Business News [UP]

Raytheon has been awarded $65.6 million for repairs on the Advanced Targeting Forward Looking Infrared systems used on the F/A-18 fighter aircraft....Read More

Lockheed Martin has been awarded a $585.2 million order for the Homeland Defense Radar based in Hawaii for ballistic missile defense....Read More

Lockheed Martin has delivered the first Long Range Anti-Ship Missile to the U.S. Air Force, meeting early operational capability for the B-1B ahead of schedule....Read More

BAE Systems and General Dynamics have received contracts that total more than $700 million to produce 12 prototypes of the Mobile Protected Firepower vehicle....Read More

Huntington Ingalls Industries has launched the Virginia-class fast attack nuclear submarine USS Delaware at Newport News Shipbuilding in Virginia....Read More

The Air Force has awarded Northrop Grumman $3.6 billion for an extended contract for Large Aircraft Infrared Counter Measures production and support services....Read More

The Navy on Monday announced it held a ceremony to establish of its first squadron of CMV-22B tilt-rotor cargo aircraft, starting the transition from the C-2A Greyhound....Read More

Austal has been awarded contracts for the construction of two Independence-class littoral combat ships, LCS 36 and 38, which are expected to cost up to $584 million each....Read More

Crude oil prices were slightly higher Monday morning, barely recovering a small part of the losses from a 2 percent decline on Friday....Read More

The Navy has awarded Textron $314.3 million for the Ship to Shore Connector hovercraft program for amphibious assault....Read More