Business News [UP]

Germany’s Rheinmetall reports receiving two new orders for air defense system hardware and services for the air forces of two countries....Read More

The F-35 is nearing completion of its Systems Development and Demonstration phase as the airframe passes 100,000 hours in flight time, Lockheed Martin announced....Read More

BAE Systems and the Gorizioni Group SpA have entered an agreement for the joint support of the BvS10 armored all-terrain vehicle....Read More

The U.S. military is planning a test of the THAAD missile defense system in Alaska as soon as this weekend, according to an advisory from the U.S. Coast Guard....Read More

Raytheon and Lockheed Martin have received a $10.1 million contract to modernize the Command Launch Unit for their jointly-developed Javelin anti-tank missile....Read More

With President Donald Trump, the U.S. Navy is commissioning the new aircraft carrier USS Gerald R. Ford into service today at Naval Station Norfolk in Virginia....Read More

The U.S.Army’s Global Response Force successfully conducted an airborne exercise using the En Route Mission Command tactical networking system....Read More

President Donald Trump signed an executive order Friday ordering a review of the U.S. defense industrial base and supply chains...Read More

BAE Systems received a $45.2 million contract for development work on the Ground Based Strategic Deterrent intercontinental ballistic missile replacement program....Read More

Market jitters about what happens next with the OPEC-led production deal acted Friday as a spoiler for the recent rally in crude oil prices....Read More