Business

Lockheed Martin has been given a $1.6 billion dollar contract to continue manufacturing it’s AN/TPQ-53 counterfire radar for the U.S. Army....Read More

The U.S. Navy announced it is moving forward with it’s Ohio Replacement Program, designed to replace the venerable Ohio-class ballistic missile submarine....Read More

Raytheon Missile Systems has received a $77.8 million contract for sustainment of the Sidewinder AIM-9X Block II air-to-air missile....Read More

Crude oil prices got support early Monday from the weekend results of the first round of French presidential elections, which could be a test for the EU....Read More

After moving over from BP, Tony Hayward is retiring as the chairman of the board of Iraqi oil and gas player Genel Energy, the company announced Monday....Read More

The Atlantic hurricane season can cause power outages and high gas prices for consumers and the year is off early with Tropical Storm Arlene, forecasters note....Read More

U.S. supermajor Chevron Corp. said Monday it was departing from the Asian geothermal sector with the regional sale or planned sales of its subsidiaries....Read More

Discoveries of petroleum reserves in the Persian Gulf may boost Iran’s ranks in terms of global capacity, a national director said....Read More

United Airlines CEO Oscar Munoz will not ascent to the role of company chairman in 2018 after a public relations debacle....Read More

BAE Systems began construction for Britain’s final River-class Offshore Patrol Vessel, the company announced on Friday....Read More