Business News [UP]

FN America and Colt’s Manufacturing received a $383.3 million, five-year contract to manufacture M16A4 rifles for Afghanistan, Grenada, Iraq, Lebanon and Nepal through the Pentagon’s foreign military sales program. ...Read More

The guided missile cruiser USS Bunker Hill sailed through the Spratly Islands in the South China Sea Wednesday, according to the the U.S. 7th Fleet....Read More

Hardigg Industries was awarded a five-year, $10 million contract for medical equipment and accessories for the Defense Logistics Agency electronic catalog, the Pentagon announced Tuesday....Read More

General Electric was awarded $707.3 million Tuesday to produce F110 engines for several allied militaries, according to the Pentagon....Read More

The Pentagon released three videos on Monday taken by Navy pilots indicating the presence of “unidentified aerial phenomena.” The videos have been circulating for several years but had not been confirmed as real....Read More

Global military spending grew 3.6 percent in 2019 to $1.9 trillion, with the United States accounting for $732 billion, or 38 percent of the global total....Read More

Boeing received a $75.1 million contract Friday to support the F/A-18E-F Super Hornet service life modification program, according to the Pentagon....Read More

Sen. Elizabeth Warren (D-Mass.) and Rep. Bennie Thompson (D-Miss.) have asked the acting Inspector General of the Department of Defense to review a border wall contract awarded earlier this month....Read More

Lockheed Martin was awarded a $147.6 million contract modification for components for the Navy’s MK 41 Vertical Launching System for the United States and three allies, the Pentagon announced Thursday....Read More

The Air Force has awarded Dataminr with a five-year, $258.7 million contract to develop a system of push alerts, the Pentagon announced Thursday....Read More