Business News [UP]

OPEC nations and other countries outside the cartel agreed Saturday to share increased oil production in a move seen as stabilizing global energy prices....Read More

General Dynamics was awarded a $149 million contract for foreign sales of missiles and warheads to countries that include Saudi Arabia, Afghanistan and Kenya....Read More

Lockheed Martin was awarded a $364 million contract for maintenance of Army tactical guided missiles and launch assembly support for the U.S. Army and Romania....Read More

Crude oil prices were soaring in early Friday trading after OPEC apparently disappointed with the terms of a consensus agreement on production....Read More

Given the pace of global economic development, oil demand is strong, but major investments are needed to keep up, the president of OPEC said Friday....Read More

Northrop Grumman Systems Corp. has been awarded a $17 million contract for support of the Mk 48 heavyweight torpedo for the U.S. Navy....Read More

Southern Research Institute has been awarded a $9.6 million contract for thermo-mechanical and aero-thermal testing of materials for SLBM re-entry systems....Read More

The U.S. Air Force will procure new aircraft to replace the 46-year-old fleets on each UH-1N location between 2020 and 2032....Read More

Crude oil prices moved deep into negative territory in early Thursday trading amid expectations of a consensus agreement from OPEC on future production....Read More

The U.S. Navy has awarded Metron Inc. with an $8 million contract for advanced modular payloads for unmanned undersea vehicles....Read More