Business

The U.S. Army has awarded a $46.6 million contract modification to Lockheed Martin for support on upgrades to the Patriot PAC-3 anti-ballistic missile launcher....Read More

U.S. oil and natural gas abundance has a positive impact on the global energy market, but it doesn’t move the market itself, a Brookings scholar testified....Read More

A forecast of slower growth in the world’s advanced economies and signs of a possible OPEC blink contributed to a downturn in crude oil prices early Wednesday....Read More

Boeing has been awarded a $22.6 million contract for services to support of F/A-18 A-F Hornets, Super Hornets and EA-18G Growlers for the U.S. Navy and Australia....Read More

BAE Systems announced Tuesday that the company has entered into a contract with Lockheed Martin for critical aircraft readiness....Read More

Forecasts of lower U.S. crude oil inventories, on top of fears of a lack of supply from Iran and Venezuela, pushed oil prices higher in early Tuesday trading....Read More

L-3 Communications has awarded a $42 million contract by the Defense Department to maintain the TH-57 Sea Ranger, a U.S. Navy training helicopter....Read More

TCOM Limited Partnership has been awarded a $9.9 million contract by the Defense Department to support the Tethered Aerostat Radar System for the U.S. Army....Read More

Lockheed Martin has been awarded a $20 million contract to develop and qualify rocket pods and launch tubes for the Guided Multiple Launch Rocket System....Read More

Raytheon was awarded a $77 million contract by the Navy to transition the evolved sea sparrow missile program from engineering and development to manufacturing....Read More