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Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Galpin Unveils $2.5 Million Electric Lotus

Galpin Motors unveiled the world’s most powerful electric car Thursday at its Galpin Lotus dealership in North Hills.

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AeroVironment Wins $45 Million Army Contract for Unmanned Systems

AeroVironment has received a $45 million contract from the Army to produce RQ-11B Raven small unmanned aircraft systems for its security force assistance brigades.

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Capstone Receives Grid Certification in U.K.

Capstone Turbine Corp. has been certified to the United Kingdom Energy Networks Association G99 grid connection standard.

Earnings: Interlink Electronics, Tix Corp.

Interlink Electronics Inc. reported a decrease in earnings and revenue for the second quarter.

Thermo Fisher Consolidates Operations in West Hills

Thermo Fisher Scientific officially launched its transplant diagnostics division in West Hills with a grand opening celebration.

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New NASA Program Yields Work for Aerojet

Aerojet Rocketdyne has been chosen by NASA to be part of a new program to develop capabilities to benefit future space missions.

CRC Shares Plummet After Earnings Miss

California Resources Corp.’s stock price has fallen more than 22 percent since the Chatsworth oil and gas exploration firm released earnings.

Northrop Grumman's Valley Operation Secures $167 Million Contract

Northrop Grumman Corp. has received a $167 million contract from the U.S. Navy to produce Lot 8 of its advanced anti-radiation guided missile system.

Sun Valley Manufacturer to Lay Off More Than 100

AVX Corp. is laying off more than 100 employees from its Sun Valley plant starting later this year.

Avery Dennison Moves Higher on Q2 Results

Avery Dennison Corp. beat Wall Street estimates on earnings, sending the company’s stock up more than 4 percent.

CRC Forms Joint Venture to Fund Elk Hills Field

California Resources Corp. has formed a joint venture with L.A.-based investment firm Colony Capital Inc. to fund further development of CRC’s Elk Hills oil field in Kern County.

Capstone Makes Sale in Kazakhstan

An oil and gas producer in western Kazakhstan ordered its first microturbine from Capstone Turbine Corp. for use in a gas-to-energy project.

Saalex Becomes Employee-Owned Company

Saalex Corp. has announced that the company is now owned by its employees through an employee stock ownership plan.

Virgin Galactic Merger Forms First Public Space Tourism Company

Virgin Galactic is merging with public investment firm Social Capital Hedosophia to form the first publicly traded commercial space tourism company

Valley-made Rocket Engines Ready for Blastoff

Four rocket engines originally designed for the Space Shuttle have been delivered to Michoud Assembly Facility near New Orleans to be attached to the core stage of the Space Launch System, NASA’s next generation heavy-lift rocket that will take astronauts on missions into deep space, potentially even to Mars.

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