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General Atomics Company

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BUSINESS
January 14, 1997 | Times Staff and Wire Reports
Teleport Communications Group Inc., which is owned by a group of cable TV companies, said it will buy Internet service provider Cerfnet from General Atomics and its affiliates in a stock deal worth $66.4 million. Under the deal, New York-based Teleport would acquire General Atomics in exchange for 2.1 million of its Class A common shares. Based on Teleport's closing price Friday of $31.625, the deal is valued at $66.4 million.
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BUSINESS
March 19, 2005 | Peter Pae, Times Staff Writer
In a major boost to San Diego-based General Atomics Aeronautical Systems Inc., the Air Force said Friday that it planned to spend nearly $6 billion for more than 140 of the company's unmanned Predator spy planes. The remotely controlled aircraft made headlines early in the war in Afghanistan when it spotted a Taliban convoy and fired a Hellfire missile, striking the target. It marked the first search-and-destroy mission by an unmanned aircraft.
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BUSINESS
March 19, 2005 | Peter Pae, Times Staff Writer
In a major boost to San Diego-based General Atomics Aeronautical Systems Inc., the Air Force said Friday that it planned to spend nearly $6 billion for more than 140 of the company's unmanned Predator spy planes. The remotely controlled aircraft made headlines early in the war in Afghanistan when it spotted a Taliban convoy and fired a Hellfire missile, striking the target. It marked the first search-and-destroy mission by an unmanned aircraft.
BUSINESS
September 7, 2002 | PETER PAE, TIMES STAFF WRITER
In a recent test that demonstrated a key advance in drone aircraft, a remotely controlled Predator was able deploy a smaller unmanned aircraft that carried sensors designed to detect chemical weapons. The Predator was flying at 10,000 feet when it released the second plane. The smaller aircraft was able to fly for 25 minutes and take air samples before returning to its home base--along with its mother ship--at Edwards Air Force Base.
NEWS
January 7, 1991 | RUDY ABRAMSON
SECURITY: A massive study of security at the U.S. Department of Energy's laboratories and weapons complexes produced 300 recommendations for improvements but concluded that there are no "bleeding wounds" endangering national security. One of the chief findings was not one of laxity, but of an overly cumbersome clearance process. Employees from one laboratory are unable to gain access routinely to identical facilities at another site.
BUSINESS
June 25, 1994 | RALPH VARTABEDIAN, TIMES STAFF WRITER
A San Diego firm has signed a joint venture agreement with Russia's Ministry of Atomic Energy to develop an advanced nuclear reactor in Russia that would burn weapons-grade plutonium to produce electricity, the firm announced Friday. The agreement by General Atomics creates the first joint venture by a U.S. company and Russia to find a private-sector solution to Russia's plutonium oversupply problem.
BUSINESS
March 19, 1995 | RALPH VARTABEDIAN, TIMES STAFF WRITER
In desolate Siberia, Russia's Tomsk-7 nuclear complex sits atop a mountain of plutonium. Its 20,000 workers operate weapons reactors not to fight the cold war, but to provide steam heat to nearby residents. Under an agreement signed with the United States last year, Russia vowed to shut the reactors by 2000. But how to accomplish this lofty goal has created an unusual dispute with an unusual cast of characters.
BUSINESS
September 7, 2002 | PETER PAE, TIMES STAFF WRITER
In a recent test that demonstrated a key advance in drone aircraft, a remotely controlled Predator was able deploy a smaller unmanned aircraft that carried sensors designed to detect chemical weapons. The Predator was flying at 10,000 feet when it released the second plane. The smaller aircraft was able to fly for 25 minutes and take air samples before returning to its home base--along with its mother ship--at Edwards Air Force Base.
CALIFORNIA | LOCAL
April 16, 2009 | Richard Simon
Despite President Obama's pledge to crack down on pork-barrel spending, California House members are not shying away from seeking money for pet projects. In the fiscal 2010 spending bills, they are asking for earmarks big and small -- from $10 million to buy 665 acres in Malibu (for the largest addition to the Santa Monica Mountains National Recreation Area in more than 15 years) to $250,000 for repairs to Hollywood's Walk of Fame.
BUSINESS
January 14, 1997 | Times Staff and Wire Reports
Teleport Communications Group Inc., which is owned by a group of cable TV companies, said it will buy Internet service provider Cerfnet from General Atomics and its affiliates in a stock deal worth $66.4 million. Under the deal, New York-based Teleport would acquire General Atomics in exchange for 2.1 million of its Class A common shares. Based on Teleport's closing price Friday of $31.625, the deal is valued at $66.4 million.
BUSINESS
March 19, 1995 | RALPH VARTABEDIAN, TIMES STAFF WRITER
In desolate Siberia, Russia's Tomsk-7 nuclear complex sits atop a mountain of plutonium. Its 20,000 workers operate weapons reactors not to fight the cold war, but to provide steam heat to nearby residents. Under an agreement signed with the United States last year, Russia vowed to shut the reactors by 2000. But how to accomplish this lofty goal has created an unusual dispute with an unusual cast of characters.
BUSINESS
June 25, 1994 | RALPH VARTABEDIAN, TIMES STAFF WRITER
A San Diego firm has signed a joint venture agreement with Russia's Ministry of Atomic Energy to develop an advanced nuclear reactor in Russia that would burn weapons-grade plutonium to produce electricity, the firm announced Friday. The agreement by General Atomics creates the first joint venture by a U.S. company and Russia to find a private-sector solution to Russia's plutonium oversupply problem.
NEWS
January 7, 1991 | RUDY ABRAMSON
SECURITY: A massive study of security at the U.S. Department of Energy's laboratories and weapons complexes produced 300 recommendations for improvements but concluded that there are no "bleeding wounds" endangering national security. One of the chief findings was not one of laxity, but of an overly cumbersome clearance process. Employees from one laboratory are unable to gain access routinely to identical facilities at another site.
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