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Defense Aerospace & Defense


  • Pentagon's $5.5 billion shutdown spending spree Thursday, 3 Oct 2013 | 3:52 PM ET
    Just before the government shutdown, the Pentagon spent $139 million on sonar for some of its destroyers, part of $5.5 billion in last-minute spending.

    Just hours before Congress shut down the federal government, the Pentagon quietly went on a shopping spree and spent billions.

  • NATO's Turkey looks to China for missile purchase Thursday, 3 Oct 2013 | 1:23 PM ET

    Doing a deal with the Chinese rather than with Europe or the U.S. has multiple advantages for Turkey, experts said.

  • Why FM traders like Boeing & Lockheed Monday, 30 Sep 2013 | 5:41 PM ET
    Why FM traders like Boeing & Lockheed

    Despite sequestration, defense contractor stocks remain near all-time highs, reports CNBC's Jane Wells. FM trader Steve Grasso says Lockheed is his favorite, and Pete Najarian likes Boeing.

  • Shutdown impact on defense Monday, 30 Sep 2013 | 1:08 PM ET
    Shutting down the defense

    Contractors were already cutting jobs, reports CNBC's Jane Wells.

  • Airbus: China will trump US with flight demand Tuesday, 24 Sep 2013 | 7:40 AM ET
    An Airbus A320 - similar to the aircraft used by Air Algerie.

    The amount of passengers taking domestic flights in China in twenty years time will dwarf that of the U.S., leading aircraft manufacturer Airbus said on Tuesday.

  • Lufthansa signs record deal with Boeing, Airbus Thursday, 19 Sep 2013 | 11:58 AM ET

    German airline Deutsche Lufthansa announced its largest-ever aircraft order on Thursday, worth 14 billion euros ($19.0 billion).

  • Lufthansa expected to make a big order for jets Saturday, 14 Sep 2013 | 10:55 AM ET

    Lufthansa is close to placing an order, split between Airbus and Boeing, for dozens of long-haul jets, two people familiar with the matter said.

  • Flying for (almost) free: United's big fare goof Friday, 13 Sep 2013 | 9:25 AM ET
    United Airlines boarding lanes at San Francisco International Airport.

    For a little while on Thursday, United Airlines was giving away airplane tickets for free, or close to it.

  • Is the trend your friend? Thursday, 12 Sep 2013 | 10:35 AM ET
    Is the trend your friend?

    CNBC's Dominic Chu has the rundown on where all the action is as a slew of notable records are being made in several stocks and sectors.

  • Tomahawks may fly, but Raytheon shares not soaring Monday, 9 Sep 2013 | 2:09 PM ET
    A Tomahawk missile

    One of the few things defense experts agree on about Syria is that any military strike will involve Tomahawk cruise missiles made by Raytheon.

  • SpaceShipTwo makes 2nd supersonic test flight Friday, 6 Sep 2013 | 11:13 AM ET
    Flight of Virgin Galactic's SpaceShipTwo over the Mojave Desert, Sept. 5, 2013 captured by MARS.

    Virgin Galactic says it successfully conducted a second rocket-powered, supersonic test flight of the passenger spaceship it is developing.

  • Missiles, destroyers and subs: The US arsenal Thursday, 29 Aug 2013 | 12:50 PM ET

    $1.6 million per missile. That's the cost of the Tomahawks the U.S. Navy may fire into Syria. But will that be a boon for Raytheon, which makes them?

  • Egyptian bloodshed leaves Lockheed F-16s in limbo Monday, 19 Aug 2013 | 10:46 AM ET
    File photo of an F-16 Fighting Falcon.

    Bloodshed on the streets of Egypt is delaying completion of a lucrative deal to sell Lockheed Martin F-16s to the troubled U.S. ally.

  • Area 51: No UFOs, but lots of U-2 spy planes Friday, 16 Aug 2013 | 1:45 PM ET
    Guard Gate at Area 51 near Rachel, Nevada

    A newly declassified CIA history spills the story about Nevada's Area 51 and its secret mission— which was not to study UFOs, but to test the U-2 and other spy planes.

  • UPS cargo plane crash Wednesday, 14 Aug 2013 | 1:09 PM ET
    UPS cargo plane crash

    CNBC's Phil LeBeau reports the latest on the UPS cargo plane crash that happened early Wednesday morning in Alabama. The crash involved an Airbus A300-600 aircraft.

  • Defense stocks on a roll Monday, 12 Aug 2013 | 8:22 AM ET
    Defense stocks on a roll

    Despite sequestration concerns, the defense industry has developed strategies which are attracting some investors. Carter Copeland, Barclays analyst, has the plays.

  • Headache for airlines as booking system crashes Tuesday, 6 Aug 2013 | 5:36 AM ET
    American Airlines Flagship check-in at JFK International Airport.

    An outage at airline booking system Sabre caused difficulties for airlines including American Airlines, JetBlue and Alaska Airlines on Tuesday morning.

  • Sequester impact showing Friday, 2 Aug 2013 | 1:07 PM ET
    Sequester impact showing

    CNBC's Hampton Pearson reports on signs showing the sequester is having an impact on private sector defense jobs. Sources saw a slowdown in defense job growth beginning in the Spring.

  • Boeing names a new chief engineer for 787 Friday, 26 Jul 2013 | 9:38 PM ET
    A Boeing 787 Dreamliner being built in Everett, Wash.

    Boeing named a new chief engineer for its troubled 787 Dreamliner as part of a management shake-up in its commercial airplane division.

  • Northrop Grumman earnings top expectations Wednesday, 24 Jul 2013 | 7:19 AM ET
    A United States Air Force Global Hawk drone, manufactured by Northrop Grumman Corp.

    Northrop Grumman reported quarterly earnings and revenue that surpassed analysts' expectations on Wednesday.

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.