Business News [UP]

The U.S. president needs to pull the country out of the Paris climate agreement in order to stimulate the oil and gas sector, a trade group said....Read More

Incumbent Iranian President Hassan Rouhani said easing international sections and addressing a high rate of inflation are priorities for the OPEC member state....Read More

BAE Systems debuted Britain’s fourth Astute-class submarine when it was rolled outThursday, ahead of being lowered into the water Friday morning....Read More

International Marine & Industrial Applicators and QED Systems have been awarded a $260.1 million joint contract for coating work on U.S. Navy vessel surfaces....Read More

Canadian Commercial will provide the Military Sealift Command Situational Awareness System Electro-Optics Sensor system for the U.S. Navy and Coast Guard, the Department of Defense announced Thursday....Read More

A BWXT subsidiary is to manufacture nuclear fuel and conduct other activities for U.S. Navy submarines and aircraft carriers, the company announced this week....Read More

The U.S. Navy will christen its latest submarine of the Virginia-class, the USS Indiana, on April 29 at Huntington Ingalls Shipyard in Newport News, Va....Read More

Saab has received an order from the Swedish Defense Material Administration for production and delivery of additional anti-ship missiles, the company announced....Read More

The U.S. Navy completed final of tests for Raytheon’s SM-6 missile, certifying it for full operational capability....Read More

Cost-saving efforts, coupled with improved market conditions, meant earnings for the first quarter more than doubled from last year, Exxon Mobil said Friday....Read More