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Aerospace & Defense


  • Honeywell Profit Rises 18%, Hikes Forecast Friday, 18 Jul 2008 | 8:32 AM ET

    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.

  • United Tech Profit Beats Forecast, Raises Outlook Thursday, 17 Jul 2008 | 10:03 AM ET

    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 Not Good in Tanker Deal: EADS Tuesday, 15 Jul 2008 | 8:40 AM ET

    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.

  • $35 Billion USAF Tanker Contract Back Up for Grabs Wednesday, 9 Jul 2008 | 3:49 PM ET

    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.

  • EADS US Tanker Contract in Doubt Wednesday, 9 Jul 2008 | 1:37 PM ET

    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 Awarded Air Force Rocket Contract Wednesday, 2 Jul 2008 | 10:06 AM ET

    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.

  • White House to Lift North Korea Trade Sanctions Thursday, 26 Jun 2008 | 8:33 AM ET
    Roh Moo-hyun Kim Jong Il

    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 Unveils Delayed A400M Military Plane Thursday, 26 Jun 2008 | 6:40 AM ET

    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.

  • Sonic Bust? Wednesday, 25 Jun 2008 | 6:17 PM ET

    Goldman Sachs downgraded Boeing on Wednesday to “Sell.” Does that mean the aerospace trade is over?

  • EADS Near $1 Billion Saudi-Iraq Border Deal Tuesday, 24 Jun 2008 | 7:06 AM ET

    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.

  • United Airlines Parent to Lay off 950 Pilots Monday, 23 Jun 2008 | 4:40 PM ET
    United Airlines

    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.

  • Boeing Wins Air Force Tanker Challenge Wednesday, 18 Jun 2008 | 2:01 PM ET

    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 Sells Support Unit to BE Aerospace Monday, 9 Jun 2008 | 8:04 AM ET

    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 Chief Targeted in Share Probe Friday, 30 May 2008 | 11:55 AM ET

    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.

  • Police Question Former EADS Chief Wednesday, 28 May 2008 | 6:49 AM ET

    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.

  • The Best Candidate For Your Portfolio Wednesday, 21 May 2008 | 6:40 PM ET

    Which stocks will be the winners and losers under an Obama administration? And how about McCain?

  • Finmeccanica CEO Says Rival DRS Bid Possible Monday, 19 May 2008 | 3:29 AM ET

    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.

  • Stocks Mount Modest Comeback Friday, 16 May 2008 | 6:23 PM ET

    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.

  • Cramer's Advice to Baby Boomers Friday, 16 May 2008 | 11:41 AM ET

    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.

  • Euro Stocks End Higher on Tame US Inflation Wednesday, 14 May 2008 | 12:49 PM ET

    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.

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.