Business News [UP]

The State Department announced Tuesday that it had approved a possible $862.3 million sale of 50 Sidewinder AIM-9X Block II Tactical missiles and related equipment to the Canadian government....Read More

Russian President Vladimir Putin said Russia leads the world in hypersonic weapons research and will have defense systems to counteract opponents’ weapons....Read More

Display of the Confederate battle flag was banned by the chief of U.S. Forces Korea on Monday....Read More

Denmark’s government will compensate homeowners near an air base affected by excessive noise caused by arrivals and departures of F-35 fighter planes....Read More

Lockheed Martin received a $368.2 million contract to build six F-35 fighter planes for the Italian defense ministry, the Pentagon announced....Read More

General Dynamics received a $2.5 billion contract this week for production of Stryker Double V-Hull A1 engineering change proposal vehicles, according to the Pentagon....Read More

The Air Force announced Thursday that Lt. Gen. Jacqueline Van Ovost has been nominated to succeed Gen. Maryanne Miller as Air Mobility Command commander....Read More

The 400th V-22 Osprey was delivered to the Department of Defense, manufacturer Bell Textron Inc. announced on Wednesday....Read More

A White House memorandum on polar security has the U.S. Coast Guard considering the addition of armed, nuclear-powered icebreakers to its aging fleet....Read More

Lockheed Martin was awarded a $70.2 million contract to support Aegis development for the Navy, as well as the governments of Japan, South Korea and Norway....Read More