Business News [UP]

The United States and British navies have completed a series of mine-countermeasure exercises in the Arabian Gulf....Read More

The future U.S. Navy submarine USS Colorado, built by Huntington Ingalls Industries and General Dynamics Electric Boat, has been delivered to the service....Read More

The first of four Gowind 2500 corvettes was been delivered Friday to the Egyptian Navy by France’s Naval Group....Read More

Retired Army. Capt. Gary Michael Rose will receive the Medal of Honor in a ceremony at the White House on Oct. 23 for heroism in Laos during the Vietnam War....Read More

Newbegin Enterprises has been awarded a $90.5 million contract for an internet-based, contractor-run parts store for U.S. Air Force vehicles....Read More

A Patriot target vehicle has been successfully launched from Wake Island by Orbital ATK for the U.S. Air Force Space and Missile Systems Center....Read More

Rolls-Royce AG is to supply MTU series 106 engines to Polish vehicle manufacturer Jelcz beginning this year....Read More

The U.S. Marine Corps has ushered SAIC’s survivability upgrade for the corps’ assault amphibious vehicle into the program’s production and deployment phase....Read More

Lockheed Martin has successfully used a 30 kilowatt laser to bring down drones during tests in August, the company announced on Wednesday....Read More

Crude oil prices were moving considerably higher early Wednesday on lower-than-expected levels of oil held in storage, though the market may be overheating....Read More