Category: Business

Northrop Grumman receives $46M order for eight Air Force threat simulation, training systems

May 14 (UPI) — Northrop Grumman Corporation has received a $46 million delivery order from the U.S. Air Force for eight joint threat emitter units for electronic...

Saab awarded $18M to supply Australian Army with M4 weapons system

April 12 (UPI) — Saab was awarded an $18 million contract supply the Australia’s Army with its latest version of the portable bazooka-type weapons system. In...

Lockheed awarded $506.9M contract for PAC-3 missiles

March 15 (UPI) — The U.S. Army awarded Lockheed Martin a $506.9 million contract to build the Patriot Advanced Capability-3 missiles. The contract is for...

Raytheon nets $88.4M for Hornet, Growler electronic upgrades

Feb. 12 (UPI) — Raytheon was awarded an $88.4 million contract for upgrades of sensor system software and hardware for the U.S. Navy’s F/A-18 Hornets and...

U.S. Air Force awards Lockheed $131.6M for C-5 sustainment

Jan. 14 (UPI) — The U.S. Air Force has awarded Lockheed Martin Aeronautics a $131.6 million contract for sustainment engineering services for the military...

Bolton outlines shift in Africa strategy for military, civilian aid

Dec. 14 (UPI) — National Security Advisor John Bolton said during a speech at the Heritage Foundation that the U.S. has to readjust it’s strategy for Africa...

Crude oil prices ‘just fine’ around $70 per barrel, Putin says

Nov. 15 (UPI) — Vladimir Putin, president of Russia — one of the world’s three biggest crude oil producers of crude oil along with the U.S. and Saudi...

Chinese companies said to be planning a $2B refinery in Iran

Oct. 15 (UPI) — Chinese companies have offered to invest $2 billion to build a refinery in a northern region of Iran located in the southern shores of the Caspian...

Abu Dhabi group delays stock offer for 25 percent of Cepsa due to market ‘instability’

Oct. 15 (UPI) — The Abu Dhabi-based Mubadala group cited “markets instability” as it on Monday delayed selling a 25 percent stake in the Spain-based...

Publishers are wary of Facebook and Google but must work with them

IN RECENT months Google and Facebook have made changes that may escape the notice of most of their billions of users, but not of news organisations. Facebook began...

The bitcoin bubble

PUT the word Bitcoin into Google and you get (in Britain, at least) four adverts at the top of the list: “Trade Bitcoin with no fees”, “Fastest Way to...

Workers are not switching jobs more often

EVERYBODY knows—or at least thinks he knows—that a millennial with one job must be after a new one. Today’s youngsters are thought to have little loyalty towards...