Business News [UP]

Italian aerospace and defense contractor Leonardo announced an $80 million U.S. Army contract to provide protection systems for Abrams tanks....Read More

Oil prices rose early Wednesday, continuing gains since the start of the year that have brought it to levels last seen in mid-December....Read More

BP said that its 300,000 barrels of oil equivalent daily output in the Gulf of Mexico will grow “to around 400,000 barrels” daily by the middle of the next decade...Read More

L-3 Technologies received a $12.5 million contract to manufacture and support the Hawklink AN/SRQ-4 system, which allows the MH-60R to securely communicate with U.S. Navy vessels....Read More

The first F-35 flight test led by a woman was completed in mid-December, the U.S. Air Force said Tuesday....Read More

Crude oil prices rose early Tuesday helped by reports of production cuts in Saudi Arabia with expectations that any positive news from trade talks between the United States and China could strengthen prices....Read More

Gasoline prices in the United States have now fallen for 12 straight weeks, with the national average as of Monday at $2.24 per gallon....Read More

Houston’s KRB Inc. announced Monday it is a prime contractor on a $12.1 billion U.S. Army information technology contract....Read More

A U.S. Navy ship entered the Black Sea over the weekend for the first time since Russia seized three Ukrainian vessels there last year....Read More

Oil prices rose early Monday alongside news of the restart of trade talks between the United States and China, and also after a report of fewer operating rigs....Read More