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AeroVironment Lands $6 million Contract With Portuguese Army

AeroVironment Inc. has secured a nearly $6 million contract to provide its Raven drones to the Portuguese army, the Monrovia unmanned aircraft manufacturer has announced.

Drug Deal Extends MannKind’s Life Expectancy

BIOTECH: Timely infusion of $45 million bolsters finances.

MannKind agreement with United Therapeutics gives company a financial shot in the arm.

Local Schools Build Corporate Career Pipelines

LIST: Programs provide internships, seminars and off-campus experience.

AEG, Inc. and Wells Fargo & Co. are among the corporations that have established partnerships with Valley colleges and universities. Benefits for students range from ready-made career pipelines to a classroom at Staples Center.

IMT Hears Opportunity Calling in Music City

ACQuisition: Sherman Oaks investment firm lured by Nashville’s lower prices.

IMT Capital has acquired four apartment complexes in Nashville, Tenn. since the summer of last year. The Sherman Oaks developer and investment firm likes the Music City’s lower per-unit costs compared to L.A., principal David Tedesco said.

Residential Builder Adds Park to Portfolio

DEVELOPMENT: Firm creates open space as preface to 84-home Sylmar project.

Homebuilder opens park in Sylmar.

Kid-Friendly Retail

Mexican chain brings fresh approach to brick-and-mortar shopping with store opening at Glendale Galleria.

Mexican retailer with fun format to open in Glendale

Wipes a New Defense for Firefighters hedhery

Exposure to dangerous chemicals on the job poses threat to health.

Rescue Wipes reduce carcinogens.

The Number

Research sponsored by Princess Cruises in Valencia shows a growing number of U.S. workers don’t take their full complement of vacation time.

Fernando Finalists

NONPROFIT: Candidates described as ‘cream of the crop’ for Valley’s lifetime volunteerism award.

The 60th annual Fernando Award gala will be held Oct. 6 at the Warner Center Marriot in Woodland Hills.

Stable Oil, Less Debt Lift California Resources

ENERGY: Production firm’s stock gains 101 percent year to date.

California Resources posts 101 percent gain since the start of the year.

‘Moneylady’ for CEOs

Connie Sparks helps money hunters.

Audio Mixer Makes Sound Investment in Studio

technology: Six theaters at Burbank facility support digital screening.

Pixelogic upgrades Burbank sound studio.

Glendale Doctors to Improve Care in Armenia

MEDICINE: Team of 60 personnel travel to work in two hospitals.

Mending Kids travels to Mozambique.

Shock’s Coming for Manufacturers

California’s manufacturers are still on the ropes. Yet the legislature seems intent on delivering the knockout smackeroo.

The Nightmare on Spring Street

VICA LOCAL UPDATE: The Business Perspective on Valley Issues

Back to school sales. Pumpkin spice lattes. Harvest festivals. Grocery store aisles filled with Halloween candy. The signs are all pointing to one thing – autumn is here.


A strong and growing U.S. economy has created opportunities for small business lending.

Vicki Nussbaum to Leave Sherman Oaks Chamber

Vicki Nussbaum, chief executive of the Sherman Oaks Chamber of Commerce, will leave the chamber in October to head the Century City Business Improvement District.

Tease photo

Preview: Drug Deal Extends MannKind's Life Expectancy

BIOTECH: Timely infusion of $45 million bolsters finances.

Former U.S. Trade Rep Joins Disney Board

The board of Walt Disney Co. has elected Michael Froman as a new director.

Saban Capital to Buy Panavision

Panavision Inc., Saban Capital Acquisition Corp. and Sim Video International Inc. have entered into a merger agreement to create a “global provider of end-to-end production and post-production services to the entertainment industry,” the companies announced Thursday.