Business News [UP]

Revision to global demand for oil overshadowed trade tensions, this time between the United States and Turkey, to push the price of oil higher early Friday....Read More

Vice President Mike Pence laid out plans Thursday for the nation’s sixth military branch, the U.S. Space Force, which he said will be established by 2020....Read More

Insitu has received a $5,000 minimum, $232 million order under an existing contract for mid-endurance unmanned aircraft systems for U.S. Special Operations....Read More

Cooling tensions between the United States and Russia, and corrections from Wednesday’s purge, help push the price of oil slightly higher early Thursday....Read More

Crises curbing exports and production in Libya’s oil belt have abated, but the underlying issues remain unresolved, the International Crisis Group reported....Read More

The Canadian Armed Forces have exercised options under an existing $16.9 million contract with Rheinmetall for Argus Soldier Systems....Read More

Triumph Group has received a multi-year contract for airframe fabrication of the C-130J Super Hercules transport plane....Read More

Lockheed Martin has received a $15.8 million contract for materials and development support of the Aegis Ballistic Missile Defense system....Read More

Boeing has received a $10 million contract for a risk reduction study on the KC-46 tanker aircraft, the first of which is expected for delivery later this year....Read More

Envistacom announced it has received an $18 million contract under the Deployable Adaptive Global Responder Support, or DAGRS, program....Read More