Business

Lockheed Martin’s test pilot for the T-50A advanced pilot training aircraft passed 100 flight hours, a milestone in development of the fifth generation trainer....Read More

The Australia has signed a $12.1 million contract deal for the first stage of development for the Short Range Ground Based Air Defense project....Read More

A declining risk premium on word of business-as-usual from Saudi Arabia and expectations of a cooler market ahead pushed oil prices lower early Wednesday....Read More

Officials announced Monday a contract with BAE Systems for post-shakedown availabilities for the USS Little Rock and USS Sioux City littoral combat ships....Read More

Pentagon officials on Monday announced an $8.8 million contract with General Atomics for the Low Power Laser Demonstrator Phase 1 effort....Read More

Crude oil prices lingered slightly in negative territory in early Tuesday trading after OPEC said it saw demand increasing, but some deceleration ahead....Read More

Lockheed Martin has received a $260 million contract to modernize and upgrade four P-3B Orion aircraft for Greece, the Department of Defense announced Monday....Read More

A new contract that seems to be ripped from “Star Wars” calls for Lockheed Martin to develop and produce a high-power laser for the U.S. Air Force....Read More

The Department of Defense has announced a new deal with General Electric for the overhaul the T700 series of engine for Blackhawk and Apache helicopters....Read More

Raytheon has been awarded $260 million for the procurement of 196 Tomahawk Block IV cruise missiles in support of U.S. Navy operations and Britain....Read More