Business

The U.S. Air Force said the Advanced Pilot Trainer, or T-X, aircraft would replace the T-38C Talon aircraft at existing undergraduate pilot training bases....Read More

United Technologies Aerospace Systems was awarded $2.5 billion for aviation-related spare parts and related services....Read More

Space Coast Launch Services was awarded an $11.8 million contract by the Air Force for launch operations support at Cape Canaveral for critical launch facilities....Read More

Anticipation of gains in U.S. crude oil production and long-term forecasts for an energy market shift sent crude oil prices lower in early Wednesday trading....Read More

Raytheon has announced that it will be overhauling and providing support services for the Royal Canadian Navy-operated Phalanx Close-In Weapon System....Read More

The United States and Israel successfully tested the Arrow 3 weapons system to defend against ballistic missiles....Read More

Shipbuilding company Huntington Ingalls Industries has been awarded $1.43 billion contract to design and build the Navy’s newest amphibious transport dock....Read More

As the Pentagon tries to increase troop numbers, the military is accepting recruits it would have rejected in years past. A different option, several experts say, would be to recruit troops who aren’t citizens....Read More

Chatter from OPEC wasn’t enough to offset a slowdown in the OECD economies in the fourth quarter, leaving crude oil prices mixed in early Tuesday trading....Read More

U.S. consumers are finally catching a break when they head to the gas station as retail prices follow the price of oil lower, market analysis finds....Read More