Washington, Oct 1- Senator John McCain on Thursday said huge cost overruns on a new class of aircraft carriers built by Huntington Ingalls Industries Inc made it "one of the most spectacular acquisition debacles" in recent years, and the Navy needed different options for the future. Senator Jack Reed, the top Democrat on the committee, echoed McCain's concerns, and...» Read More
Check out Cramer's interview with chairman and CEO Dave Cote.
I know that spending potentially a trillion dollars over 50+ years to create and support a single jet program may sound a tad...excessive, but...wouldn't you want to fly one?
CNBC's Maria Bartiromo announces Alcoa's Q1 revenue earnings at $6.0 billion and speaks to Klaus Kleinfeld, Alcoa chairman/CEO.
The RBC plant has nearly 200 workers building and supplying ball bearings to plane makers around the world. Bearings are critical parts in airplanes and their engines. From the flaps on a wing going up or down, to the landing gear moving into place there are scores of bearings in every plane.
"Veterans have led in the field; they can lead in a factory or research facility. Veterans believe in getting the job done and doing it in the right way," writes GE Chairman and CEO Jeff Immelt.
Drone aircraft could see a lift from a new FAA ruling allowing routine flights, and Aerovironment was one way to play it.
A new law could require the Federal Aviation Administration to allow drones to be used in the national air space. Discussing the commercial possibilities, with Timothy Conver, Aerovironment chairman/CEO. Also, a trade update on BMW and Daimler, with Fast Money's Karen Finerman.
How could this defense company's stock rally despite big budget cuts at the Pentagon? Cramer has some answers.
Lockheed Martin can rally despite big budget cuts at the Pentagon thanks to the election year trade, says Mad Money's Cramer. It's a binary trade, and investors need to think of it as a short-term trade, not a long-term investment.
It's not too late to be an astronaut — two universities are offering six lucky applicants the chance to be astronauts in ... Hawaii! Just one little catch: How are your cooking skills?
L-3 Communications has been steadily climbing, and now the bulls are stepping in.
Michael Jackson’s jacket, a Madonna dress, even plates bearing the Queen of England’s face - in a world of cold hard investment, the collection of special items that hold a particular value because of their significance in our collective memory makes a welcome change, and perhaps represents the ultimate alternative investment.
Unmanned drones are typically associated with war and spying. But a new law will permit the use of drones in the US for everything from selling real estate to dusting crops and monitoring oil spills.
Pierre Beaudoin, Bombardier CEO, discusses the company's $55 billion backlog and his take on the transporation business.
U.S. investors are looking to Europe for places to park their spare cash, but opportunities may depend on the European debt crisis continuing, according to market participants on both sides of the Atlantic.
It’s no secret that the global economy is in trouble, so if you’re bored of the world of stocks and bonds and feel the tedium of a slowing market, the time may have come to explore whole new world of investment: space travel.
China’s defense budget is expected to almost double by 2015 as Beijing accelerates its spending on fighter jets and other military equipment, according to defense forecasts. The FT reports.
It’s impossible to say what a fully recovered U.S. economy will look like, or how long it will take to get there. However, some sectors have begun to hire again.
Although recent action may be similar, Cramer isn't so sure the market will repeat the same trajectory as last year.
The week's top business news and investing advice, including top picks for 2012 and defense, with CNBC's Mandy Drury.
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.