Business News [UP]

The MQ-9 Reaper has been outfitted to drop the GBU-38 JDAM and was successfully tested in Nevada on May 5....Read More

Boeing has been awarded an $89.2 million contract for maintenance on the F/18 series of naval aviation fighter planes and EA-F18G electronic warfare aircraft....Read More

The Canadian defense minister has indicated the helicopter upgrades must be prioritized in defense spending, or be removed from service....Read More

Israel’s Ministry of Defense has contracted with Elbit Systems Ltd to provide its satellite-on-the-move systems for land vehicles, the company announced Monday....Read More

A new design and project management office is being opened by Austal in Australia to manage its bid for an Royal Australian Navy contract....Read More

Crude oil prices were looking for momentum from the French presidential election and from OPEC production cut agreements, but Monday was off to a slow start....Read More

Extending an agreement with OPEC to balance the market through managed production declines is in Russia’s interest, the country’s energy minister said Monday....Read More

British energy company BP said Monday its joint effort off the coast of West Africa sets the partnership up for a strong regional position....Read More

The French military procurement agency has selected DCNS to modernize three La Fayette-class frigates starting in 2020....Read More

A large military exercise involving more than 6000 personnel is running from May 1st to the 12th under the name Exercise Northern Edge....Read More