Defense Aerospace & Defense


  • North Korean leader Kim Jong Un

    North Korea's foreign minister said the United States had destroyed the possibility of a nuclear-free Korean peninsula, Yonhap reported

  • Solar Impulse 2 makes its final approach for landing at Al Batin Airport in Abu Dhabi on July 26, 2016.

    The Solar Impulse 2 has landed more than a year after its initial take off, completing the first round-the-world flight powered by solar energy.

  • A potential President Donald Trump would be almost as painful for Asia as for his usual whipping boy, Mexico, Nomura has warned.

  • BEIJING— An official news agency says China has unveiled the world's largest amphibious aircraft that Beijing plans to use for marine missions and fighting forest fires. The Xinhua News Agency said the AG600 rolled off a production line in Zhuhai in southern China on Saturday. Last week, a Cessna 208 B seaplane making its inaugural flight in China crashed into a...

  • American Airlines Group Inc., up $1.40 to $36.36. Boston Beer Co., up $25.42 to $190.16. Boeing Co., down 6 cents to $133.47.

  • Asia doing well: Hawaiian Airlines CEO

    Hawaiian Airlines CEO Mark Dunkerley discusses fears of travel, the success of his airline company in the Asia market, and travel to Hawaii.

  • *Cuts 2016 sales view to $40- $40.6 bln from $40.3- $40.9 bln. *To "stay conservative" with Europe investments post Brexit. The company also said Britain's vote to leave the United Kingdom could weigh on economic growth in both regions long term and that it would "stay conservative" in terms of investments in the region that accounted for 22 percent of its 2015 sales.

  • The company's shares dropped more than 2.4 percent to $115.80 in premarket trading on Friday. Honeywell lowered it 2016 sales forecast to $40.0- $40.6 billion from $40.3- $40.9 billion, slightly short of analysts average estimate of $40.64 billion, according to Thomson Reuters I/B/E/S. The company's revenue rose 2.2 percent to nearly $10 billion in the second...

  • July 22- Cessna aircraft maker Textron Inc reported a 6 percent rise in second-quarter profit on Friday, helped by strong demand for business jets. The company's net income rose to $177 million, or 65 cents per share, in the second quarter ended July 2, from $167 million, or 60 cents per share, a year earlier. Total revenue rose 8.1 percent to $3.51 billion.

  • July 22- Honeywell International Inc, a U.S. manufacturer of aerospace parts and climate control systems, reported a 7.4 percent rise in quarterly profit, helped by strength in its automation and control solutions business. Net income attributable to Honeywell rose to $1.28 billion, or $1.66 per share, in the second quarter ended June 30, from $1.19 billion, or...

  • July 21- Boeing Co's second-quarter results will include more than $2 billion in charges related to the 787, 747 and KC-46 tanker aircraft programs, the aerospace and defense company said on Thursday. The combined charges of $2.05 billion address high-profile problems such as dwindling demand for very large planes like the 747 and a hangover of nearly $30...

  • July 21- Boeing Co said on Thursday it will take more than $2 billion in accounting charges related to the 787, 747 and KC-46 tanker aircraft program when it reports second-quarter results on Wednesday. The 787 charge totals $847 million after tax, or $1.33 a share, and stems from two test aircraft that Boeing said were substantially modified and remain unsold.

  • July 21- Boeing Co said on Thursday that it will take more than $2 billion in accounting charges related to the 787, 747 and KC-46 tanker aircraft program for the second quarter.

  • A Southwest Airlines jet takes off at Midway Airport in Chicago, Illinois.

    Southwest Airlines is investigating technical issues impacting all its online platforms, the company tweeted on Wednesday.

  • WASHINGTON— NASA is celebrating a 29- cent Pluto-themed postage stamp stuck to the side of the New Horizons spacecraft that has traveled nearly 3.5 billion miles from Earth. NASA says the 1991 stamp that carried the message "Pluto Not Yet Explored" helped inspire the New Horizons team. The team stuck it to the spacecraft shortly before it launched in January 2006,...

  • Teterboro Airport, New Jersey

    CNBC speaks to the people behind both NetJets and VistaJet about the impact Brexit will have on their business.

  • A man watches a television news broadcast at a railway station in Seoul on July 9, 2016, showing file footage of a North Korean missile launch. North Korea on July 9 test-fired what appeared to be a submarine-launched ballistic missile.

    North Korea says its ballistic missile test simulated strikes against South Korean ports and airfields used by the U.S. military.

  • ALBUQUERQUE, N.M.— The head of the New Mexico Spaceport Authority said Tuesday she will resign, saying she still believes in the commercial space industry and that Spaceport America has a role to play despite criticism that flights filled with paying passengers have not yet lifted off from the remote desert site. Susana Martinez obtained by The Associated...

  • BERLIN, July 19- Germany expects to take delivery of four more A400M military transport planes from Airbus before the end of this year, a defense ministry spokesman said on Tuesday. Germany has ordered 53 of the planes from Airbus, but only four have been delivered so far, including one earlier this month, with production delays caused in part by gearbox glitches on...

  • BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported second-quarter earnings of $1.02 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.92 per share. Three analysts surveyed by Zacks expected $12.53 billion.

Defense Contractors