WASHINGTON— Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, but the advance was fueled by higher demand for commercial aircraft. Orders for durable goods jumped 3.4 percent in June from May, when orders had fallen 2.1 percent, the Commerce Department reported Monday. However, the jump was driven by aircraft orders booked...» Read More
Honeywell International Friday reported quarterly profit jumped 18 percent, topping expectations, and raised its full-year earnings forecast, citing strong demand for aircraft electronics and environment and security control systems used in large commercial buildings.
Diversified U.S. manufacturer United Technologies said Thursday quarterly profit beat Wall Street forecasts, on solid demand for Otis elevators and fire and security equipment from the commercial construction sector, and boosted its full-year profit outlook.
Protectionism is not good for anybody and could hurt trans-Atlantic relations, the chief executives of EADS and Northrop Grumman told CNBC referring to the largest-ever tanker deal, which last week was reopened by the US department of defense.
U.S. Defense Secretary Robert Gates on Wednesday reopened a bitter $35 billion aerial tanker contest after the selection process that picked Northrop Grumman and EADS over Boeing was found to be flawed.
U.S. Defense Secretary Robert Gates said on Wednesday he planned to reopen a $35 billion competition between Boeing and a team of Northrop Grumman and Europe's EADS to build new aerial refueling tankers.
Alliant Techsystems Inc. , a military contractor and aerospace company, said Wednesday it will supply rockets to the U.S. Air Force under a contract worth as much as $250 million.
President Bush said Thursday he will lift key trade sanctions against North Korea and remove it from the U.S. terrorism blacklist, a remarkable turnaround in policy toward the communist regime he once branded as part of an "axis of evil."
Europe unveiled the A400M military aircraft on Thursday, giving the public a first glimpse of a powerful turboprop plane being built to supply seven NATO countries with urgently needed strategic airlift capacity.
Goldman Sachs downgraded Boeing on Wednesday to “Sell.” Does that mean the aerospace trade is over?
A consortium led by European aerospace group EADS is favorite to win a $1 billion contract to build a border fence shielding Saudi Arabia from Iraq, executives at the Saudi business partner said.
UAL, parent of United Airlines, said Monday it plans to lay off 950 pilots as it prepares to cut domestic capacity to offset soaring fuel prices.
U.S. auditors upheld Boeing's protest of the award of a $35 billion refueling-aircraft deal to a U.S.-European team that includes rival planebuilder Airbus, a U.S. lawmaker said Wednesday.
Honeywell says it will sell a unit that makes aerospace fasteners and provides logistical services to B/E Aerospace for $1.05 billion, including at least $800 million in cash and the rest in B/E common stock.
Former EADS co-chief executive Noel Forgeard has been placed under formal investigation on suspicion of insider trading while at Europe's largest aerospace group, his lawyer said on Friday.
Former EADS chief Noel Forgeard was detained in police custody for questioning on Wednesday as part of a probe into possible insider trading at the European aerospace giant, French police sources said.
Which stocks will be the winners and losers under an Obama administration? And how about McCain?
There could be a rival offer for U.S. defense firm DRS Technologies, more probably from a European company, the chief executive of bidder Finmeccanica told La Repubblica newspaper in an interview.
Fast Money takes Chicago just as commodities have a breakout week with oil hitting a new high and raw materials making a resurgence. Find out how to trade it all here.
Buy stocks with long-term bullish themes, Cramer says. That way you don't have to worry about the short-term volatility in the market.
European shares ended higher on Wednesday as tame U.S. inflation data eased worries that the U.S. Federal Reserve might have to raise interest rates to keep inflation at bay, while mining stocks rose on fresh merger talk.
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.