Business News [UP]

Crude oil prices turned lower in a Monday trading muted by an extended Easter holiday as Middle East gains offset a dip in North American rig counts....Read More

Data show March exports from Iraq, one of OPEC’s top producers, at an average of 3.4 million barrels of oil per day were slightly more than the previous month....Read More

The U.S. Air Force has awarded a $187 million contract to Boeing for the F-15 Radar Modernization Program radar upgrades....Read More

The U.S. Air Force has awarded a $460 million contract to Raytheon Self Protect Services for work on its AN/ALR‐69A digital Radar Warning Receiver system....Read More

Royal Dutch Shell’s Brazilian subsidiary secured four deep-water exploration blocks off the country’s coast, the company announced....Read More

L-3 Fuzing and Ordnance System Inc., was awarded a $50.8 million contract by the U.S. Army for two variants of fuzes for mortar round ammunition....Read More

Insitu Inc. has been awarded a $47 million contract by the U.S. Navy for eight ScanEagle unmanned aircraft systems and management of the systems in Afghanistan....Read More

General Dynamics has been awarded a contract by the U.S. Army for Abrams systems technical support....Read More

Raytheon received a contract from the Defense Logistics Agency for parts on variations of the Navy’s H-60 helicopters, which include the Black Hawk and Seahawk....Read More

RUAG Aviation was awarded a contract by the Air Force for guidance and control systems on Sidewinder missiles on the Northrop Grumman-produced F-5 aircraft....Read More