Business News [UP]

Barrett Firearms has been awarded $8 million by the U.S. Army for M107 .50-caliber, long-range sniper rifles with associated accessories and spares....Read More

Brazil state owned company Petrobras is selling $823 million worth of onshore and shallow water offshore fields as it shifts its focus to deepwater....Read More

Navy leaders told Congress that time and stable budgets will be required to sort out maintenance delays and backlogs, and outlined a 30-year vessel repair and upgrade plan....Read More

Secretary of Defense James Mattis presided over a change of command ceremony for U.S. Southern Command from Adm. Kurt W. Tidd to Adm. Craig S. Faller....Read More

The U.S. Navy is awarding Raytheon Missile Systems $37.3 million for repair and maintenance on SM-2 and SM-6 Standard surface-to-air missiles....Read More

Crude futures were flat Tuesday morning, amid divided opinions as some analysts point to likely increased U.S. inventories and others saying the selloff is done....Read More

The amphibious transport dock USS Somerset and the destroyer USS Wayne E. Meyer will conduct exercises in Ecuador, Peru and Chile as part of the Enduring Promise Initiative....Read More

The Nimitz-class aircraft carrier USS John C. Stennis and surface combatants from it’s carrier strike group docked in Singapore on Saturday for a scheduled port visit....Read More

Crude oil prices saw gains Monday morning as they recovered following a plunge Friday of nearly 7 percent, in part as it bounced back from declines....Read More

Air Liquide will invest $150 million to build the first world scale liquid hydrogen plant in the U.S. to support advances to replace gasoline with cleaner fuel....Read More