The San Diego Stock Index fell nearly 40 percent in 2008, according to Bloomberg data -- its most precipitous decline in decades.
Overall, 2008 was kind to the defense industry in San Diego. And so far, 2009 -- and even 2010 -- is looking promising.
The Air Force awarded a contract to the General Atomics Aeronautical Systems (GA-ASI), San Diego, for $42,638,374.
L-3 Communications Vertex Aerospace LLC, Madison, Miss., is being awarded a $10,400,000 modification to a previously awarded indefinite delivery, indefinite quantity delivery order contract.
Indus Technology Inc. announced that, as a subcontractor to Syncrotech Software Corp., it was awarded a five-year task order under the Seaport-e contract worth approximately $1 million when all options are exercised.
Veterans account for 30 percent of employees of the Department of Veterans Affairs (VA) -- the second highest ranking among cabinet departments after the Department of Defense. And nearly 8 percent of VA employees are service-connected disabled veterans.
More than 1,000 guests from the 31st annual Pacific Life Holiday Bowl joined Sailors and Marines aboard USS Bonhomme Richard (LHD 6) on Sunday for the annual Navy and Marine Corps Luncheon.
Indus Technology Inc. was awarded a five-year task order under its Seaport-e contract worth approximately $5.9 million when all options are exercised.
The Navy and several plaintiffs entered into a settlement agreement to resolve a worldwide challenge to the Navy's testing and training with mid-frequency active sonar.
Service-disabled and low-income veterans who are reimbursed for travel expenses while receiving care at Department of Veterans Affairs (VA) facilities will see an increase in their payments beginning Jan. 9.