Business News [UP]

Oil prices tread water Tuesday ahead of the start of U.S. trading from a European-Japanese trade agreement, offsetting headwinds from supply commitments....Read More

The U.K. has confirmed its commitment to the continued development of the Eurofighter program in accordance with its new Combat Air Strategy....Read More

Lockheed Martin and Rafael Advanced Defense Systems have agreed to study requirements for Rafael’s Smart, Precise Impact and Cost-Effective missile guidance systems....Read More

Lockheed Martin has received a $25.4 million contract for support and production of the AN/SQQ-89A(V)15 Surface Ship Undersea Warfare System....Read More

The KC-46 Pegasus has successfully completed its final flight tests, setting the stage for delivery of the first aircraft to the Air Force in late October....Read More

Rockwell Collins and DRS are forming a partnership to work on the advanced Joint Secure Air Combat Training System for the U.K. Ministry of Defense....Read More

Kratos Technology & Training Solutions is receiving a $53.1 million modification to a previous contract for planning and logistics in support of Saudi Arabia....Read More

Oil prices lacked clear direction ahead of the start of U.S. trading on Friday as a handful of market watchers said the situation for energy was very volatile....Read More

Leonardo and Polska Grupa Zbrojeniowa signed a letter of intent for both companies to design the the new helicopter class AW249....Read More

The Ronald Reagan Strike Group, with Carrier Air Wing 5 and the Arleigh Burke-class destroyer USS Milius, conducted an air defense exercise in the Philippine Sea....Read More