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BEVERAGE: Endorsers, Herbs And Name Target Millennials
Over the past decade, San Diego has become known far and wide for its craft beer industry.
San Diego-based Vital Therapies Inc., a company developing a cell-based therapy to help people suffering from serious liver disease, announced its fourth quarter financial results on March 19, reporting a net loss of about $14 million compared with a net loss of $10.2 million in the same quarter of 2013.
Three target drones with rocket motors from Kratos Defense & Security Solutions Inc. took part in an Aegis Ballistic Missile Defense weapon system test in late February, the company said on March 16.
Vanguard Space Technologies Inc. said on March 16 that it provided the solar array substrates and electromagnetically clean shielding for NASA’s MMS satellite that launched on March 12. Financial terms of the project were not disclosed.
Maxwell Technologies Inc., a local energy storage and power delivery manufacturer, announced that Senior Vice President and Chief Financial Officer Kevin S. Royal will step down from his position during 2015.
RF Industries Ltd. reported sales of $6.9 million for the first quarter ended Jan. 31, 2015, compared with sales of $5.9 million for the like quarter of the previous year.
New Jersey-based medical equipment supplier Becton, Dickinson and Company announced that it completed its acquisition of San Diego-based CareFusion Corp. for $12.2 billion.
General Atomics Aeronautical Systems Inc. received a U.S. Army contract modification worth $132.7 million, the Pentagon said March 16.
Fresh Healthy Vending International Inc., a San Diego-based healthful foods vending franchisor, announced its signing of a new three-year deal with United Natural Foods Inc. offering Fresh Healthy’s franchisees an additional discount on food purchases.
Kratos Defense & Security Solutions Inc. said on March 10 that it received orders worth $4.1 million for specialty electronics that will eventually go in U.S. Navy aircraft.
U.S. Trade Representative Michael Froman and Congressman Scott Peters on Tuesday will visit Ballast Point Brewing and Spirits and Solar Turbines Inc., two San Diego companies they say illustrate how exports and trade unlock economic opportunity for Americans.
Northrop Grumman Corp. said recently that the cost per flight hour for its Global Hawk unmanned aircraft saw a “significant decrease” during 2014, while flight hours rose nearly 40 percent.
Sotera Wireless, the Mira Mesa-based medical device company, said on Feb. 25 that it acquired Reflectance Medical Inc. of Westborough, Mass. for undisclosed terms.
General Dynamics Nassco plans to lay the keel of its first ECO tanker for American Petroleum Tankers with a ceremony Friday at its Barrio Logan shipyard.
Opening the door to potential sales to Spain, General Atomics Aeronautical Systems Inc. announced on March 2 that it is teaming up with SENER, a Spanish engineering firm, to make its Predator B unmanned aircraft available to the government of that European country.