Business News [UP]

France-based Alstom presented Monday a new hydrogen train for the U.K. market with the aim to build a fleet that will be up and running by 2022....Read More

U.S. Navy personnel returned home after practicing a two-ship pairing exercise for future use by amphibious squadrons and ground troops....Read More

A $120 million contact for all-source analysis and operational support in South Korea has been awarded to Fulcrum IT Services LLC, the Defense Department announced....Read More

Oil prices rose in part led by December OPEC cuts and may continue to increase at least in the very short term, analysts said....Read More

Ecuadorean President Lenin Moreno said an audit into $4.9 billion worth of oil-related infrastructure investment found nearly half of it lost to corruption....Read More

The U.S. Army has awarded a $60.7 million contract to O’Gara-Hess & Eisenhardt Armoring Company for protection kits for the Family of Medium Tactical Vehicles....Read More

Boeing will upgrade Spain’s entire fleet of CH-47D Chinook helicopters to the F-model configuration, the Chicago-based company announced Thursday....Read More

Raytheon secured an $81.2 million contract modification for configuration efforts on the U.S. Navy and Australia’s F/A-18E/F and EA-18G aircraft....Read More

Oil prices rose early Thursday after a day of high volatility with concerns about an economic slowdown in China playing against reports of output cuts....Read More

Pinnacle Solutions Inc. has been awarded a $20.5 million contract modification for service on KC-10 training systems, exercising a fourth year option....Read More