Business News [UP]

Lockheed Martin will develop lower-tier air and missile defense sensor prototypes under a Department of Defense contract....Read More

Boeing said it has invested in Near Earth Autonomy, a company developing a portfolio of technologies for reliable automatic flight....Read More

The rise in the value of the U.S. dollar and tolerance for the risk in the oil-rich Kurdish north of Iraq pushed oil prices lower in early Friday trading....Read More

A multi-modal sensor fusion test bed for rotary aircraft is to be developed by Lockheed Martin for the U.S. Army under a contract worth $12 million....Read More

General Atomics Aeronautical Systems Inc, maker of the Predator remotely piloted aircraft, has entered cooperative agreements with South Korean entities....Read More

Army officials have awarded a $332.9 million contract to Textron Systems Marine and Land Systems for the procurement of 255 Mobile Strike Force Vehicles....Read More

A downbeat sentiment from a Russian oil boss on the trajectory for crude oil prices sent key benchmarks diving into negative territory early Thursday....Read More

Navy officials have awarded $18.2 million to convert high-speed, anti-radiation missiles into advanced medium-range air-to-ground guided missiles for Italy....Read More

Derco has extended its distribution agreement with UTC Aerospace Systems for distribution of spares for the 54H60 propeller system used on C-130 aircraft....Read More

Leonardo and Hanwha Systems of South Korea are partnering to produce avionics system....Read More