Teledyne secures Navy contract worth up to $39M
Thousand Oaks-based Teledyne Technologies announced July 19 that its subsidiary, Teledyne Brown Engineering, was awarded a U.S. Navy contract for underwater drones worth as much as $39.2 million. The contract has a maximum base value of $27.4 million over five years, with five one-year option periods and a maximum value of $39.2 million if all Read More →
Cal Poly’s tech incubator heats up with biggest acquisition, expansion plans
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Former MIT Enterprise Forum finds its new identity
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Losses mount at Resonant, but CEO predicts big things as 5G future approaches
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FDA accuses Amgen of misleading advertising
The U.S. Food and Drug Administration tagged Amgen with a letter July 7 that says the Thousand Oaks biotech firm made “misleading claims” in advertisements for its drug Neulasta, by suggesting it is more effective than biosimilar competitors. Neulasta is a prescription medication used to reduce infection risk from febrile neutropenia (a low level of Read More →
Santa Barbara city administrator will leave post in September
Santa Barbara City Administrator Paul Casey is stepping down from his role on Sept. 10. The city announced his decision July 16. Casey has been with the city of Santa Barbara for 24 years, according to the city’s news release, and in that time has worked on the passage of Measure C, managing the city’s Read More →
Region’s unemployment rate grew in June
Unemployment rates in the tri-county region crept back up in June, as the growth in jobs wasn’t enough to keep pace with an increase in people looking for work. The combined unemployment rate across Ventura, Santa Barbara and San Luis Obispo counties was 6.2% in June, up from 5.6% in May, according to data released Read More →
