Business News [UP]

Follow-on production of Paveway II plus Laser-Guided Bomb Kits is to be conducted by Lockheed Martin under a $131 million Air Force contact....Read More

Orbital ATK said Tuesday it has been tapped to produce additional composite components for Lockheed Martin’s F-35 Lightning II fighters....Read More

Search-and-rescue aircraft being supplied to Canada by Airbus Defense and Space will be equipped with Elta Systems’ maritime patrol radars....Read More

Engility Corp. has been awarded a $9.3 million contract to provide electronic warfare enhancements to aircraft of the U.S. Navy and Australian government....Read More

Bullish signals emerging Tuesday sparked only a minor rally in oil prices as traders wait to see what pans out in the actual weekly supply and demand figures....Read More

A proposed sale of UH-1Y helicopters to the Czech Republic through the U.S. Foreign Military Sales program has won State Department approval....Read More

A Raytheon-built Standard Missile-3 intercepted a medium-range missile target off the coast of Scotland during a NATO-led exercise....Read More

Pentagon officials on Friday announced a $64 million contract for Egypt border security through Advanced Technology Systems Co., which is based in McLean, Va....Read More

Main benchmarks for the price of crude oil diverged early Monday following a drop in U.S. exploration activity and lingering geopolitical risk....Read More

Japan may add SM-6 missiles to the country’s future ground-based defense system to intercept missiles, Yomiuri Shimbun reported....Read More