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Defense Aerospace & Defense

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  • Boeing to take $536M charge for tanker issue Friday, 17 Jul 2015 | 10:58 AM ET
    Boeing headquarters in Chicago.

    Boeing will recognize a 77 cent a share charge related to its KC-46 aerial refueling tanker program.

  • July 17- Honeywell International Inc, a U.S. manufacturer of aerospace parts and climate control systems, reported a better-than-expected rise in quarterly profit, helped by cost controls. Honeywell said it expects margins to expand further in the second half of 2015.. Net income attributable to Honeywell rose to $1.20 billion, or $1.51 per share, from $1.10...

  • *The Nasdaq composite closed at a record high on Thursday, boosted by strong results from tech companies such as Netflix and ebay. *General Electric shares rose 2.6 percent to $27.74 in premarket trading after the conglomerate raised its 2015 outlook for its industrial manufacturing businesses. *Honeywell was up 2.8 percent to $106.50 after the U.S....

  • Honeywell profit rises 9 pct as costs fall Friday, 17 Jul 2015 | 7:10 AM ET

    July 17- Honeywell International Inc, a U.S. manufacturer of aerospace parts and climate control systems, reported a 9 percent rise in quarterly profit, helped by lower costs. Net income attributable to Honeywell rose to $1.20 billion, or $1.51 per share, in the second quarter ended June 30, from $1.10 billion, or $1.38 per share, a year earlier. Revenue fell about 5...

  • UPDATE 2-Pluto probe survives encounter, phones home Tuesday, 14 Jul 2015 | 9:18 PM ET

    NASA's New Horizons spacecraft passed by the ice-and-rock planetoid and its entourage of five moons at 7:49 a.m. EDT. But right on time, New Horizons made radio contact with flight controllers at the Johns Hopkins University Applied Physics Lab outside Baltimore, sparking a wave of shouts and applause from an overflow crowd gathered to watch the drama...

  • Seeing Pluto for the first time Tuesday, 14 Jul 2015 | 1:00 PM ET
    Seeing Pluto for the first time

    NASA's New Horizons spacecraft flew by Pluto early morning on July 14, 2015. It was a nine-year journey, as the craft traveled over three billion miles.

  • Awaiting results from New Horizon's Pluto flyby Tuesday, 14 Jul 2015 | 9:41 AM ET
    In this NASA handout, Pluto (R) and Charon are shown July 11, 2015, three days before the New Horizons spacecraft's flyby of the dwarf planet.

    NASA's New Horizons probe, after travelling for 9 years, was scheduled to reach Pluto this morning to take pictures, NBC News reports.

  • LAUREL, Md., July 14- More than nine years after its launch, a U.S. spacecraft sailed past Pluto on Tuesday, capping a 3 billion mile journey to the solar system's farthest reaches, NASA said. "It's truly a mark in human history," said John Grunsfeld, NASA's associate administrator for science from the mission control center at Johns Hopkins University Applied Physics...

  • Iran nuke deal could set off an arms race Friday, 10 Jul 2015 | 2:40 PM ET
    Two Iranian navy warships dock in the Sudanese Red Sea city of Port Sudan.

    An Iran nuclear deal could mean a possible arms race in the Middle East——or improved relations between historic enemies, experts say.

  • *Flag carrier Garuda cancels all flights to and from Bali. DENPASAR, Indonesia, July 10- Nearly 20,000 passengers were left stranded on Friday at one of Indonesia's busiest international airports on the resort island of Bali after it was forced to close because of a volcanic eruption, an airport official said. "Bali airport will remain closed until noon on...

  • Have to defend against nuclear Iran: Defense Sec. Thursday, 9 Jul 2015 | 4:40 PM ET
    Secretary of Defense Ashton Carter

    The U.S. would have to defend against a nuclear Iran, but a good deal on its program would ensure stability, Ashton Carter said.

  • Elon Musk talks Tesla and SpaceX explosion Thursday, 9 Jul 2015 | 12:00 PM ET
    Elon Musk talks Tesla and SpaceX explosion

    Tesla and SpaceX CEO Elon Musk talks to CNBC's Julia Boorstin about last month's Falcon 9 rocket explosion, and how Tesla can continue growing.

  • Northrop Grumman Corp, maker of the B-2 bomber, is competing against team made up of Boeing Co and Lockheed Martin Corp for a contract that could be worth $50 billion to $80 billion to the winning bidder. The two teams are competing to build 80 to 100 new bombers for the Air Force at cost of no more than $550 million per aircraft, one of few new large-scale aircraft...

  • Rolls-Royce cuts 2015, 2016 profit forecasts Monday, 6 Jul 2015 | 12:57 PM ET

    British engineering company Rolls-Royce cut its profit forecasts for this year and next, citing continued weakness in oil and gas markets.

  • PARIS, July 6- European planemaker Airbus beat its U.S. rival Boeing on orders in the first half of this year, after a tight contest at last month's Paris Airshow, but remained behind on deliveries, data showed on Monday. Airbus said it had won orders for 382 aircraft in the first six months of the year and delivered 304 planes to customers. At the Paris Airshow, Airbus...

  • LONDON, July 6- British engineer Rolls-Royce cut profit expectations for the third time in nine months on Monday, increasing the challenge for its new chief executive. That turns up the heat on new CEO Warren East, who took the helm only four days ago. The aerospace business accounted for almost half of 2014 revenues and has been riding a surge in demand for...

  • Rolls-Royce cuts 2015, 2016 profit forecasts Monday, 6 Jul 2015 | 4:28 AM ET

    British engineering company Rolls-Royce cut its profit forecasts for this year and next, citing continued weakness in oil and gas markets.

  • PARIS, July 2- Airbus is to help China set up production of aircraft seats and galleys in a move to ease shortages and delays that have threatened disruption to global aircraft production. Planemakers including Airbus, Boeing and Embraer have been wrestling for more than a year with delayed deliveries of aircraft seats or galleys from suppliers including...

  • A trillion dollar problem Wednesday, 1 Jul 2015 | 1:11 PM ET
    A trillion dollar problem

    CNBC's Jane Wells reports on Lockheed Martin's new really expensive F-35 jet, of which test pilots are already complaining.

  • WASHINGTON, June 30- U.S. exporters large and small scrambled on Tuesday to urge foreign customers not to abandon deals supported by the U.S. Export-Import Bank, which will be forced to halt new business at midnight as its charter expires. Companies affected range from giants including aircraft maker Boeing Co and General Electric Co to small exporters of...

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.