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PRODUCTION: Advanced Manufacturing Is Increasing But Will Its Worker Pool?
The work at Rancho Bernardo’s D&K Engineering isn’t easy to classify.
Kratos Defense & Security Solutions Inc. said on Sept. 16 that its Micro Systems subsidiary received a $4.8 million delivery order from the U.S. Navy for unmanned aerial drone system command-and-control systems and services.
The U.S. Navy said that it awarded General Dynamics Nassco $7 million to cover additional maintenance work on the Wasp-class amphibious assault ship USS Boxer.
Sempra Energy said its Cameron liquefied natural gas plant in Louisiana received final approval from the U.S. Department of Energy, allowing it to export gas to countries that do not have a free trade agreement with the United States.
The U.S. Air Force said on Sept. 10 that it awarded General Atomics Aeronautical Systems Inc. a $40.9 million order to develop requirements description documents for two versions of the Reaper unmanned aircraft system.
Shares of Pulse Electronics Corp., a San Diego manufacturer of electronic components in China, skyrocketed 53 percent on Sept. 9 to $3.10 before falling back to $2.50 as of mid-day Sept. 10.
SGB Inc., a San Diego-based agricultural biotechnology and seed company, closed an $11 million Series C financing round.
San Diego Gas & Electric announced it is seeking between 500 and 800 megawatts of new local resources to help replace the power previously provided by the San Onofre Nuclear Generating Station as well as the retirement of older, coastal power plants, the company said.
WD-40 Co., the San Diego based maker of lubricants and other household products, said it completed the acquisition of the business and assets of GT85 Ltd., a United Kingdom based company that sells multipurpose maintenance products.
The U.S. Navy awarded Huntington Ingalls Industries Inc. a $24.2 million contract modification to cover maintenance, alterations and modifications to the aircraft carrier USS Ronald Reagan.
BST Nano Carbon, a San Diego composites manufacturer, said it has acquired Ellsworth Handcrafted Bicycles, a Ramona bike manufacturer with a national reputation for top-quality mountain bikes.
The U.S. Navy said that it awarded General Dynamics Nassco a $140 million contract modification to cover dry-dock work on the USS Pearl Harbor.
ENERGY: Leasing Of Systems Is Backed By $90M Investment
Equal Earth Inc., a San Diego-based renewable energy company has received $90 million in funding to finance solar panel projects and it appointed digital media pioneer Jay Samit to its board of directors.
ENERGY: Recycled Water, Use of Biogas Result In Cost-Savings
It’s one thing to incorporate sustainable elements into a building to conserve energy. It’s quite another when a new office produces at least as much energy as it uses, creating “net-zero” energy usage.
PHARMA: Arena Says Results May Take A Bit Longer Than Some Like
Arena Pharmaceuticals Inc. has mapped out a plan to overcome heavy spending and stagnant stock values by developing new weight loss formulations and drug compounds to treat a variety issues from autoimmune disorders to nicotine addiction.