Defense Aerospace & Defense

  • *East has axed 600 management jobs since taking helm. *Turnaround program felt across business- source. LONDON, Sept 28- Rolls-Royce boss Warren East has rebuilt confidence in the British engine-maker, but there are doubts among investors and industry experts about whether his slimmed-down group has the muscle to meet ambitious production and development...

  • US Assistant Secretary of State for East Asian and Pacific Affairs Daniel Russel (L) talks with South Korean Foreign Minister Yun Byung-Se (R).

    The U.S. plans to speed up deployment of the THAAD anti-missile system to South Korea, given the pace of North Korea's missile tests.

  • CAPE CANAVERAL, Fla.— On a personal quest to settle Mars, SpaceX founder Elon Musk envisions 1,000 passenger ships flying en masse to the red planet well within the next century, "Battlestar Galactica" style. Musk, who also runs electric car maker Tesla Motors, received a wildly warm reception at the International Astronautical Congress in Guadalajara, Mexico.

  • TANGIERS, Morocco— Boeing Co. has signed an agreement with Morocco's government that the North African kingdom hopes will create 8,000 jobs and an additional $1 billion a year in export revenue. With a high-quality but cheap workforce, Morocco's aerospace sector has developed rapidly over the past decade. Moroccan Industry Minister Hafid El Alamy says...

  • Musk on Mars?

    CNBC's Morgan Brennan reports the latest details surrounding Elon Musk's SpaceX announcement to colonize Mars.

  • DUBAI, United Arab Emirates— Dubai Airports is boosting the number of specialized facilities to handle Airbus A380 planes at the Middle East's busiest airport as hometown carrier Emirates grows its fleet of the double-decker aircraft. The government-backed airport operator said Monday it plans to add 10 more A380 gates with air bridges at Dubai...

  • SpaceX CEO Elon Musk at the unveiling event of the Dragon V2 in Hawthorne, California, May 29, 2014

    The space exploration company founded by billionaire Elon Musk has successfully tested a new rocket engine that could one day help humans establish life on Mars.

  • Aviation Outlook

    Airbus focuses on more hub-and-spoke aircraft models, while Boeing is more targeted with point-to-point models, says Frost & Sullivan's Subhranshu Sekh Das.

  • XPRIZE founder: People have no idea how fast the world will change

    Peter Diamandis, XPRIZE founder and executive chairman, discusses the foundation of his company, space exploration and opening up the space economy.

  • PARIS, Sept 22- Airbus Group Chief Executive Tom Enders has warned staff of a possible cut in commercial helicopter production, following a recent cut in output for the slow-selling A380 passenger jet. Airbus Helicopters is the world's largest commercial helicopter maker. Airbus Helicopters is the world's largest commercial helicopter maker.

  • WASHINGTON, Sept 22- The World Trade Organization found nearly $22 billion in illegal subsidies for European aircraft maker Airbus from the European Union, Germany, France, Britain and Spain, the U.S.

  • DUBAI, United Arab Emirates— Aviation giants Airbus and Boeing Co. have received permission from the U.S. government to sell aircraft to Iran, part of landmark deals potentially worth some $50 billion in total following last year's nuclear accord. The next administration, however, may change that equation for Airbus and Boeing, whose possible deal with Iran...

  • A B-2 Stealth Bomber pulls up on the runway after landing at the Palmdale Aircraft Integration Center of Excellence in Palmdale, California.

    The breakthrough relies on a ghostly phenomenon that Albert Einstein dubbed "spooky action at a distance", the SCMP reports.

  • French Defence Minister Jean-Yves Le Drian (2nd L) and his Indian counterpart Manohar Parrikar (R) shake hands as they exchange intergovernmental agreements for the purchase of 36 Rafale jet fighters on January 25, 2016 in New Delhi, India.

    India, the world's biggest arms importer, had intended to buy 126 Rafale planes before several years worth of talks with Dassault broke down.

  • WASHINGTON, Sept 21- The United States has issued licenses to Boeing and Airbus to sell commercial aircraft to Iran, in accordance with last year's nuclear deal, a U.S. "Under the Joint Comprehensive Plan of Action, the United States committed to license the export of certain commercial passenger aircraft to Iran," a Treasury spokeswoman said in the statement.

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernise the air force, a government source told Reuters. The acquisition is part of a $150- billion...

  • *France's Jean-Yves Le Drian to visit India to sign deal. NEW DELHI, Sept 21- India's cabinet cleared the purchase of 36 Rafale fighter jets from Dassault Aviation on Wednesday, paving the way for signing a deal that Prime Minister Narendra Modi is betting on to modernize the air force, a government source told Reuters. The acquisition is part of a $150- billion...

  • A Long March 2F rocket carrying the country's first space laboratory module Tiangong-1 lifts off from the Jiuquan Satellite Launch Center on September 29, 2011 in Jiuquan, Gansu province of China. The unmanned Tiangong-1 will stay in orbit for two years and dock with China's Shenzhou-8, -9 and -10 spacecraft with the eventual goal of establishing a manned Chinese space station around 2020.

    Chinese officials have confirmed that the country's first space lab is expected to fall into the Earth's atmosphere in the latter half of 2017.

  • Dannel P. Malloy and Maryland- based Lockheed Martin. The deal calls for Sikorsky to build nearly 200 CH-53K King Stallion helicopters in Connecticut for the U.S. Navy until at least 2032. Lockheed Martin purchased the Stratford- based helicopter maker from United Technologies in November.

  • Soldiers shout slogans under a stand with North Korean leader Kim Jong Un and other officials during the parade celebrating the 70th anniversary of the founding of the ruling Workers' Party of Korea, in Pyongyang, October 10, 2015.

    Technological advances by the communist state have former diplomats concerned that the latest blast is anything but more of the same.

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