Business News [UP]

Raytheon has received a $209.6 million Navy contract to upgrade or replace national item identification numbers within two major subsystems of the Aegis Weapon System, which uses computers and radar to guide weapons to d...Read More

The Navy has awarded Rolls-Royce with a $1.2 billion contract for sustainment support for the AE1107C engine on the V-22 Osprey, the tiltrotor aircraft that combines the abilities of a helicopter and fixed-wing aircraft....Read More

The Pentagon has promised “significant progress” on the F-35 Lighting II Joint Strike Fighter, after hearing from lawmakers Wednesday that it’s unlikely to receive a multiyear contract to continue the program....Read More

Secretary of Defense Mark Esper has confirmed that the United States plans to keep 500 to 600 troops on the ground in Syria and that the U.S. would continue to partner with Syrian Democratic Forces....Read More

The European Union announced Tuesday that it had adopted 13 new projects under its defense-cooperation scheme, including development of new aircraft, increased cyberintelligence and capacity building....Read More

Clark Construction Group has been awarded $570 million for a construction project at Walter Reed National Military Medical Center in Bethesda, Md., that new additions, building renovations and demolition of 6 buildings....Read More

The U.S. Air Force has approved a retrofit to prevent cargo locks on the KC-46A Pegasus aerial refueling tanker from coming undone midflight, officials said Tuesday....Read More

The U.S. Air Force has approved a retrofit to prevent cargo locks on the KC-46A Pegasus aerial refueling tanker from coming undone midflight, officials said Tuesday....Read More

Australia’s newest destroyer, the NUSHIP Sydney, successfully completed its sea trials and is on schedule for delivery to the Navy, the government announced....Read More

Over 500 troops will remain in Syria despite U.S. plans for a troop withdrawal, Joint Chiefs of Staff Chairman Gen. Mark Milley said....Read More