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Top ocbj.com News

Anduril Teams up with Rheinmetall to Develop Drones for Europe
Europe · Germany

Anduril Teams up with Rheinmetall to Develop Drones for Europe

45% Center coverage: 9 sources
US companies are seeking to use their technological expertise to benefit from rising defence spending in the regionSee the Story
Google and CTC Global Announce Initiative to Expand American Electric Grid and Transmission Capacity, U.S. Supply Chain with Advanced Conductors
Google

Google and CTC Global Announce Initiative to Expand American Electric Grid and Transmission Capacity, U.S. Supply Chain with Advanced Conductors

60% Left coverage: 5 sources
IRVINE & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 17, 2025-See the Story
Anduril Chosen by Saab to Deliver Next-Generation Rocket Motors for GLSDB Precision Weapon System
Saab

Anduril Chosen by Saab to Deliver Next-Generation Rocket Motors for GLSDB Precision Weapon System

100% Left coverage: 1 sources
Anduril is producing a modern, high-performance replacement for the M26 MLRS solid rocket motor currently used in GLSDB. The new motor is engineered to match the existing performance and mass properties while improving on safety and cost through updated design, new sub-tier suppliers, and advanced manufacturing technologies. “Saab’s decision to partner with Anduril reflects confidence in our ability to meet this moment with speed, innovation, an…See the Story

Orange’s City Plaza Sold at Massive Discount - Orange County Business Journal

One of the most recognizable office buildings in Orange County changed hands for $18.5 million. Newport Beach-based Surlamer Investments bought City Plaza, a 19-floor office building for nearly $52 per square foot according to CoStar data. The sale price, on a per square foot basis, is likely one of the cheapest deals ever for Orange County. City Plaza, per CoStar, was only 14% leased at the time of the sale. Surlamer Investments bought the offi…Orange, California · OrangeRead Article

Tellus Power MENA Launched to Boost EV Charging and Grid Tech in UAE

Tellus Power MENA is a joint venture with BinHendi as local investor The UAE has launched a new company to be an infrastructure and technology partner for electric vehicles. The new company ‘Tellus Power MENA’ – brings together BinHendi Holding, China’s Sing Family Enterprise Group, and California-based Tellus Power. The joint venture will enable local manufacturing of advanced EV charging solutions in the UAE, and help speed up adoption of ‘bid…Infrastructure · United Arab EmiratesSee the Story

CHOC Opens $300M Outpatient and Research Tower - Orange County Business Journal

Children’s Hospital of Orange County (CHOC), now part of Rady Children’s Health, opened its new outpatient and research tower at its Orange campus after two years of construction. The nine-story, 330,000-square-foot facility officially opened on June 20 and will continue to open in phases until June 24. CHOC invested $300 million to construct the tower, which houses more than 25 specialty clinics, advanced imaging, orthopedic rehabilitation and …Orange, California · OrangeRead Article

On the Move: Sukut Construction Appoints New Vice Presidents of Energy and Alternative Delivery Markets - Orange County Business Journal

Construction Sukut Construction, one of the nation’s leading heavy civil contractors, is pleased to announce the appointment of Lawrence Damore P.E. as vice president of alternative delivery and the promotion of Ryan Prokop to vice president of energy. These leadership moves reflect Sukut’s continued investment in project expertise, operational strength, and long-term market growth across its alternative delivery and energy sectors. Lawrence Dam…Orange County, California · Orange CountyRead Article

Five Point Holdings to Buy Homebuilding Investor - Orange County Business Journal

Five Point Holdings LLC, the Irvine-based owner and developer of master-planned neighborhoods, announced today it entered into an agreement to acquire a controlling interest in Calabasas-based Hearthstone Inc., a private investment partner for homebuilders and residential developments. The acquisition will result in a newly formed business called Hearthstone Residential Holdings LLC and, according to a Five Point Holdings statement, would “inclu…Irvine, California · IrvineRead Article

Ware Malcomb Acquires CBRE's U.S. Design Team - Orange County Business Journal

Ware Malcomb, an Irvine-based international design firm, announced the acquisition of CBRE’s U.S. Design Collective team, effective July 2. CBRE’s U.S. Design Collective team is comprised of interior design, architecture, MEP, structural engineering and experiential design specialists. The 75 employees are in several U.S. markets, including Atlanta, Chicago and Denver. “We are excited to add talented design team members who have built strong rep…Irvine, California · IrvineRead Article

Oncocyte Exits Irvine, Rebrands as Insight Molecular Diagnostics - Orange County Business Journal

Oncology diagnostics firm Oncocyte Corp. announced Tuesday a rebranding and relocation of the company’s headquarters from Irvine to Nashville, Tennessee. The rebranded company is now called Insight Molecular Diagnostics Inc. Before the market opens June 18, its common stock (Nasdaq: OCX) will begin to trade under the new Nasdaq ticker, “IMDX.” The company said the name change and out-of-state move reflect its expanded focus beyond oncology, incl…Nashville, Tennessee · NashvilleRead Article

Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock

100% Center coverage: 1 sources
Rising-star defense tech Mach Industries has announced a new $100 million round from Khosla, Bedrock and Sequoia.Huntington Beach · Huntington BeachSee the Story

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