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The U.S. Navy said July 9 that it awarded BAE Systems San Diego Ship Repair a $15.9 million contract modification to do dry dock work on the Arleigh Burke-class destroyer USS Decatur.
Peter Beetham has taken the CEO’s job at Cibus, the Mira Mesa-based biotech announced July 8.
Eco Building Products Inc., a Vista maker of treated wood products that protect against fire and mold, said it entered into a letter of intent to establish a joint venture with Steelhead Structures, based in Canada.
Borrego Solar Systems Inc., a San Diego designer, financier and installer of solar systems, said it broke ground on the Seneca Solar Projects, an 8.3 megawatt system in Victorville.
The U.S. Air Force said on July 8 that it awarded a downtown San Diego company a contract for landing gear emergency response engineering services with a ceiling of $7.5 million.
Snapdragon processors power smartphones and tablets.
Property was 93 percent occupied when it was sold.
Move comes after one year of being a public company.
The U.S. Navy announced on July 1 that it awarded a $9.1 million contract modification to San Diego-based Pacific Ship Repair and Fabrication Inc. for work on a destroyer in Everett, Wash.
Pulse Electronics Corp., a San Diego-based maker of electronic components, said it has been notified by the New York Stock Exchange that it is not in compliance with the exchange’s minimum listing requirements covering market capitalization.
Beverage: Move Indicative of Competition to Lure Successful Operations
San Diego City Council recently granted $300,000 in development fee reimbursements for expansions underway at Ballast Point Brewing & Sprits and AleSmith Brewing Co., and experts say other communities could eventually deploy similar strategies to attract operators in the fast-growing craft beer industry.
PHARMA: Co. Is Working On Breast Cancer Treatment
Seragon Pharmaceuticals Inc., a privately held San Diego-based drug developer targeting breast cancer treatment, agreed to be acquired by Genentech, a subsidiary of the Roche Group AG, for $725 million in cash plus future payments that could reach $1 billion if specific milestones are reached, the companies announced.
Operations at the Port of San Diego and 28 other West Coast ports were set to continue after a labor contract covering dock workers expired at 5 p.m. July 1.
San Diego-based EDF Renewable Energy said the company has entered into a 20-year power purchase agreement with Great Plains Energy
Bradley Feldmann took over as CEO of Cubic Corp. on July 1 in a planned management transition.