WASHINGTON, Sept 4- Lockheed Martin Corp beat out Raytheon Co to win a contract worth up to $428 million to continue modernizing Aegis combat systems on U.S. Navy ships, the Pentagon announced on Friday. The U.S. Department of Defense said the Navy awarded Lockheed an initial contract worth $26.5 million, which includes options that would bring the total value to...» Read More
John Makin, AEI Resident Scholar and noted "conservative" economist explains why he thinks spending cuts could make the debt crisis even worse than it is: and Lindsey Piegza, FTN Financial economist, shares her opinions.
Boeing reported earnings that beat expectations, and said its 2013 forecast "assumes no significant financial impact" from the grounding of its 787 passenger jet.
CNBC's Phil LeBeau; Howard Rubel, Jefferies; and Robert Spingarn, Credit Suisse, discuss the impact of the Dreamliner's battery problems on the company's bottom line, and take a look at 2013 guidance.
CNBC's Phil LeBeau breaks down the fourth quarter numbers on the aerospace giant; reporting EPS of $1.28 vs. $1.19 estimates, on revenues of $22.3 billion.
CNBC's Phil LeBeau reports there is more turbulence ahead for the aerospace giant as an investigation into its 787 battery problem continues. And, Michael Boyd, The Boyd Group chairman, weighs in.
Honeywell posted earnings and revenue a shade above expectations.
U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing 787 Dreamliner, a top official said on Thursday, raising the prospect of a prolonged grounding for the aircraft.
Southwest Airlines could change its policy of not charging baggage fees at some point, CEO Gary Kelly said on CNBC.
United Technologies reported earnings Wednesday that topped expectations, but profit declined amid large restructuring charges that saw the company close its largest-ever acquisition and sell several small units.
Defense shares have continued to be positive going into earnings season (Boeing aside due to 787 problems), even though most analysts believe earnings will be lower than a year ago.
CNBC's Phil LeBeau says Boeing has experienced PR trouble before in regards to the Dreamliner, and is extremely focused on getting it resolved; and Cai Von-Rumohr, Cowen & Co. and Michael Lewis, The Silverline Group.
CNBC's Phil LeBeau and Neal Dihora, Morningstar equity analyst, discuss the impact the FAA investigation into Boeing's 787 Dreamliner is having on its stock.
It is possible that the Dreamliner’s batteries were overcharged, but to lift a grounding order, Boeing must demonstrate that it can prevent similar episodes from happening.
Transportation Secretary, Ray LaHood is making it clear the Federal Aviation Administration will not rush to lift the grounding of Boeing 787 Dreamliners.
Dissecting the day's market action, with the Fast Money traders; and the FAA is investigating Boeing's Dreamliner after multiple safety issues were reported, and Yair Reiner, analyst at Oppenheimer discusses how to trade the news.
Boeing have serious problems, aviation expert Michael Boyd told CNBC on Thursday, if the 787 battery problem is a "design flaw."
Europe's Airbus posted a 43 percent drop in orders and surrendered its crown as the world's largest planemaker to Boeing last year, but predicted improvements in both orders and deliveries for 2013 as airlines seek to reduce fuel costs.
Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing's 787 Dreamliner passenger jets while battery-related problems are investigated.
Boeing was the biggest loser in the Dow today, and another Dreamliner was forced to make an emergency landing, with the Fast Money traders; and CNBC's Jon Fortt offers a preview of Intel's earnings out on Thursday.
Investigators are focusing on the lithium-ion batteries used in the new Boeing 7878 Dreamliner.
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.