Business

Norwegian energy major Statoil followed $1.5 billion in service contract commitments with $1.4 billion for its giant Johan Sverdrup project in the North Sea....Read More

The U.S. Navy awarded a contract modification to Huntington Ingalls for repairs to the USS Fitzgerald destroyer that was involved in a deadly crash last year....Read More

BAE Systems has delivered 29 vehicles to the Army, representing five variants of its Armored Multi-Purpose Vehicle, which is to test them ahead of production....Read More

The U.S. Navy has exercised a $91.6 million contract option with Generic Electric for engines to be install in 24 of its F/A-18 fighter aircraft....Read More

Northrop Grumman has been awarded a $7.4 million contract by the U.S. Navy for gun mission modules for the branch’s littoral combat ships....Read More

Lockheed Martin was awarded a contract from the U.S. Navy for services in support of the F-35 Lightning II, a fifth-generation, single-engine tactical fighter....Read More

Huntington Ingalls was awarded $180 million for additional long-lead material in support of the USS Enterprise, the third Gerald R. Ford-class aircraft carrier....Read More

The U.S. Environmental Protection Agency announced plans Monday to relax fuel efficiency standards for motor vehicles....Read More

Lockheed Martin has been awarded two contracts by the U.S. Army for Patriot missiles for Saudi Arabia and Romania totaling about $530 million....Read More

Crude oil prices turned lower in a Monday trading muted by an extended Easter holiday as Middle East gains offset a dip in North American rig counts....Read More