AeroVironment Introduces Bigger Model of Switchblade Missile

AeroVironment Inc. has introduced the Switchblade 600, a larger version of its drone-like missile system.

Avery Dennison Invests in Recycling Startup

Avery Dennison Corp. and Valo Ventures have invested $5 million in RoadRunner Recycling.

Glove Maker Signs DuPont Deal

Mechanix Wear LLC has become a licensee of DuPont Personal Protection, an arrangement that will allow the glove manufacturer to incorporate DuPont’s materials into its products.

Northrop's $13.3 Billion Contract for ICBMs Brings Work to Valley

Northrop Grumman received this week a Pentagon contract to engineer and manufacture an updated intercontinental ballistic missile system.

BYD Deal Adds Transit Agencies to State Contract

BYD Motors Inc. announced this week its participation in a statewide contract to allow U.S. transit agencies to leverage California’s purchasing contract to buy its battery-electric motor coaches.

Sylmar Company Wins NATO Sonar Contract

L3Harris Technologies has won a contract to build two sonar systems for an undisclosed member of the North Atlantic Treaty Organization.

Northrop Tests Aircraft Navigation System

Northrop Grumman Corp. completed the critical design review of an upgraded navigation system for U.S. military aircraft.

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FDA Approves New Medtronic Insulin Pump

Medtronic on Tuesday announced one of its insulin pump systems, the Minimed 770G, has received approval from the U.S. Food and Drug Administration.

Capstone Sells Two Turbines in Slovenia

Capstone Turbine Corp. received an order for two of its natural gas-fueled C200 microturbines from a textiles and home furnishings manufacturer in Slovenia.

Print Shop Executive Sentenced for $2.8 Million Embezzlement

The former controller at a Burbank printing shop was sentenced Monday to 87 months in federal prison for embezzling $2.8 million from his employer.

Pharmavite Donates $1 Million to LAUSD Food Program

West Hills vitamin manufacturer Pharmavite has donated $1 million to help fund the Los Angeles Unified School District's Grab & Go Food Relief Program.

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ICF Industries Signs Stock-Based Consulting Agreement

ICF Industries in Van Nuys has entered into a consulting agreement with Agri-Dynamics Inc., ana sustainable farming company in New York that focuses on hemp production for CBD.

Avery Dennison Beats Earnings Estimates as Business Rebounds

Avery Dennison Corp. beat Wall Street estimates on adjusted earnings for the second quarter and matched on revenue.

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Aerojet Fulfills NASA Engine Contract

Aerojet Rocketdyne Holdings Inc. has completed all of its propulsion systems for the first crewed flight of NASA’s Space Launch System rocket and Orion spacecraft and for the Artemis II mission to the moon.

California Resources to Reorganize Under Chapter 11

Embattled oil and gas company California Resources Corp. has entered a restructuring agreement with creditors through a voluntary Chapter 11 filing.

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