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AeroVironment shares take off after $405M drone deal announced

By   /  Thursday, January 14th, 2021  /  Banking & Finance, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Shares of Simi Valley-based drone company AeroVironment shot up more than 25% on Jan. 14, the day after the company announced a $405 million acquisition of a privately held military drone provider. AeroVironment is acquiring Arcturus UAV, a major provider of Group 2 and 3 unmanned aircraft systems to the U.S. military, for $405 million. Read More →

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Ag, oil fight Ventura County general plan

By   /  Friday, January 8th, 2021  /  Agribusiness, Energy, Latest news, Law, right, Subscriber content, Top Stories  /  No Comments

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Coming in 2021: Economic recovery, eventually

By   /  Thursday, December 31st, 2020  /  Central Coast, East Ventura County, Latest news, right, South Coast, Subscriber content, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  No Comments

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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More avocado consumption doesn’t add up to more profit for Calavo

By   /  Monday, December 21st, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, right, Top Stories, Tri-County Public Companies  /  No Comments

Americans have been eating more avocados than ever during the pandemic, but the companies that sell them avocados aren’t necessarily profiting from the growing volume. Around 70% of U.S. households will have purchased avocados in 2020, with consumption on pace to top 6.25 billion avocados, 64% more than U.S. consumers bought in 2014, according to Read More →

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Amazon’s Santa Barbara office sold in one of downtown’s biggest commercial deals ever

By   /  Thursday, December 10th, 2020  /  Latest news, Real Estate, right, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Amazon’s Santa Barbara office sold in one of downtown’s biggest commercial deals ever

Amazon’s downtown Santa Barbara building got a new landlord when the property was sold in early December to an international investor. Global Mutual, a London-based investment firm, bought the three-story building for close to its listed price of $38.4 million, making it one of the largest sales ever of commercial property in the downtown Santa Read More →

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Santa Paula Airport has been flying high for 90 years

By   /  Monday, November 30th, 2020  /  right, Top Story  /  Comments Off on Santa Paula Airport has been flying high for 90 years

Airport has a rich 90-year history in Santa Paula.

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Vandenberg advocates vow to keep fighting

By   /  Friday, November 20th, 2020  /  right, Technology, Tri-County Economy  /  Comments Off on Vandenberg advocates vow to keep fighting

Advocates of Vandenberg Air Force base as the headquarters for the U.S. military’s new Space Command say they’re not giving up, despite the omission of the Lompoc-area base from the list of finalists for the site. The U.S. Air Force announced its finalists on Nov. 19. The six locations are in New Mexico, Nebraska, Florida, Read More →

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