Brad Graves

Reporter & Special Sections Editor

Email: bradg@sdbj.com
Phone: 858-277-6359 Extension: 3102

Recent Stories

GA-ASI Wins Aircraft Support Deals; Northrop Grumman to Build Tritons

Both Stand to Gain Hundreds of Millions of Dollars

The following are selected defense contracts awarded to San Diego County companies in December.

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Top Transportation Executive to Leave Cubic

Matt Cole, the executive who has led Cubic Corp.’s transportation business unit since 2015, plans to leave the company, the Kearny Mesa business announced Jan. 7.

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Viasat Rolls Out Residential Internet Service in Mexico

COMMUNICATIONS: Already in Brazil, Co. Sets Sights on Rest of Latin America

Viasat Inc. plans to dramatically expand its residential internet service in Mexico and Brazil during the coming year.

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Regulators Mull Cost of Capital for Sempra Units

ENERGY: SDG&E Asks for $12.38% But Given 10.2%

State utility regulators ruled last month that profit margins at San Diego Gas & Electric Co. and Southern California Gas should remain the same.

Soltek Pacific To Build Camp Pendleton Clinic

$27.1 Million Task Order Will Fund Work Through Spring of 2022

The following are selected defense contracts awarded to San Diego County companies in December.

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Sempra Starts Second LNG Production Line in Louisiana

Sempra LNG announced in late December that the second train, or production line, of its Cameron LNG plant in Louisiana has begun its work of converting natural gas to a liquid state for export.

Defense Bills Reach Their Final Forms

NASSCO in Line for $607 Million; GA-ASI, Northrop Grumman to See Benefits

Congress spent the weeks before Christmas finalizing the 2020 Defense Department budget.

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List of San Diego 500 Icons Grows This Year

LEADERSHIP: Business and Civic Leaders Made Lasting Changes

How did we get here? San Diego’s unique economy — a distinct blend of tech, military and Southern California lifestyle — was built by market forces. And some farsighted and charismatic individuals.

Northrop Grumman Receives Contract To Upgrade Fire Scout Electronics

Navy Is Studying How to Equip Aircraft With Weapons

The following are selected defense contracts awarded to San Diego County companies in November and December.

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Cubic Acquisitions Face a Common Foe: Traffic Congestion

TECHNOLOGY: Trio of Businesses Pursues Market Worth Tens of Billions

It has been roughly one year since Cubic Corp. brought aboard a couple of large acquisitions in the traffic management space.

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Qualcomm Predicts 5G Devices Will Be Available in Q1 2020

Co. Rolls Out Premium and High-Tier Chips for 5G

Qualcomm Inc. introduced a trio of chips for fifth-generation (5G) mobile devices at its 2019 Snapdragon Tech Summit earlier this month.

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Startup San Diego Names Top Executive

Startup San Diego has named Alexa-Rae Navarro as its executive director.

Northrop Grumman Pursues Jammer Deal

DEFENSE: State Dept. OKs Anti-IED Systems for Australia

Northrop Grumman Corp. is lining up an overseas order for its battlefield signal jammers, which the company designs and builds in San Diego.

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Raytheon to Tend Shipboard Networks

Contract Has $75M Ceiling; Most of Work to Be Local

The following are selected defense contracts awarded to San Diego County companies in November and December.

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San Diego’s Biggest Hotels Range From Bayside to Backcountry Venues

TOURISM: Forty Largest Hotels Are Not Cut From Same Cloth

This week’s list takes a measuring stick to San Diego’s hotel industry.

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General Atomics to Operate Fusion Reactor For 5 Additional Years

U.S. Department of Energy, Academic Researchers Pool Resources and Talents

General Atomics is getting five more years of federal funding to operate its experimental nuclear fusion reactor in Sorrento Valley.

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Centurum IT Poised To Support Satellite Communications

Deal Could Extend 5 Years And Maxes Out at $59.4M

The following are selected defense contracts awarded to San Diego County companies in November.

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Cubic Widens Its Capabilities With Delerrok and Pixia Acquisitions

Transit Provider Delerrok Is Based in Vista

Cubic Corp. CEO Brad Feldmann has his acquisition machine running.

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Tech Coast Angels Invest Again In Mercato and Discover Echo

FINANCE: $2.1M Split; ACE Fund Put Into Play

The deals, announced in late November, bring the number of million-dollar investments by Tech Coast Angels’s San Diego chapter to four.

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Tech Coast Angels Invests Again in Mercato and Discover Echo

Tech Coast Angels-San Diego is increasing its investment in two local companies: Mercato, the delivery startup for independent grocers, and Discover Echo, the microscope maker formerly known as Echo Labs. Mercato received an additional $1.1 million while Discover Echo received $1 million.

BAE Systems, Huntington Ingalls and NASSCO to Divide Shipyard Funds

$299M Added to Ship Repair Effort in Fiscal 2020

The U.S. Navy increased the overall amount of funding to repair certain surface ships in the Port of San Diego.

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Getting a Seat at the Table: How Women Can Position Themselves to Get on Boards

LEADERSHIP: Event Speaker, Carrie Stone, Offers Pointers To Aspiring Directors

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Cubic Corp. Closes Out a $1.5B Year, Stock Tumbles

Co. Announces 2 Acquisitions, Offers Fiscal 2020 Guidance

Defense and transportation electronics specialist Cubic Corp. finished its 2019 fiscal year with revenue of slightly less than $1.5 billion.

Bumble Bee to Be Sold for $925M, Files for Bankruptcy

San Diego-based Bumble Bee Seafoods filed for Chapter 11 bankruptcy protection, saying in a statement that the move was a first step in selling the business. FCF Co. Ltd. has agreed to buy it for $925 million.

New Name Is a Look to the Future, Says Genasys CEO

ELECTRONICS: Co. Formerly Known as LRAD to Keep Legacy Products

The Rancho Bernardo company named for its Long Range Acoustic Device, or LRAD, decided it had outlived its name and has taken the final step to change it.

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Kratos Defense Has $184M in Revenue In its Third Quarter

Valkyrie Drone Contract to Follow DoD Budget Approval

Defense contractor Kratos Defense & Security Solutions Inc. broke even during its recently completed third quarter, when it saw revenue increase 16%.

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Viasat Q2 Revenue Up 14% Over Same Quarter Last Year

Government Systems, Satellite Services Propel the Growth

Satellite services provider Viasat Inc. broke even during the second quarter of its fiscal year.

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Business Journal Staff Wins 18 Awards, Whitlock Best in Show

MEDIA: San Diego Press Club Honors Series on Region’s Psychiatric System

The San Diego Business Journal won 18 journalism awards — including Best in Show.

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Incubator Program Hosts Firms Focused on Maritime Environment

BLUE ECONOMY: Port of San Diego Offers Funds and Other Help

One driving force behind San Diego’s blue economy is local government, specifically the Port of San Diego.

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Swimming Robots Scoop Up Data, Generate Revenue

BLUE TECH: San Diego Companies Have Diverse Product Lines

A sea lion or a penguin can be clumsy on dry land. Get one in the water, however, and it moves with remarkable speed, agility and grace — like it belongs there.

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Sempra Energy Revenue, Net Income Rise as Co. Adjusts Business Model

Capital Improvements Plan for Texas Utility Grows

Sempra Energy, the San Diego-based energy infrastructure company, reported profits of $813 million during the third quarter.

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Sodexo Receives Food Service Deal For U.S. Marines

$116.5M Award Covers Bases Inside, Outside of San Diego

The following are selected defense contracts awarded to San Diego County companies in October and November.

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Mitsui & Co. Signs Preliminary Deal for More Sempra LNG

New Pact Covers Expansions In Louisiana, Baja California

Sempra Energy has a potential customer for not one, but two of the liquefied natural gas (LNG) export projects on its drawing board.

Cubic to Provide GATR Communication Dishes to U.S. Marines

Contract Vehicle Has Ceiling Of $325M and Runs to 2029

The following are selected defense contracts awarded to San Diego County companies in September and October.

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Viasat Taps Into Advertising Potential Of Aircraft Internet

Co. Continues to Install Its In-Flight Connectivity Service

Talk about a captive audience. Consider the people sitting on a commercial airline flight, whiling away the hours with the in-flight entertainment system.

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10-Year Ride for Long-Endurance Aircraft

DEFENSE: Air Force Extends Northrop Grumman Contract

Northrop Grumman Corp. is in line for billions of dollars’ worth of work on its Global Hawk unmanned high-altitude spy aircraft program over the next 10 years.

Altium Gets Bigger As Printed Circuit Boards Get Smaller

Electronics Design Software Firm Has Worldwide Reach

There is a science to designing an electronic circuit.

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Tracking Solutions Put Cos. in Control

TECH: Blue Sky Also Delivers Data to Support Various Missions

A map showing Africa appears on the large-screen television at Blue Sky Network in Mission Valley. It offers a unique perspective of the continent.

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Business Women of the Year, Purchase Tickets before November 13

EVENTS: Luncheon Topics to Include Board Qualifications, Mentoring

Like many of us, Patti Roscoe has a story of observing San Diego as a tourist and coming the live here as a resident.

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Navy’s IT Arm Awards $1.56B in Deals

NAVWAR Oversees Cybersecurity, Employs 5,200

Like planets around a star, businesses congregate around U.S. military facilities and acquisition commands.

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Whiting-Turner Gets $85M Building Deal

SEAL Campus Construction Effort May Grow to $107M

The following are selected defense contracts awarded to San Diego County companies in September.

Company Pays $2.23B for Sempra’s Business in Chile

ACQUISITION: Sale Part of Focus On North America

Sempra Energy has agreed to sell its power businesses in Chile to a Chinese company for $2.23 billion in cash.

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The $51 Billion Military Asset

DEFENSE: San Diego’s Defense Role Brings a Giant Economic Impact

The Defense Department pumped an estimated $28.1 billion into the San Diego County economy.

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RQ Construction Gets $71M Barracks Project in Cuba

Work at Guantanamo Bay To Last Through 2022

The following are selected defense contracts awarded to San Diego County companies in September and October.

NASA, General Atomics Aeronautical To Fly UAS Over San Diego in 2020

Commercial Uses for Unmanned Aircraft Eyed

There comes a moment when military technology gets repurposed for civilian roles.

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Made in San Diego, Deployed Worldwide

MANUFACTURING: Area Firms Fill Pentagon’s Varied Requirements

Much of San Diego’s sizable manufacturing capacity goes to support the Department of Defense.

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Citadel Defense Sells Anti-Drone Tech to Border Agency

Electronics Force Quadcopters To Land; Deal Exceeds $1M

Frequently, federal contracts valued at less than $7 million go unreported. The following are several contract announcements from government vendors.

General Atomics Gets $42M Contract for Hypersonics Work

Projectiles Engineered to Move at Mach 5, or Faster

The following are selected defense contracts awarded to San Diego County companies in September.

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RF Industries Reports Net Income of $1M During Third Quarter

Acquisition of C Enterprises Increases Revenue Picture

RF Industries reported net income of $1.0 million, or 11 cents per diluted share, on net sales of $15.5 million during its third quarter.

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Sempra Energy to Sell Peru Business for $3.59B

ENERGY: Chinese Buyer Takes First Step To Import U.S. LNG

Sempra Energy is weighing options for the $3.59 billion in cash it expects to receive through the sale of its interest in a South American electric utility.

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