Business News [UP]

The U.S. Air Force has awarded General Atomics Aeronautical Systems a $263.4 million contract for production of the MQ-9 Reaper surveillance and strike drone....Read More

Crude oil future prices were mixed Tuesday morning with markets unable to shake off recent bearishness, some of which has been fueled by concerns related to Iranian sanctions....Read More

Bell Helicopter has signed an agreement with Electric Power Systems to develop energy storage systems for Bell vertical takeoff and landing aircraft....Read More

The U.S. Navy exercised a $8.9 million contract option to use the M/V Barnard Fisher for transportation of Air Force vehicles, weapons and other “general cargoes.”...Read More

The Puerto Rican Energy Electric Authority is working to use more renewable energy, partially as a way to harden its power generation and distribution system against future hurricanes....Read More

Crude oil future prices rose Monday following news that the U.S. issued waivers that would allow Iran to continue to sell oil to China, India and other buyers....Read More

Billionaire Warren Buffett’s conglomerate Berkshire Hathaway bought back $928 million of it stock as its third-quarter earnings jumped to $18.54 billion....Read More

U.S. Army has signed a deal to supply the Romanian government with three Raytheon defense systems, which will be used to protect against threats to its borders....Read More

Boeing has received a $14.5 million contract to maintain Aircraft Maintenance Debrief Systems for the F-15C, D, S and SA flown by the Royal Saudi Air Force....Read More

Crude oil prices were slightly lower Friday as they awaited direction following a sell-off in the previous session — continuing volatility that offers speculators opportunities....Read More