Air Force awards AeroVironment a $22.8 million contract for miniature missile system
The U.S. Air Force awarded AeroVironment a $22.8 million contract for miniature missile systems Oct. 3. First deployed by the USAF in 2011, the AeroVironment Switchblade is a small missile system that can be fit in backpacks and can provide precision strikes using a missile carried in its body. The Switchblade is fired from a Read More →
LTC Properties increases dividend to 19 cents per share
Westlake Village-based LTC Properties increased its monthly dividend on its common stock to 19 cents per share for the fourth quarter, the company announced on Oct. 3. The dividend was a 5.6 percent increase from the 18-cent dividend in the previous quarter. It is payable on Oct. 31, Nov. 30 and Dec. 30 to stockholders Read More →
PennyMac declares dividend of 47 cents per share
Moorpark-based PennyMac Mortgage Investment Trust declared a cash dividend of 47 cents per common share for the third quarter of 2016, which was in line with the previous quarter. This dividend will be paid on Oct. 27 to common shareholders of record as of Oct. 7. PennyMac is a mortgage real estate investment trust that Read More →
CoastHills Credit Union opens branch in Thousand Oaks
Lompoc-based CoastHills Credit Union recently opened its first Ventura County branch at 125 N. Moorpark Road in Thousand Oaks. The 5,000-square-foot “branch of the future” features a virtual banking experience as well as a tech bar that offers tutorials for CoastHill’s digital products. CoastHills completed a renovation of the space that was formerly home to Read More →
NRG moves forward with Oxnard power plant site
Despite a recent setback from the California Coastal Commission, Houston-based NRG Energy is pressing ahead with plans to build a new power plant along the Oxnard coast. If built, the company claims construction of the facility could have an economic impact of at least $93 million on the region. But the California Coastal Commission handed Read More →
Try alternative ways to get to work during Ride Week
By Darren Kettle Communities across the Central Coast are gearing up for Ride Week, Oct. 3-7. The goal of the event is to make it fun and easy for all of us to try out alternative ways to commute to work. In Ventura County, the Ventura County Transportation Commission and the Ventura County Air Pollution Read More →
Tri-county voters must go to the polls
By Loredana Carson In November 2014, only 203,783 out of 433,064 registered voters cast a ballot, according to the Ventura County registrar. Voter participation in general throughout California has declined in the past decade, according to the California Civic Engagement Project. The project reports that over the past three elections, registered voter turnout was 54.9 Read More →
