Business News [UP]

Gulfstream Aerospace Corp. was awarded a $127.4 million contract to produce two C-37B aircraft for the U.S. Air Force, the Pentagon said Thursday....Read More

Israel Aerospace Industries received a $240 million contract for replacement wings for the T-38 trainer aircraft for the Air Force, the Department of Defense said....Read More

Northrup Grumman has been awarded a $15.8 million contract to support the Navy’s Surface Electronic Warfare Improvement Program, the Department of Defense announced....Read More

Lt. Col. Paul K. Voss, 46, of Yigo, Guam, and Capt. Ryan S. Phaneuf, 30, of Hudson, N.H., died in the crash of a Bombardier E-11A aircraft in Ghazni Province, Afghanistan Monday....Read More

Gulfstream Aerospace Corp. received an $80.1 million modification to sustain the C-20 and C-37 fleet for the AIr Force, Army, Navy, Marines and Coast Guard....Read More

Science Applications International Corp. has received a one-year, $13.9 million contract to provide animal care, training and maintenance of marine mammals in the Navy Marine Mammal Program, the Pentagon announced....Read More

China is the world’s second-largest arms producer, after the U.S., a Swedish research center said Monday. Russia slipped based on more information on Chinese companies being made available....Read More

A five-year readiness overhaul of the Israel Defense Force, known as the Momentum Plan, was approved by Defense Minister Naftali Bennett....Read More

Longbow LLC, a joint venture of Lockheed Martin and Northrup Grumman, received a $235.8 million contract Friday to support Fire Control Radar Systems for Apache helicopters for 11 foreign governments....Read More

Norfolk Naval Shipyard has broken ground for the renovation of its historic Dry Dock 4, the Navy announced, which is expected to take about three years to complete....Read More