Airbus and Boeing need to step up on aircraft technology as recent tragedies will likely increase demand for sophisticated jets, says Neal Dihora, Equity Analyst at Morningstar.
Russia's Lin Industrial unveiled plans to build a lunar base for mining the moon's resources. The project would cost about $9.4 billion.
A Virgin Atlantic passenger plane safely carried out a "non-standard" landing at London's Gatwick airport after a landing gear problem.
CNBC's Jane Wells lays out her predictions for the defense industry in 2015.
Japan Prime Minister Abe is set to launch a new government with a defense minister whose support for a stronger pre-emptive strike capability may rile China.
Fabrice Brégier, President and CEO of Airbus, has told CNBC his company would take the bragging rights on aircraft deliveries.
If the Cuba embargo is lifted, former American Airlines CEO Bob Crandall sees frequent flights to the island by several carriers.
Boeing raised its share repurchase plan to $12 billion and said it would increase its quarterly dividend by 25 percent.
Sen. Charles Schumer is calling for federal investigations of high airfares, questioning why they're not dropping along with fuel costs.
CNBC's Jim Cramer speaks to Klaus Kleinfeld, Alcoa chairman & CEO, about the company's purchase of Germany based TITAL and further expansion into aerospace.
The London airspace is recovering from a computer failure that caused a brief closure of the airspace, Eurocontrol said on Friday.
CNBC's Jane Wells reports on the latest problems surrounding Lockheed's F-35 fighter jet.
Lockheed Martin, the Pentagon's No. 1 weapons supplier, has rarely felt the need to blow its horn about its secrecy-shrouded crown jewel - until now.
In the long bumpy road toward the F-35 fighter's deployment, nothing may be stranger than the story about hot fuel.
John Strickland, director of JLS Consulting, says that because of airline hedging policies, the cheaper oil price will not filter through to passengers.
The abrupt retirement of United Technologies' CEO was in part due to growing concerns over his private interests, The Wall Street Journal reported.
NASA launched its Orion space capsule on Friday in an unmanned flight that orbited the Earth twice. The spacecraft could bring humans back to the moon, and potentially Mars.
A U.S. spaceship designed to one day fly astronauts toMars blasted off on Friday for an unmanned trial run around Earth.
President Obama will announce his choice of former Pentagon official Ash Carter to be his next secretary of defense on Friday, the White House said.
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.
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.
CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.