Business News [UP]

The Army has awarded Boeing a $49.2 million contract to conduct maintenance on the Qatari air force’s AH-64E helicopters....Read More

Israel Aerospace Industries announced Thursday that F-35 stealth fighter components for the outer wings to make them invisible to radar have entered production....Read More

Oil prices fell Thursday morning after a short rally in the previous session — which followed sharp losses on Christmas Eve — with the future outlook still gloomy....Read More

The British army accepted the first four of 56 bomb disposal robots it ordered from Harris Corporation, the U.K. government announced....Read More

A Program Management Office has been established at Tyndall Air Force Base to lead the reconstruction there, which is expected to cost about $3 billion and take more than five years....Read More

South Korea on Wednesday approved a basic plan to develop a homegrown Aegis-equipped destroyer....Read More

Bath Iron Works has received a $910 million contract for a fifth DDG 51 Flight III destroyer, months after being contracted for four of the new Arleigh Burke-class destroyers....Read More

General Atomics and Raytheon have been awarded contracts for the MQ-9 Reaper for sensors and overall program support worth a total of more than $350 million...Read More

Lockheed Martin has been awarded a contract for Patriot PAC-3 missiles for Saudi Arabia and Kuwait valued at more than $3.3 billion, receiving $1.8 billion upon award....Read More

Oil prices were lower early Monday ahead of a holiday-shortened regular session expected to be marked by light trading as many investors will be absent....Read More