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Defense Aerospace & Defense

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  • Sir Richard Branson, Virgin Group's founder and chairman

    Drastic airfare cuts at United in the face of new Virgin America competition is good for consumers, but the kind of thinking that's driven big carriers into bankruptcy, Virgin Group's Richard Branson told CNBC.

  • Airbus Beats Boeing to Top Spot in Jet Orders Friday, 5 Apr 2013 | 3:30 AM ET
    Airbus

    Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.

  • North Korea Warns; US Boosts Guam Defense Wednesday, 3 Apr 2013 | 7:40 PM ET
    A United States Army missile defense system.

    Rhetoric is heating up: North Korea's army warned that it has been cleared to wage an attack on the US, while the US said it will deploy a missile defense system to Guam.

  • US Airways CEO: Sometimes I Forget to Turn Off Cell Wednesday, 27 Mar 2013 | 4:35 PM ET

    It's not up to the airlines whether passengers should be allowed to keep their devices on during takeoffs and landings, said Doug Parker, who will be CEO of the merged American Airlines.

  • US Airways-AA Merger Won't Hike Fares Says CEO Wednesday, 27 Mar 2013 | 12:04 PM ET
    Doug Parker

    Airfares at American Airlines won't rise because of its merger with US Airways, Doug Parker, who'll be the chief executive of the combined carrier, told CNBC.

  • Boeing 787 Could Face Costly New Challenge Wednesday, 27 Mar 2013 | 7:10 AM ET
    United Airlines 787 Dreamliner.

    As Boeing works to regain permission for its 787 Dreamliner to resume flights, the company faces what could be a costly new challenge: a temporary ban on some of the long-distance, trans-ocean journeys that the jet was intended to fly.

  • Dreamliner Takes To Sky in First Flight Check Monday, 25 Mar 2013 | 5:19 PM ET
    Boeing's 787 on its test flight

    A Boeing 787 Dreamliner took to the sky on Monday in the first of two flights aimed at showing that the plane's new lithium-ion battery system meets regulatory safety standards.

  • Ryanair CEO: Boeing 787 Problems 'Regulatory Crap' Tuesday, 19 Mar 2013 | 10:32 AM ET

    Despite "unfair commentary" on the 787 Dreamliner, Boeing makes great aircraft, Ryanair CEO told CNBC, following the purchase of $15.6 billion worth of new Boeing jets.

  • Boeing Signs Landmark $15.6 Billion Order With Ryanair Tuesday, 19 Mar 2013 | 8:01 AM ET

    Ryanair announced a $15.6 billion order for 175 passenger jets from Boeing on Tuesday in a deal that will allow the Irish airline to consolidate its position as Europe's dominant low-cost carrier.

  • Airbus Grabs Huge Order From Boeing Customer Monday, 18 Mar 2013 | 12:15 PM ET
    Lion Air

    Airbus has landed the largest order of the year, and one of the largest of all-time, with a book value of almost $24 billion. The European plane maker will sell 234 of its A320 planes to Lion Air out of Indonesia.

  • Drone Boom Could Mean Big Money and Big Problems Monday, 18 Mar 2013 | 11:14 AM ET

    The rapidly expanding drone market has not gone unnoticed by lawmakers and privacy watchdogs and is causing some concern.

  • US to Bolster Defenses to Curb North Korea Threat Saturday, 16 Mar 2013 | 4:15 AM ET
    Chuck Hagel testifies before the Senate Armed Services Committee during his confirmation hearing to become the secretary of defense.

    U.S. Defense Secretary Chuck Hagel announced plans on Friday to bolster U.S. missile defenses in response to "irresponsible and reckless provocations" by North Korea, which threatened a preemptive nuclear strike against the United States last week.

  • Knives on a Plane: TSA Stands by Controversial Plan Friday, 15 Mar 2013 | 8:51 AM ET
    TSA workers at JFK airport

    The head of the Transportation Security Administration told lawmakers he stands by his plan to allow passengers to carry small knives onto planes despite a growing backlash against the proposal.

  • Here's How Boeing Plans to Fix Fire Risk on 787 Thursday, 14 Mar 2013 | 10:21 PM ET
    Boeing's 787 on its test flight

    Boeing said its proposed fix for problems relating to the lithium-ion batteries on its 787 Dreamliner would eliminate the risk of fire, as the company seeks to reassure regulators and the public about the jet's safety.

  • FAA Approves Boeing Plan to Fix 787 Batteries Tuesday, 12 Mar 2013 | 4:40 PM ET
    Boeing's 787 on its test flight

    Federal regulators have approved a Boeing plan to redesign the 787 Dreamliner's batteries, though extensive testing will be needed before the planes can fly passengers again.

  • Ryanair to Announce 200-Plane Boeing Deal: Report Tuesday, 12 Mar 2013 | 5:26 AM ET

    Ryanair is to announce a deal to buy 200 aircraft from Boeing on Sunday, the Irish Independent newspaper reported on Tuesday without citing sources.

  • Airlines Soar to Rare Profits Monday, 11 Mar 2013 | 1:20 PM ET
    Airlines Soar to Rare Profits

    The airline index is up 45 percent in the past one year, and up 20 percent so far this year alone, reports CNBC's Phil LeBeau.

  • Boeing 787 Fire's Cause Still Unknown: NTSB Report Thursday, 7 Mar 2013 | 1:28 PM ET
    Boeing's 787 on its test flight

    The U.S. National Transportation Safety Board is examining the certification and testing of the lithium-ion battery system on the Boeing 787, but still has not found the root cause of a January fire, the board said.

  • FAA Likely to OK Boeing Battery Testing in Days Thursday, 7 Mar 2013 | 1:29 AM ET
    Boeing's 787 on its test flight

    U.S. safety regulators are poised to approve a plan to allow Boeing Co to begin flight tests of the 787 Dreamliner with a fix for its volatile batteries, a critical step towards returning the grounded aircraft to service, two sources familiar with the matter said.

  • A prototype quadrotor unmanned aerial vehicle (UAV) in the Unmanned Systems Laboratory at the Naval Postgraduate School is tested on Septempter 30, 2011 in Monterey, California.

    As U.S. authorities grapple with how to regulate the use of unarmed drones in U.S. skies, a small network of police, first responders and experts is already flying unmanned aircraft.

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.