U.S. arms makers praise new U.S. weapons export policyU.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government's push to sell more weapons overseas and said they expected European defense spending to increase in the coming years.
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Lockheed wins $451 million U.S. defense contract: PentagonLockheed Martin Corp is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction of four Multi Mission Surface Combatant ships, the Pent…Read More
Oil's 4 percent tumble weighs on energy shares; banks rallyThe price of oil tumbled more than 4 percent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares rallied after upbeat news from Bank of America and Deutsche Bank.
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