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Jan. 12 (UPI) -- Crude oil prices dipped into negative territory on Friday on signs Washington would indeed extend waivers that let Iranian oil flow on the global market. The price for Brent crude oil, the global benchmark, hit $70...
Jan. 12 (UPI) -- After a "roller coaster ride" that saw $100-per-barrel swings in crude oil prices, tycoon and former oil man T. Boone Pickens said he's bored with trading oil. The 89-year-old investor, who nine years ago launched The...
Jan. 11 (UPI) -- Boeing has unveiled a new unmanned electric vertical-takeoff-and-landing, or eVTOL, cargo air vehicle prototype that it plans to use to test and evolve future autonomous technology. "This flying cargo air vehicle represents another major step in...
Jan. 10 (UPI) -- Naval Supply Systems Command Weapon Systems Support has awarded General Electric with a contract for services in support of the F/A-18 E-F Super Hornet and EA-18G Growler. The $74 million contract, announced by the Department of...
Jan. 9 (UPI) -- The Pentagon has clarified what the United States expects of Pakistan after suspending the delivery of security funds and military equipment, and what needs to happen for delivery of both to start back up. The Pentagon's...
Jan. 8 (UPI) -- Naval Sea Systems Command has awarded Lockheed Martin a contract for the AEGIS Ballistic Missile Defense equipment in support of the USS Stout, an Arleigh Burke-class guided-missile destroyer. The contract, announced Friday by the Department of...
Jan. 5 (UPI) -- The Pentagon's Inspector General said this week that U.S. and coalition forces are making progress in training the Afghanistan air force, but that work still needs to be done concerning strategic planning and other logistical...
Jan. 5 (UPI) -- Turkey reinforced its partnership with Eurosam, Aselsan and Roketsan to further the country's strategic cooperation in the development of its national security assets. MBDA, a shareholder in Eurosam, announced on Friday the award of a contract...
Jan. 5 (UPI) -- Naval Air Systems Command has awarded Northrop Grumman a contract for Advanced Radar Processor hardware sets in support of the Northrop Grumman E-2D Hawkeye, an all-weather, carrier-capable tactical airborne early warning aircraft. The terms of the...
Jan. 4 (UPI) -- General Atomics has been awarded a contract by the U.S. Air Force for Block 5 kits for the MQ-9 Reaper, just as the U.S. military begins to phase out the MQ-1 Predator drone. The contract was...

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