Defense Aerospace & Defense

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  • Analysts said the statement was a response to Pentagon concerns about consolidation among its contractors. Jeffrey Bialos, a partner with Sutherland Asbill& Brennan LLP, said the statement was aimed at the Pentagon and defense industry. Defense Undersecretary Frank Kendall, who oversees weapons acquisitions, and Defense Secretary Ash Carter have raised...

  • Rocket prices return to Earth

    CNBC's Jane Wells reports from the Space Symposium in Colorado Springs about who's going to build rocket engines for the U.S. government.

  • COLORADO SPRINGS, Colo., April 11- United Launch Alliance will team with billionaire entrepreneur Robert Bigelow to market and fly habitats for humans in space, a project that hinges on space taxis being developed by SpaceX, Boeing Co and other firms, ULA and Bigelow said on Monday. Space Symposium in Colorado Spring, Colorado, includes a 2020 launch of a 12,000-...

  • CHICAGO, April 11- Metals company Alcoa Inc on Monday reported a lower quarterly profit, with results hurt by low commodity prices, the strong U.S. dollar and plant closures or divestments, but the company's top executive said he expected aluminum demand to grow faster than supply this year. Alcoa also lowered its 2016 outlook for global sales in the aerospace...

  • WASHINGTON, April 11- Pratt& Whitney, a unit of United Technologies Corp, has won an additional $1.04 billion contract for F-35 fighter jet engines, bringing the total value of its work on a ninth batch of the engines to $1.4 billion, the Pentagon said on Monday. The contract announced on Monday finalizes part of an agreement in principle that Pratt reached with the...

  • CHICAGO, April 11- Metals company Alcoa Inc on Monday reported a lower quarterly profit, with results hurt by low commodity prices, the strong U.S. dollar and plant closures or divestments, and it also lowered its 2016 outlook for global sales in the aerospace industry. The New York- based company posted a first-quarter net profit of $16 million or 0 cents per share,...

  • Space X's Falcon 9 rocket lifts off with an unmanned Dragon cargo craft from the launch platform in Cape Canaveral, Florida on April 8, 2016.

    SpaceX's efforts are one of several under way aimed at reusing space launch vehicles to bring costs down sharply, the Financial Times reports.

  • The Bigelow Expandable Activity Module (BEAM) is displayed in Las Vegas in this Jan. 16, 2013, picture provided by NASA.

    SpaceX's latest launch will have a small, expandable space "apartment" created by developer Robert Bigelow for $290 million ... and counting.

  • NEW YORK, April 7- Boeing Co said on Thursday that it had booked four orders for its 747-8 freighter, the first sales of the year for the plane. The U.S. Air Force also has made a provisional order for an unspecified number to renew its fleet of Air Force One planes. Randy Tinseth, Boeing's marketing vice president, recently said the company expects global trade to pick...

  • April 7- Boeing Co said it delivered 176 commercial airplanes in the first quarter ended March 31, compared with 184 a year earlier. For 2016, Boeing's centenary year, the airplane maker expects to deliver 740 to 745 planes, down from a record 762 in 2015.. Shares of the company were slightly down at $126.84.

  • Gulfstream G550 and G650 jets

    Unsteady headwinds in the business-jet market rattles of some investors.

  • NEW YORK/ HAMBURG, April 5- Shares of B/E Aerospace Inc and Zodiac Aerospace SA fell on Tuesday after Boeing Co said it would buy seats directly from a new supplier for its top-selling 737, a step that could cut into the sales of the two biggest makers of airplane seats. The industry spends about $4.6 billion a year on seats, about two-thirds with B/E Aerospace and...

  • NEW YORK, April 5- Shares of B/E Aerospace Inc and Zodiac Aerospace SA fell sharply on Tuesday after Boeing Co said it would buy seats directly from a new supplier for its top-selling 737, a step that could cut into the sales of the two biggest makers of airplane seats. Shares of Zodiac fell 3.9 percent on Tuesday and were trading at 17.145 euros, down 2.2 percent in...

  • WASHINGTON, April 5- A U.S. appeals court on Tuesday upheld the ability of federal prosecutors to broker deals allowing corporate defendants to avoid criminal convictions in a case involving a Dutch company accused of illegally shipping aircraft parts to Iran and other countries. The unanimous ruling by a three-judge panel of the U.S. Court of Appeals for the...

  • NEW YORK, April 4- Boeing Co said on Monday it had picked a new aircraft seat supplier for its most popular jet, the 737, a move that industry experts said adds competition to leading seat makers Zodiac Aerospace and B/E Aerospace. In response to questions from Reuters, Boeing said it will buy seats directly from the new supplier, LIFT by EnCore of Huntington Beach,...

  • An image of the Eagle Ford shale mining site captured at night by NASA’s Visible Infrared Imaging Radiometer Suite (VIIRS) on the Suomi NPP satellite. Taken on July 15, 2012.

    A look at NASA satellite images comparing 2000 to 2015 reveals a radical difference in the landscape of Texas between then and now.

  • March 30- Boeing Co plans to cut up to 8,000 jobs this year at its commercial airplane division, according to two people familiar with the matter, a move that could slash $1 billion in costs and help it battle for sales against European rival Airbus. "There is no employment reduction target," spokesman Doug Alder said. The job reductions are part of a broad...

  • Lockheed Martin's new LMH1 airship to hit the market in late 2018.

    Lockheed Martin has landed its first contract for the hybrid airship it created at its top secret Skunk Works with U.K.-based Straightline Aviation.

  • WASHINGTON, March 28- General Dynamics Corp will be the prime contractor for development of 12 new submarines to carry nuclear ballistic missiles and Huntington Ingalls Industries Inc will be the major supplier under a plan released by the U.S. Navy on Monday. The Navy said its new "Submarine Unified Build Strategy" is aimed at ensuring that concurrent work...

  • A photo taken on March 3, 2016 shows a piece of suspected aircraft wreckage found off the east African coast of Mozambique at Mozambique's Civil Aviation Institute (IACM) in Maputo.

    Australia said plane debris recovered earlier this month from Mozambique was highly likely to have come from missing Malaysia Airlines Flight MH370.

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.