Business

Improved fuel economies for light-duty vehicles in the United States means gasoline demand could trend lower, a federal brief published Tuesday found....Read More

General Dynamics Electric Boat Corp. has been awarded a $32.7 million contract for design support requirements for the Columbia-class submarine....Read More

Lockheed Martin has secured a $28 billion contract with the Kingdom of Saudi Arabia for air and missile defense systems, aircraft, helicopters and support....Read More

Lockheed Martin has received a $137.8 million contract for cost-reduction programs for initial low-rate production of the F-35 Lightning II Joint Strike Fighter....Read More

Oshkosh Defense announced a $33 million contract with the U.S. Marine Corps for the delivery of 54 P-19R Aircraft Rescue and Firefighting vehicles....Read More

Israel Aerospace Industries is providing LRSAM air & missile defense systems to government-owned Bharat Electronics Limited of India....Read More

Israel Military Industries has unveiled a new precision rocket system for special forces’ use in urban environments and distances as much as 27 miles....Read More

Crude oil inventories are on the decline and there is “some light at the end of the tunnel” for OPEC’s market balancing effort, its secretary general said....Read More

A narrative from the head of OPEC that efforts to balance the market paid off led to a strong rally in crude oil prices Monday despite signs of sluggish growth....Read More

Northrop Grumman has received a $7.3 million contract for for maintenance, material support, and modernization of the turbine engines on the USS New Hampshire....Read More