Business News [UP]

The Navy has come to agreement with Huntington Ingalls Industries for a block buy order for CVN 80 and 81, which is expected to help speed construction and limit costs....Read More

France-based Total said Wednesday it started production in the Egina field in offshore Nigeria which will eventually reach 200,000 barrels of crude oil per day....Read More

Oil prices were lower early Monday amid concerns that the market remains oversupplied while the demand outlook may weaken due to lower consumption in China....Read More

Outgoing Defense Secretary James Mattis told department staff to maintain faith in the country in a farewell message on Monday....Read More

Boeing was awarded a $400 million contract by the Defense Department for engineering services on B-1 and B-52 strategic bombers....Read More

Bell Boeing Joint Project Office has received a $366 million contract for construction of five military planes, the U.S. Defense Department announced....Read More

The guided missile destroyer USS Gravely left Norfolk, Va., for the Mediterranean Sea on Friday to serve as a NATO flagship....Read More

Insitu has won a $12 million contract for spare and sustainment parts for the Blackjack unmanned aircraft system, the Defense Department announced....Read More

The Defense Department announced the award of a $228 million contract to Huntington Ingalls Industries for work on the new aircraft carrier Enterprise....Read More

General Dynamics Mission Systems has been awarded a $28 million contract for sustainment of weapons systems aboard U.S. and U.K. nuclear submarines....Read More