The change in the Pentagon's plan for the $391 billion weapons program defers orders for 45 Air Force jets, compared with last year's plan, while accelerating orders for the Navy and Marine Corps models of the aircraft, the sources said. It calls for the Navy and Marine Corps to buy 64 F-35C jets, which can take off and land on aircraft carriers, over the next five...» Read More
$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?
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.
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.
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.
Despite sequestration concerns, the defense industry has developed strategies which are attracting some investors. Carter Copeland, Barclays analyst, has the plays.
An outage at airline booking system Sabre caused difficulties for airlines including American Airlines, JetBlue and Alaska Airlines on Tuesday morning.
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 named a new chief engineer for its troubled 787 Dreamliner as part of a management shake-up in its commercial airplane division.
Northrop Grumman reported quarterly earnings and revenue that surpassed analysts' expectations on Wednesday.
Billionaire Jeff Bezos joined the space race when he backed Blue Origin, a previously low-profile company that is now waiting to hear if it can take over a former NASA launch pad.
United Technologies, the largest maker of elevators and air conditioners, reported higher net income, helped mostly by its buyout of aircraft parts manufacturer Goodrich.
General Electric's improving margins and strength from its sector signals that the conglomerate will be moving much higher from here, said Cramer Friday.
The X-47B will take off from Naval Air Station Patuxent River in Maryland and, if all goes according to plan, will be captured on an aircraft carrier off the coast of Virginia.
CNBC's Jane Wells reports the X-47B has successfully landed aboard the aircraft carrier USS George HW Bush.
Some are calling the X-47B a "game changer." CNBC's Jane Wells reports the X-47B is being launched today to land aboard the aircraft carrier USS George HW Bush.
Travelers likely will be experiencing a few more days of delays as airlines cope with inclement weather and the ripple effect of the Asiana Airlines crash. NBC News reports.
The crash of a South Korean airliner in San Francisco on Saturday with more than 300 people on board dampens the safety record of one of the world's safest aircraft and an airline with a clean sheet of 20 years.
Boeing is a best-in-class stock with great management and competitive position, CNBC's Jim Cramer said.
Large European airlines can't "walk straight and chew gum at the same time"—creating an opening for Ryanair to grab more short-haul share, CEO Michael O'Leary told CNBC.
There is a level of optimism at the Paris Air Show that hasn't been there in years, reports CNBC's Phil LeBeau.
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.