×

Defense Aerospace & Defense

  • SEATTLE, May 18- Canada suggested on Thursday it could scrap plans to buy Boeing Co fighter jets if the United States backed Boeing's claims that Canadian plane maker Bombardier Inc dumped jetliners in the U.S. market. "Canada is reviewing current military procurement that relates to Boeing," Canadian Foreign Minister Chrystia Freeland said in a statement...

  • May 18- The head of the U.S. House Armed Services Committee introduced legislation on Thursday to cut cost overruns at the Pentagon by overhauling the way it buys everything from common off-the-shelf goods to services and intellectual property. Representative Mac Thornberry, a Texas Republican, told reporters, "if you're buying office supplies, you ought to be...

  • LAS VEGAS, May 18- Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, said there are ways to earn money on mergers and acquisitions and by nudging company management to perform better. Loeb was speaking at the annual SkyBridge...

  • Melburnians dressed as superheroes participate in a Guinness World Record attempt for the most number of people dressed in superhero costume at Federation Square on May 29, 2010 in Melbourne, Australia. The event was organised to mark the 75th anniversary

    It's entrepreneurs, not nations, that are poised to solve the world's biggest problems, unlimited by boundaries.

  • PRISTINA, Kosovo— Kosovo police say they have forced two Dutch men to land their drone, which was flying illegally over the government's building. Police also were in contact with the Civil Aviation Agency and also took the case to the prosecutor's office for further consideration. Drones, also called unmanned aircraft systems, are considered aircraft models...

  • SpaceX CEO Elon Musk speaks during the 67th International Astronautical Congress in Guadalajara, Mexico.

    Elon Musk plans to send a robotic mission to Mars by 2024, way ahead of NASA's timetable. A public/private partnership may be in the offing.

  • An island outpost, one of several, being built by China in the South China Sea.

    China reportedly installed rocket launchers on a disputed South China Sea reef to ward off Vietnamese military combat divers.

  • CNBC Mad Money Lightning Round

    Jim Cramer rattles off his take on caller favorite stocks, including this defense play.

  • Cirrus unveils a jet with a parachute

    CNBC's Phil LeBeau reports on the new Cirrus Vision, a personal jet with a parachute for the plane.

  • 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.

  • 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...

  • 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.

Defense Contractors