Defense Aerospace & Defense

  • SpaceX’s Falcon 9 rocket taking off to deliver the JCSAT-16 communications satellite to space.

    CNBC's Jane Wells reports from Spaceport America in New Mexico about the future of privately funded space travel and exploration.

  • A 12,000 foot runway at Spaceport America.

    A $220 million, taxpayer-funded spaceport in New Mexico hopes to be home to big-time commercial space launches. Right now, it's pretty quiet.

  • Russia moon base camp Lin Industrial

    A company recently won government approval to land on the moon, but private exploration faces a bigger legal question: Who owns outer space?

  • Submarine builder General Dynamics Electric Boat, based in Groton, Connecticut, delivered the submarine that will become the USS Illinois to the Navy on Saturday after nearly five and a half years of construction. It took thousands of shipyard employees in Connecticut, Rhode Island and Virginia and submarine supply businesses nationwide to build the $2.7...

  • A man looks at damage to the Airlander 10 hybrid airship after a test flight at Cardington Airfield in Britain, August 24, 2016.

    The world's largest aircraft, the Airlander 10 airship, has crashed and suffered damage on its second test flight on Wednesday.

  • WELLINGTON, Fla. _ KLX Inc. on Wednesday reported fiscal second-quarter profit of $9.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 49 cents per share. Three analysts surveyed by Zacks expected $392.7 million.

  • PARIS— Sensitive data on submarines designed for India's navy have leaked from a leading French shipbuilder with military customers around the world. Analysts say the leak is a blow to India's navy and could compromise its underwater combat capabilities. India has spent $3.9 billion on six conventionally powered Scorpene submarines built by France's DCNS...

  • SYDNEY, Aug 24- The French shipbuilder which earlier this year won a A $50 billion contract to build Australia's next generation of submarines has suffered a massive data leak, raising doubts about the security of one of the world's biggest defence projects. France's DCNS Group beat out Germany's ThyssenKrupp AG and a Japanese-government backed bid by...

  • North Korean leader Kim Jong Un looks at a rocket warhead tip after a simulated test of atmospheric re-entry of a ballistic missile, at an unidentified location in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on March 15, 2016.

    North Korea fired a submarine-launched ballistic missile off its east coast, the latest in a string of missile launches by the isolated country.

  • The U.S. Thaad missile is also controversial in South Korea where protests have been held against its deployment on Korean soil. Among concerns are safety fears about the system's powerful radar.

    Tensions on the Korean Peninsula are ratcheting up, which is just what North Korea wants, as it pits China and the U.S. against one another.

  • ROK Drills

    The military drills signal U.S.' and South Korea's commitment to deter any provocations from North Korea, says The Korea Society's Thomas Byrne.

  • US-Korea Drills

    The area's wound up over the deployment of South Korea's anti-missile system and China's unwillingness to get involved, says San Diego academic Stephen Haggard.

  • Executive Edge: Defense spending

    Roger Krone, Leidos chairman & CEO, discusses Leidos and Lockheed Martin's IT business officially joining forces and the state of defense spending.

  • GENEVA/ PARIS, Aug 16- The world's two largest jetmakers are bracing for the next round in a transatlantic spat over billions of dollars of aircraft subsidies, amid accusations of widening U.S. support for Boeing and persistent European aid to Airbus. After a year-long lull, the world's biggest trade dispute will enter a crucial phase in coming months,...

  • "The KC-46 program has made significant strides in moving the Air Force toward the modernization needed in our strategic tanker fleet," Air Force Secretary Deborah Lee James said in a statement announcing the approval. The Air Force added it would soon award Boeing contracts for the first two batches, 19 aircraft in total, with a pre-negotiated combined value of...

  • n this handout provided by NASA, guests watch the second and final qualification motor (QM-2) test for the Space Launch System's booster, Tuesday, June 28, 2016, at Orbital ATK Propulsion Systems test facilities in Promontory, Utah.

    Shares of the U.S. aerospace contractor took a dive after an accounting error, USA Today reports.

  • Who's leading the Asian aerospace race?

    Indonesia might have just built a homegrown plane but Japan's technology expertise makes it a front-runner, says Teal Group's Richard Aboulafia.

  • *Airbus cooperating with UK authorities over agents' role. PARIS, Aug 8- Airbus Group is bracing for a lengthy period of uncertainty over its core commercial jetliner business after Britain said it would examine suspected irregularities in the use of third-party agents to win contracts. The probe raises a sensitive issue for the industry because the agency, UK...

  • Market Index

    Tech is reshaping stock market sectors at a staggering rate. The Kensho New Economy Indices give investors a way to keep up, and profit.

  • *Airbus cooperating with UK authorities over agents' role. PARIS, Aug 8- Airbus Group faces a lengthy and potentially disruptive investigation over its commercial jet sales after Britain said it would examine suspected irregularities in the use of third-party agents to win contracts. The probe raises a sensitive issue for the industry because the agency, UK...

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