Business

Raytheon has received a $14.7 million contract for maintenance and support of the AN/AQS-20 sonar mine detection system, which is meant to improve the system....Read More

Uncertainty about what happens next with an OPEC-led production cut and lower than expected supply drains pushed oil prices lower early Wednesday....Read More

A White House budget proposal was critiqued by Republicans and Democrats alike from oil-rich states despite calls to balance the books with crude oil sales....Read More

British petrochemicals company INEOS said Wednesday it built up its oil and gas business with a $1 billion purchase of assets from DONG Energy....Read More

Sikorsky Aircraft Corp. has received a $55 million contract for the long support of low-rate production of four Lot II CH-53K King Stallion Helicopter....Read More

U.S. military aviation leaders, their civilian counterparts and others announced they are to collaborate to address the mutual problem of pilot shortages....Read More

Boeing has been awarded a $1 billion contract for the Redesigned Kill Vehicle, which includes payload design, ground testing and integration with other systems....Read More

Northrop Grumman has received a $49.4 million contract for parts, material and labor required for maintenance of the MQ-4C unmanned aircraft system....Read More

Crude oil prices were pulling back toward even in early Tuesday trading, after U.S. budget moves balanced against OPEC narratives....Read More

Britain’s Royal Army is continuing to suffer from low troop strength — 5.1 percent below the number of needed full-time soldiers in April....Read More