Business News [UP]

The Italian navy will equip its U212A class of submarines with Leonardo’s Black Shark Advanced torpedo, the company announced on Wednesday....Read More

General Atomics has been awarded a $39 million contract for intelligence, surveillance and reconnaissance surge support for the MQ-9 Reaper drone for Marine Corps Task Force Southwest....Read More

Questions over what happens next with OPEC, and threats of violence in member-state Nigeria, left crude oil prices swinging wildly in early Wednesday trading....Read More

The Pentagon awarded Advanced Acoustic Concepts a $12.1 million contract to provide software engineering services for mission modules on Littoral Combat Ships....Read More

The Pentagon awarded a $20 million contract to MACRO Industries for ballistic protection panel sets and single floor spares for the V-22 Osprey aircraft....Read More

Mounting trade pressures between the United States and China eroded confidence in the commodities markets, dragging the price of oil lower on Tuesday....Read More

Ahead of what could be pivotal talks among OPEC members, production from founding member Venezuela could hit new lows soon, an industry report found....Read More

Marvin Engineering has been awarded a $126 million contract for more than 1,000 guided-missile launchers and components for U.S. military fighter aircraft....Read More

DRS Sustainment Systems has been awarded a $192 million contract for services in support of the Abrams M1A2 Main Battle Tank....Read More

Middle East tensions, heightened by militant activity in OPEC-member Libya, and guesses over what’s next for the producer group sent oil prices higher Monday....Read More