Defense Aerospace & Defense

  • Germany is part of a European consortium that funded development of the troubled A400M transport plane by Airbus, but German studies have shown it will need some smaller planes since the A400M cannot land on unprepared runways. Von der Leyen declined comment on whether Germany could buy C-130J Super Hercules transport planes built by Lockheed Martin Corp on...

  • Germany is part of a European consortium that funded development of the troubled A400M transport plane by Airbus, but German studies have shown it will need some smaller planes since the A400M cannot land on unprepared runways. Von der Leyen declined comment on whether Germany could buy C-130J Super Hercules transport planes built by Lockheed Martin Corp on...

  • NEW YORK, Sept 28- In-flight internet provider Gogo Inc said on Wednesday it is building a faster version of its air-to-ground system for business and commercial aircraft that will ease a bandwidth bottleneck when it becomes available in 18 months. The service will provide speeds of 100 megabits per second to an aircraft, about 10 times more than Gogo's...

  • BARCELONA, Sept 28- A senior Airbus Group executive, Christian Scherer, is to be named as chief executive of Franco-Italian turboprop aircraft maker ATR, a person familiar with the matter said on Wednesday. Scherer, who currently heads Airbus Group International, will replace Patrick de Castelbajac, who is leaving half way through his four-year mandate to...

  • BRATISLAVA/ BRUSSELS, Sept 28- The European Union's executive wants to boost the bloc's joint defence and security with an initial investment of 90 million euros in research, marking a turning point after years of cuts. Now the European Commission proposes to use the EU budget to fund it. A 90 million-euro plan put forward by the Commission could serve as a pilot...

  • BRATISLAVA/ BRUSSELS, Sept 28- The European Union's executive wants to boost the bloc's joint defense and security with an initial investment of 90 million euros in research, marking a turning point after years of cuts. Now the European Commission proposes to use the EU budget to fund it. A 90 million-euro plan put forward by the Commission could serve as a pilot...

  • HARTFORD, Conn.— A $220 million agreement that would keep Sikorsky Aircraft Corp. in Connecticut for at least the next 16 years to produce a new line of heavy cargo helicopters for the U.S. military easily cleared the General Assembly on Wednesday, with some lawmakers hailing the deal as a positive sign for manufacturing in the state. Dannel P. Malloy's...

  • BARCELONA, Sept 28- A senior Airbus Group executive, Christian Scherer, is to be named as chief executive of Franco-Italian turboprop aircraft maker ATR, a person familiar with the matter said on Wednesday. Scherer, who currently heads Airbus Group International, will replace Patrick de Castelbajac, who is leaving half way through his four-year mandate to...

  • BRATISLAVA, Sept 28- A modest proposed investment of 90 million euros in EU defence research could mark a turning point after years of cuts that have put the continent's future military capabilities at risk, the head of the European Defence Agency said. The plan put forward by the European Commission has taken on added significance since Britain voted to quit...

  • BRATISLAVA, Sept 28- A modest proposed investment of 90 million euros in EU defense research could mark a turning point after years of cuts that have put the continent's future military capabilities at risk, the head of the European Defence Agency said. The plan put forward by the European Commission has taken on added significance since Britain voted to quit...

  • *East has axed 600 management jobs since taking helm. *Turnaround program felt across business- source. LONDON, Sept 28- Rolls-Royce boss Warren East has rebuilt confidence in the British engine-maker, but there are doubts among investors and industry experts about whether his slimmed-down group has the muscle to meet ambitious production and development...

  • US Assistant Secretary of State for East Asian and Pacific Affairs Daniel Russel (L) talks with South Korean Foreign Minister Yun Byung-Se (R).

    The U.S. plans to speed up deployment of the THAAD anti-missile system to South Korea, given the pace of North Korea's missile tests.

  • CAPE CANAVERAL, Fla.— On a personal quest to settle Mars, SpaceX founder Elon Musk envisions 1,000 passenger ships flying en masse to the red planet well within the next century, "Battlestar Galactica" style. Musk, who also runs electric car maker Tesla Motors, received a wildly warm reception at the International Astronautical Congress in Guadalajara, Mexico.

  • TANGIERS, Morocco— Boeing Co. has signed an agreement with Morocco's government that the North African kingdom hopes will create 8,000 jobs and an additional $1 billion a year in export revenue. With a high-quality but cheap workforce, Morocco's aerospace sector has developed rapidly over the past decade. Moroccan Industry Minister Hafid El Alamy says...

  • Musk on Mars?

    CNBC's Morgan Brennan reports the latest details surrounding Elon Musk's SpaceX announcement to colonize Mars.

  • DUBAI, United Arab Emirates— Dubai Airports is boosting the number of specialized facilities to handle Airbus A380 planes at the Middle East's busiest airport as hometown carrier Emirates grows its fleet of the double-decker aircraft. The government-backed airport operator said Monday it plans to add 10 more A380 gates with air bridges at Dubai...

  • SpaceX CEO Elon Musk at the unveiling event of the Dragon V2 in Hawthorne, California, May 29, 2014

    The space exploration company founded by billionaire Elon Musk has successfully tested a new rocket engine that could one day help humans establish life on Mars.

  • Aviation Outlook

    Airbus focuses on more hub-and-spoke aircraft models, while Boeing is more targeted with point-to-point models, says Frost & Sullivan's Subhranshu Sekh Das.

  • XPRIZE founder: People have no idea how fast the world will change

    Peter Diamandis, XPRIZE founder and executive chairman, discusses the foundation of his company, space exploration and opening up the space economy.

  • PARIS, Sept 22- Airbus Group Chief Executive Tom Enders has warned staff of a possible cut in commercial helicopter production, following a recent cut in output for the slow-selling A380 passenger jet. Airbus Helicopters is the world's largest commercial helicopter maker. Airbus Helicopters is the world's largest commercial helicopter maker.

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