Business News [UP]

It could take five years for Saudi Arabian oil production to return to levels from two years ago and that leaves overall GDP constrained, Moody’s said....Read More

Republic of Korea is set to receive 36 AH-64E Apache helicopters in a $96 million agreement between the U.S. Army and Boeing....Read More

Raytheon has been tapped by the U.S. Army for anti-tank missiles for the governments of Oman and Taiwan as part of a $129.9 million contract....Read More

Lockheed Martin has been awarded a $1.4 billion contract for recurring logistics services on delivered F-35 air systems for the U.S. military and foreign partners....Read More

Anticipations of a build in U.S. crude oil inventories and reconsideration of an Iranian risk premium sent oil prices lower in early Tuesday trading....Read More

Heckler and Koch Defense has been awarded a $29 million contract by the U.S. Marine Corps for M27 Infantry Automatic Rifle systems and spare parts....Read More

Raytheon has been awarded a $143.2 million contract by the U.S. Navy for Tomahawk cruise missiles....Read More

Lockheed Martin has been awarded a contract from the U.S. Army for guided multiple-launch rocket systems for various foreign countries....Read More

Easing in geopolitical risk, increased U.S. exploration activity and weaker gasoline demand in China all contributed to a drop in crude oil prices early Monday....Read More

General Atomics has been award a contract from the U.S. Air Force for services in support of MQ-9 Reaper drones....Read More