Defense Aerospace & Defense

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  • PARIS, Feb 5- Airbus is renegotiating delivery schedules for its revamped A320neo jet and has told some airlines the aircraft will be delayed by about two months, industry sources said. So far, Airbus has delivered one aircraft to Germany's Lufthansa. The launch customer was originally supposed to be Qatar Airways but it rejected the aircraft due to a longer than...

  • Whatever lifts off from North Korea's western coast space center this month, one thing is certain— since rockets and missiles inevitably have overlapping technologies, it will run afoul of U.N. resolutions that have been in place for years to bar North Korea from testing any technology that could be used to develop long-range ballistic missiles.

  • Esterline Technologies misses Street 1Q forecasts Thursday, 4 Feb 2016 | 4:27 PM ET

    BELLEVUE, Wash. _ Esterline Technologies Corp. on Thursday reported fiscal first-quarter net income of $5.1 million, after reporting a loss in the same period a year earlier. Esterline Technologies expects full-year earnings in the range of $4.40 to $4.80 per share, with revenue in the range of $1.93 billion to $1.98 billion. Esterline Technologies shares...

  • Teledyne tops Street 4Q forecasts Thursday, 4 Feb 2016 | 7:07 AM ET

    THOUSAND OAKS, Calif. _ Teledyne Technologies Inc. on Thursday reported fourth-quarter profit of $55.5 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share. Teledyne expects full-year earnings to be $5.05 to $5.15 per share.

  • WARSAW, Feb 4- Poland has decided to scrap the $3 billion deal for 50 Airbus utility helicopters and will buy only a few aircraft from the European company, the daily Rzeczpospolita reported on Thursday citing defence sources. The move, coming months before a NATO summit in Warsaw where Poland is expected to seek more allied presence on its territory, could strain...

  • Second batch of U.S. F-16 jets arrives in Iraq Wednesday, 3 Feb 2016 | 11:20 AM ET

    WASHINGTON, Feb 3- Iraq has received a second batch of F-16 fighter jets from the United States, a U.S. military spokesman said on Wednesday. Iraq ordered 36 of the $65 million Lockheed Martin Corp planes, but initial deliveries were delayed because of security concerns after Islamic State militants overran large areas of the country last year.

  • NEW DELHI, Feb 3- U.S. aircraft maker Boeing Co is in a "conversation" on manufacturing its F/A-18 Super Hornet fighter jet in India, Chief Executive Officer Dennis Muilenburg was quoted on Wednesday as saying on his first visit to the country. Prime Minister Narendra Modi's' Make in India' drive is designed to expand India's industrial base. India is locked in talks...

  • The Trade: Election may boost these stocks Tuesday, 2 Feb 2016 | 5:00 AM ET
    Stock Exchange building with George Washington

    CNBC Pro screened for which stocks and securities are top performers during presidential election years.

  • Iran signs deal to buy 20 more airplanes Tuesday, 2 Feb 2016 | 4:36 AM ET

    TEHRAN, Iran— Iran's national carrier has signed an agreement to buy 20 new passenger airplanes with an option for 20 more from French-Italian aircraft manufacturer ATR, Iranian media reported Tuesday. The purchase comes a week after Iran Air signed a deal to buy 118 planes from the European consortium Airbus, signaling a major effort to develop the civilian...

  • Boeing 737 MAX first flight Friday, 29 Jan 2016 | 9:01 PM ET
    Boeing 737 MAX first flight

    CNBC's Phil LeBeau reports on the first flight of the new version of the Boeing 737 MAX.

  • WASHINGTON, Jan 29- Boeing Co said on Friday it would test additional improvements to its ground-based U.S. missile defense system later this year during a first test of the system's ability to intercept an intercontinental ballistic missile, or ICBM. Missile Defense Agency Director James Syring told the Center for International and Strategic Studies last...

  • GE aviation cuts 7 percent of engineering jobs Friday, 29 Jan 2016 | 10:37 AM ET
    A GEnx-1B commercial jet engine hangs from the ceiling of a test tunnel at the GE Aviation Test Operations facility in Peebles, Ohio.

    GE Aviation will cut 238 engineering jobs in Ohio and 69 at other U.S. sites trimming more than 7 percent of its engineering workforce.

  • Cramer's Mad Dash: Eye on Honeywell Friday, 29 Jan 2016 | 9:24 AM ET
    Cramer's Mad Dash: Eye on Honeywell

    Jim Cramer explains what to watch ahead of the open including Honeywell's stock as the company reports good growth in its aerospace division.

  • AMERICAN AIRLINES HAS DEFERRED TWO OF ITS SIX AIRBUS A350 AIRCRAFT DELIVERIES FOR 2017 BACK TO 2020- CFO.

  • The company's expenses fell about 8.6 percent to $6.92 billion in the fourth quarter ended Dec. 31, lifting operating income margins to 17.4 percent from 12.1 percent. Net income attributable to Honeywell rose to $1.19 billion, or $1.53 per share, in the quarter from $956 million, or $1.20 per share, a year earlier. Honeywell reaffirmed its full-year earnings of...

  • Honeywell profit rises 24.9 pct as costs fall Friday, 29 Jan 2016 | 6:38 AM ET

    The company's expenses fell about 8.6 percent to $6.92 billion in the fourth quarter ended Dec. 31. Net income attributable to Honeywell rose to $1.19 billion, or $1.53 per share, in the quarter from $956 million, or $1.20 per share, a year earlier. Revenue fell 2.8 percent to $9.98 billion.

  • *China held talks with Russia in November on engine collaboration. SINGAPORE, Jan 29- China has built a potent military machine over the past 30 years but is struggling to develop advanced engines that would allow its warplanes to match Western fighters in combat, foreign and Chinese industry sources said. Western restrictions on arms exports to China prohibit...

  • UPDATE 1-Alcoa wins Boeing supply agreement Thursday, 28 Jan 2016 | 9:07 AM ET

    Jan 28- U.S. aluminum producer Alcoa Inc said on Thursday it will supply aerospace parts to Boeing Co under a new long-term agreement, the latest in a series of contract wins. Shares of Alcoa were up 1.6 percent in premarket trading on Thursday. Alcoa has secured about $10 billion in aerospace contracts since the start of 2015, including the Boeing contracts.

  • WASHINGTON, Jan 28- Northrop Grumman Corp, maker of Global Hawk surveillance planes, on Thursday reported a decline in fourth-quarter profit that was much less steep than analysts had expected. For 2016, the third-largest U.S. weapons maker said it expected earnings per share of between $9.90 and $10.20, compared with $10.39 for 2015. It forecast sales between...

  • Under a deal reached between Iran and six major powers in 2015, sanctions imposed on Tehran were lifted this month in return for curbs to the country's nuclear programme. Airbus Chief Executive Fabrice Bregier said on Wednesday that he had held talks this month in Tehran with government and Iran Air officials that could lead to the rapid sale of aircraft in the...

Defense Contractors

  • Troublesome Liaisons of the Business World

    The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.

  • Petraeus Scandal Widens

    A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.

  • Is the Defense Sector the New 'Girls Club?'

    CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.