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  • Iran airport

    Iran is trying to re-engage with the global economy after years under crushing sanctions, and its airports will be important links to the outside world. Here’s what the airport in central Tehran looks like on the inside.

  • The Federal Aviation Administration earlier this month authorized the Northeast Region Unmanned Aircraft System unit in Grand Forks to fly anywhere in the country. Alan Frazier, the chief pilot and architect of the unmanned aircraft program for the Grand Forks unit, said the agency's pilots and sensor operators are able and willing to hop on a plane with its...

  • ATLANTA, April 29- Delta Air Lines Inc said on Friday it has ordered 37 current-generation A321 aircraft from Airbus Group SE worth $4.25 billion at list prices, a move that will help it replace aging aircraft. The move will help Atlanta- based Delta, the second-largest U.S. airline by traffic, maintain its growth plans while retiring 116 old MD-88 aircraft, which...

  • Airbus CEO: 2016 a challenging year

    Air traffic might be rising, but airlines' problems are starting to weigh on Airbus and Boeing's earnings, says Ken Herbert from Canaccord Genuity.

  • AMSTERDAM, April 28- Airbus Group prepared investors for a charge on its troubled A400M military aircraft programme and reported a heavy cash impact from delays in civil jet deliveries, sending its shares lower despite a pledge to meet full-year targets. Europe's largest aerospace company gained a 3.5 billion euro bailout for the A400M cargo and troop...

  • The Waltham, Massachusetts- based company said the increase was largely due to higher sales of the Paveway family of laser- and GPS-guided smart bombs, and air-to-air missiles. Raytheon said quarterly net sales rose about 9 percent to $5.76 billion. Thirty percent of Raytheon's revenue during the quarter was generated from international customers, with half...

  • The Waltham, Massachusetts- based company said the increase was largely due to higher sales of the Paveway family of laser- and GPS-guided smart bombs, and advanced medium-range air-to-air missiles to the U.S. military and international customers. Net income from continuing operations attributable to Raytheon fell to $428 million, or $1.43 per share, from...

  • PARIS— Airbus Group said Thursday it's facing a "challenging year" after troubles surfaced with a gearbox on the A400M military transporter and export credit agencies suspended financing for the plane-maker. The parent of European plane-maker Airbus reported 399 million euros in profits for the quarter, down 50 percent from 792 million euros in the same...

  • Airbus plane in hanger

    Aerospace group warns of serious challenges for its A400M military plane and reporting a heavy drain on cash due to delayed jet deliveries.

  • CAPE CANAVERAL, Fla., April 27- The U.S. Air Force on Wednesday awarded billionaire Elon Musk's SpaceX an $83 million contract to launch a GPS satellite, breaking the monopoly that Lockheed Martin Corp and Boeing Co have held on military space launches for more than a decade. The Global Positioning System satellite will be launched in May 2018 from Florida, Air...

  • Dennis Muilenburg, Chief Executive Officer of The Boeing Company

    Boeing reported quarterly earnings that missed analysts' expectations but posted better-than-expected revenues.

  • April 27- Boeing Co took a surprise $156 million charge for its KC-46 aerial refueling tanker on Wednesday, pushing first-quarter profit down 9 percent amid concern about meeting deadlines for the U.S. Air Force program. The world's largest plane maker also took a $70 million pretax charge for its 747 program, or about 7 cents a share after tax, reflecting a weak...

  • *Spaniards angered by need for repeat elections. MADRID, April 27- Spaniards expressed dismay on Wednesday at the failure of their politicians to form a coalition government after four months of haggling, forcing new elections that opinion polls suggest may not break the deadlock. With no stable government in sight, a state-controlled Spanish airport...

  • Illustration of MAVEN, NASA’s newest Mars orbiter, as it studies the Martian atmosphere.

    NASA is looking for ideas from the U.S. space industry for an advanced Mars orbiter that the agency hopes to launch in the 2020s.

  • April 27- General Dynamics Corp, which makes Gulfstream jets, tanks and U.S. Navy ships, reported higher-than-expected revenue and net income after a strong first quarter for its marine systems division. Net earnings rose to $717 million, or $2.30 per share, from $716 million, or $2.14 per share, a year earlier. The aerospace division had a 5.7 percent decrease in...

  • April 27- Boeing Co on Wednesday reported a 9 percent drop in first-quarter profit, citing an after-tax charge from the KC-46 aerial refueling tanker it is developing for the U.S. Air Force. The world's largest plane maker said it had earned $1.22 billion, or $1.83 per share, compared with $1.34 billion, or $1.87 per share, a year earlier. The company recorded a tanker...

  • A U.S. Air Force munitions team member uncases the laser-guided tip for a 500 pound bomb to be loaded onto an unmanned aerial vehicle, for airstrikes on ISIL targets on January 8, 2016 at a base in the Persian Gulf Region.

    As President Obama announces a military expansion in Syria, an analyst says the U.S. is running through its supply of bombs.

  • Lockheed Martin and 33rd Fighter Wing maintainers work with 96th Fuels Flight Airmen during a dual hot pit session at Eglin Air Force Base, Fla.

    Lockheed Martin reported a 15.7 percent rise in sales, helped by the acquisition of Sikorsky Aircraft and higher sales of its F-35 fighter jets.

  • The F-35 Joint Strike Fighter is the Pentagon's largest weapons program and it is expected to spend $391 billion to buy 2,443 of the supersonic, stealthy new warplanes. The Pentagon's No. 1 weapons supplier now expects 2016 profit of $11.50 to $11.80 per share, up from its previous forecast of $11.45 to $11.75 per share. However, net income fell to $794 million, or...

  • BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported first-quarter profit of $794 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.51 per share. Four analysts surveyed by Zacks expected $11.09 billion.

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.