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  • Warren Buffett: Precision deal 'very high multiple' Monday, 10 Aug 2015 | 7:16 AM ET
    Warren Buffett: Precision deal 'very high multiple'

    Warren Buffett discusses the deal between Berkshire Hathaway and Precision Castparts.

  • Warren Buffett: Why we bought Precision Castparts Monday, 10 Aug 2015 | 7:12 AM ET
    Warren Buffett, chairman of Berkshire Hathaway Inc.

    Warren Buffett speaks to "Squawk Box" about Berkshire Hathaway buying Precision Castparts for $235 per share in cash.

  • Berkshire buying Precision Castparts Monday, 10 Aug 2015 | 7:01 AM ET
    Berkshire buying Precision Castparts

    Berkshire Hathaway is buying Precision Castparts for $235 per share in cash.

  • MEXICO CITY, Aug 6- Mexico's Grupo Aeroportuario del Centro Norte said on Thursday a unit of construction firm ICA had sold a 2.9 percent stake in the airport operator. OMA's stock closed down 4.35 percent at 83.62 pesos per share. At OMA's closing price on Thursday, the shares sold by Aeroinvest would have been worth some 968.43 million pesos according to Reuters...

  • WASHINGTON, Aug 6- A U.S. House panel this week asked NASA to explain why it hasn't launched an independent review of the explosion on June 28 of a SpaceX Falcon 9 rocket, as it did after the earlier explosion of Orbital ATK Inc's Antares rocket on Oct. 28. "The discrepancy between the approaches taken by NASA in response to these two similar events raises questions...

  • Airbus orders lag Boeing in Jan-July Thursday, 6 Aug 2015 | 7:26 AM ET

    PARIS, Aug 6- Airbus won 408 gross plane orders in the first seven months of the year, the European planemaker said on Thursday, lagging U.S. rival Boeing with 426 aircraft sales. Excluding cancellations for 24 A320, 10 A321 and seven A350-900 jets, Airbus had 367 net orders in the period from Jan. 1 to July 31. Last month brought 26 new orders for Airbus, including 25...

  • Malaysia confirms wing part is from missing MH370 Thursday, 6 Aug 2015 | 5:58 AM ET
    Relatives of passengers on missing Malaysia Airlines MH370 speak outside the Malaysia Airlines office in Beijing, expressing anger and disbelief after Malaysia's prime minister said wreckage found on a French Indian Ocean island was from the plane.

    A piece of a wing that washed up on an Indian Ocean island was wreckage from the Malaysian Airlines flight MH370, Malaysia said on Thursday.

  • Will plane debris solve the mystery of MH370? Wednesday, 5 Aug 2015 | 6:33 PM ET
    Will plane debris solve the mystery of MH370?

    Richard Gillespie, executive director of The International Group for Historic Aircraft Recovery (TIGHAR), discusses news that the plane debris discovered on Reunion Island belongs to the missing Malaysia Airlines flight MH370.

  • JERUSALEM, Aug 5- El Al Israel Airlines said on Wednesday it was opening talks with Boeing to buy and lease up to 15 new Dreamliner aircraft over the next five years in a deal that could be worth $800- $900 million, its biggest-ever plane order. "El Al's board today authorised the company to hold talks with Boeing over the acquisition of wide-body Dreamliner aircraft...

  • ATHENS, Aug 5- Several Greek domestic and international flights were canceled on Wednesday as air traffic controllers went on strike at the height of the tourism season, asking for European-based reforms to be brought in to civil aviation services. At Athens airport, Greece's biggest, about 22 flights were called off and 173 rescheduled due to the four-hour...

  • Trade credit woes scuttle Boeing satellite deal Tuesday, 4 Aug 2015 | 7:57 PM ET
    A Boeing 747-8 Intercontinental airliner

    Boeing is scrambling to find financing for a satellite contract scuttled over uncertainty about the future of the U.S. Export-Import Bank, sources said.

  • NEW YORK, Aug 4- Boeing Co said on Tuesday it had updated the technical specifications, or performance characteristics, of its jetliners to reflect the way airlines use them and also the trend toward heavier passengers, seats and cargo. The world's biggest plane maker stressed that the airplanes themselves have not changed. But since it does not reveal specific...

  • WASHINGTON, Aug 3- Raytheon Co's Standard Missile-6 intercepted and destroyed a short-range ballistic missile off the coast of Hawaii last week, the Pentagon said on Monday, paving the way for the SM-6 to be deployed on U.S. Navy Aegis ships next year. "This important test campaign not only demonstrated an additional terminal defense layer of the, it also proved...

  • WASHINGTON, Aug 3- Raytheon Co's Standard Missile-6 intercepted and destroyed a short-range ballistic missile off the coast of Hawaii last week, the Pentagon said on Monday, paving the way for the SM-6 to be deployed on U.S. Navy Aegis ships next year. "This important test campaign not only demonstrated an additional terminal defense layer of the, it also proved...

  • WASHINGTON, July 31- U.S. Marine Corps Commandant General Joseph Dunford has declared an initial squadron of 10 Lockheed Martin Corp F-35B fighter jets ready for combat, the Pentagon said on Friday. The decision by Dunford, whose nomination to become the next chairman of the Joint Chiefs of Staff was approved this week, is a key milestone for the $391 billion F-35...

  • With almost 80 million people and annual output of some $400 billion, Iran could be the biggest economy to rejoin the global trading and financial system since Russia emerged from the collapse of the Soviet Union more than two decades ago. Iran has already outlined plans to rebuild its main industries and trade relationships, saying last week it was targeting...

  • Big names from Silicon Valley team up on drones Thursday, 30 Jul 2015 | 2:47 PM ET
    A drone on display at the NASA UTM drone exhibit in Mountain View, California.

    NASA hosts a gathering of companies to map out an air traffic management system for unmanned aircraft.

  • SAO PAULO, July 30- Brazilian planemaker Embraer SA said on Thursday it will delay development of a military cargo jet and forgo $300 million of revenue this year due to Brazil's weaker currency and defense spending cuts, triggering the biggest drop in its shares in nearly four years. Embraer now plans to deliver its first KC-390 cargo aircraft to the Brazilian...

  • LONDON, July 30- BAE Systems, Europe's biggest defence contractor, is still waiting on securing the new aircraft orders it needs to meet its annual earnings target, it said on Thursday. The company, which generates about a fifth of its total sales from Saudi Arabia, needs to sell more Typhoons to Saudi and other Middle East customers to keep production of the jet...

  • LONDON, July 30- British group Rolls-Royce reported a 32 percent drop in half-year profits on Thursday but the result was slightly better than expected after the engine maker slashed its forecasts three times in the last nine months. That warning turned up the heat for new Chief Executive Warren East, coming days after he took up the role on July 2.

Defense Contractors

  • Troublesome Liaisons of the Business World

    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.

  • Petraeus Scandal Widens

    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.

  • Is the Defense Sector the New 'Girls Club?'

    CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.