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Defense Aerospace & Defense

  • Elon Musk's aerospace manufacturer and space transport service has 70 missions booked, representing $10 billion in contracts.

  • An Israeli military officer inspects a supply shipment into Gaza.

    One of the world's most volatile areas is at risk of becoming more explosive.

  • Boeing resumes 737 MAX flights after engine issue

    CNBC's Phil LeBeau reports that Boeing has resumed test flights of its new 737 MAX airplane after a previous halt due to engine issues.

  • In February at the request of the White House, NASA began studying the possibility of putting a crew on the first flight. The White House took part in the decision, said NASA's Acting Administrator Robert Lightfoot. The first launch had been targeted for next year, but now won't happen until 2019 when NASA will send an unoccupied Orion capsule to the vicinity of the...

  • Boeing and engine maker CFM International must submit data to the U.S. Federal Aviation Administration, and the FAA has to "review it and determine that those engines can be cleared for flight," said Jamie Jewell, a spokeswoman for CFM, a joint venture between General Electric Co and Safran SA of France. The FAA is working with CFM and Boeing "to develop a proposed plan...

  • Boeing and engine maker CFM International must submit data to the U.S. Federal Aviation Administration and the FAA has to "review it and determine that those engines can be cleared for flight," said Jamie Jewell a spokesman for CFM, a joint venture between General Electric Co and Safran SA of France. The FAA spokeswoman said she was checking on the matter.

  • VILLAROCHE, France, May 11- The head of Safran's aircraft engines division said his company aimed to fix a Boeing plane engine glitch within weeks, after Boeing had to suspend test flights on a flagship new aircraft. Boeing said on Wednesday it had halted test flights of its new 737 MAX aircraft due to an issue with the engine, made by Safran-GE joint-venture CFM...

  • DULLES, Va. _ Orbital ATK Inc. on Thursday reported first-quarter net income of $66.5 million. Orbital ATK expects full-year earnings to be $5.80 to $6.20 per share, with revenue in the range of $4.55 billion to $4.63 billion. Orbital ATK shares have increased 12 percent since the beginning of the year.

  • SEATTLE, May 10- Boeing Co said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France. Boeing shares fell 1.3 percent to $183.15 in afternoon trading on the New York Stock Exchange. GE shares were down 0.9 percent at $28.67.

  • SEATTLE, May 10- Boeing Co said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France. Boeing shares fell 1.3 percent to $183.15 in afternoon trading on the New York Stock Exchange. GE shares were down 0.9 percent at $28.67.

  • SEATTLE, May 10- Boeing Co said on Wednesday it temporarily halted flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France. Boeing shares fell 1.3 percent to $183.15 in afternoon trading on the New York Stock Exchange. Safran found a quality problem in a disc used in the low-pressure...

  • SEATTLE, May 10- General Electric Co said on Wednesday that Boeing had temporarily halted flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by GE and Safran SA of France. The grounding comes days before Boeing was due to deliver its first 737 MAX to an airline, and marks a high-profile delay in a program that Boeing had said was...

  • The first Boeing 737 MAX 9 airliner is pictured at the company's factory on March 7, 2017 in Renton, Washington. The 737 MAX 9, which can carry up to 220 passengers, is the second of three variants of the popular single-aisle model.

    Boeing on Wednesday temporarily suspended flights of its 737 Max narrow-body jetliners due to an engine problem.

  • Boeing suspends 737 MAX flights due to engine issues

    CNBC's Phil LeBeau reports that Boeing is suspending test flights of its 737 MAX aircraft due to engine issues ahead of first deliveries next week.

  • LONDON, May 10- BAE Systems, the world's third-largest defense contractor, has started its new financial year well, with trading consistent with expectations, it said on Wednesday. The firm said its outlook remains unchanged with 2017 underlying earnings per share expected to be approximately 5 percent to 10 percent higher than the 40.3 pence made in 2016..

  • PARIS, May 9- The world's largest independent aircraft leasing company, AerCap said on Tuesday there was "good solid demand" for the wide-body jets, after concerns surfaced in the U.S. about weak demand for the most widely traded types of jets. American Airlines and Delta Air Lines have announced plans to defer deliveries of long-haul passenger planes, amid...

  • PARIS, May 9- The world's largest independent aircraft leasing company, AerCap, sought on Tuesday to dampen concerns over recent U.S. publicity about weak demand for wide-body jets, saying there was "good solid demand" for the most widely traded types. A number of major U.S. airlines have announced plans to defer deliveries of long-haul passenger planes, amid...

  • A woman looks at posters of presidential candidates ahead of the election in South Korea on May 9, 2017.

    South Koreans went to the polls on Tuesday, in an election that may have already swayed under bombastic rhetoric from U.S. President Donald Trump.

  • An F/A-18E Super Hornet assigned to the Stingers of Strike Fighter Attack Squadron (VFA) 113 takes off from the flight deck of the aircraft carrier USS Theodore Roosevelt.

    An inside look at Boeing’s F-18 production line in St. Louis, Missouri, which could get a second life in the Trump era.

  • WASHINGTON, May 5- Washington is working to push through contracts for tens of billions of dollars in arms sales to Saudi Arabia, some new, others in the pipeline, ahead of U.S. Saudi Arabia is Trump's first stop on his maiden international trip, a sign of his intent to reinforce ties with a top regional ally. Washington and Riyadh are eager to improve relations...

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