA Thumbs Up and $532.6M Contract for New Launch System on Third Carrier

The U.S. Navy awarded General Atomics a half-billion dollar contract to put its electromagnetic aircraft launch system on the third of the Gerald Ford-class aircraft carriers, to be called USS Enterprise.

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Charity Hardwick Named VP at Soundcast

Soundcast announced that it has promoted Charity Hardwick to vice president of sales and marketing.

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Two Local Golf Cos. Land Big-Name Endorsement Deals

Two of the golf industry's major manufacturers, both based in Carlsbad, have signed two of the sport's biggest stars.

Illumina Grows S.D. Footprint with Manufacturing Facility

San Diego’s instrument maker Illumina Inc. has opened a five-story manufacturing facility on its campus, adding to the company’s sizeable footprint in University Town Center.