Business News [UP]

Kay and Associates Inc. was awarded a $63 million contract modification to maintain Kuwait’s F-18 fighter planes, the U.S. Defense Department announced....Read More

Twenty-six members of the Senate Armed Services and Budget Committee have urged the Pentagon to complete its audit....Read More

The U.S. Air Force awarded Engility Corp., which was acquired two weeks ago by SAIC, a $655 million contract for satellite-tracking services, replacing Lockheed Martin....Read More

Oil prices rose early Friday amid supply concerns following reports of smaller-than-expected stocks, and amid reduced expectation of interest rate hikes....Read More

The U.S. Air Force flew two B-52 bombers over the East China Sea and Sea of Japan in what it described as a “routine training” amid trade tensions with China....Read More

The U.S. Navy plans to commission the future USS South Dakota, a fast attack submarine, on Saturday at Naval Submarine Base New London in Groton, Conn....Read More

Denmark, France and the Netherlands became the first nations to receive shipments of new anti-tank weapons under a NATO multinational sharing project....Read More

A joint venture of Raytheon and Lockheed Martin will produce 2,100 F-Model Javelin missiles for the U.S. and its allies, with deliveries expected to start in 2020....Read More

The U.S. Navy laid the keel for its 12th Expeditionary Fast Transport, the future USNS Newport, at Austal USA’s shipyard in Mobile, Ala....Read More

The U.S. State Department has approved Japan’s $2.15 billion purchase of two land-based Aegis Ballistic Missile Defense systems....Read More