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  • WASHINGTON, July 14- The U.S. missile defense system to counter attacks from rogue states like North Korea has no proven capability to protect the United States and is not on a credible path to achieve that goal, a science advocacy group said on Thursday. The ground-based midcourse missile defense system, which has deployed 30 interceptors in Alaska and...

  • "This week's successful tests show the boom axial loads hardware fix, designed by Boeing engineers, is performing as expected to alleviate the loads," the Air Force said in a statement on its website. The Air Force said the KC-46A tanker refueled the F-16 on July 8. Once that test is completed, the Air Force said it would ask the Pentagon to approve contract awards for...

  • FARNBOROUGH, England, July 12- Lockheed Martin Corp on Tuesday said it expected Europe's MBDA to submit a proposal for a new $4.5 billion missile defense system to the German defense ministry fairly soon, paving the way for negotiations with the government. Rick Edwards, who heads Lockheed's missiles and fire control business, told Reuters that he expected...

  • LONDON, July 10- International demand for U.S. weapons systems is expected to continue growing in coming years, a senior U.S. Air Force official said on Sunday, citing strong interest in unmanned systems, munitions and fighter jets. U.S. arms sales approved by the Pentagon's Defense Security Cooperation Agency rose 36 percent to $46.6 billion in the fiscal year...

  • U.S. Army soldiers in Afghanistan

    A US federal agency claims the U.S. military could save up to $5.7 billion annually by replacing soldiers with civilians.

  • Defensive defense investing?

    CNBC's Jane Wells looks at how the Brexit referendum outcome has affected the defense sector.

  • Major defense and aerospace companies are warning Britain must work quickly to arrange clear trading relationships or risk losing business.

  • Global defense trade market blows up to $65B

    The US remains as the world's largest exporter, supplying $22.9-billion worth of military equipment.

  • WASHINGTON, May 31- Boeing Co was awarded a $3.2 billion contract modification to a previously awarded contract for Joint Direct Attack Munition tailkits, the Pentagon said on Tuesday.

  • NEW DELHI/ MUMBAI, May 30- Anil Ambani's Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn't stopping the Indian tycoon from seeking to win contracts to manufacture all of that military hardware and more. Modi has made defense a big part of his "Make in India" programme. As part of any defence contract, he is...

  • OTTAWA, May 26- Canada, which has repeatedly put off a decision on replacing its aging CF-18 fighter jets, could be in a position to order a fleet of new planes by 2020, the defense department said on Thursday. In a guide to defense firms posted online, the Department of National Defence said it hoped to award the contract between 2018 and 2020 and said the final jets...

  • *16 NATO allies spent more on defence in real terms in 2015. LINKOPING, Sweden/ BRUSSELS, May 18- Pressure from the United States on NATO allies to increase their defence spending could strain the capacity of the arms industry to keep up with demand, the head of Swedish fighter jet and submarine builder Saab said. Military spending stagnated for so long after the Cold...

  • Trader: Buy aerospace & defense sector

    FMHR trader Josh Brown says all the sequestration worries are over, and defense spending is going higher.

  • WASHINGTON, May 10- The U.S. Navy has sent Lockheed Martin Corp three requests to correct problems, including propulsion-related issues, with the Littoral Combat Ship program dating back to May of last year, a Navy spokesman said on Tuesday. Navy officials, however, say the costs have fallen sharply and the ships are performing well. Navy spokesman Dale Eng said in a...

  • WASHINGTON, May 6- Harris Corp was awarded a $405.5 million contract for the sale of military radio systems to Morocco, the Pentagon said in a statement on Friday.

  • WASHINGTON, May 6- The U.S. administration is seeking to approve a sale of as many as 12 A-29 Super Tucano light attack aircraft to Nigeria to aid its battle against the extremist group Boko Haram, U.S. officials say, in a vote of confidence in President Muhammadu Buhari's drive to reform the country's corruption-tainted military. The possible sale-- which the...

  • *Other choppers, planes, patrol boats on Singapore shopping list. SINGAPORE, May 4- Singapore will soon pick the winner of a $1 billion tender for military utility helicopters, the first of several lucrative deals the island nation is pursuing as it modernises its air force and navy amid rising tensions in the region. Modern military technology also helps...

  • CAPE CANAVERAL, Fla., April 28- The U.S. Air Force will save 40 percent by buying a GPS satellite launch from Elon Musk's SpaceX compared with what United Launch Alliance has been charging, the head of the Space and Missile Systems Center said on Thursday. The Air Force on Wednesday awarded SpaceX an $83 million contract to launch the satellite, breaking the monopoly...

  • 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...

  • 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 had on military space launches for more than a decade. The Global Positioning System satellite will be launched in May 2018, Air Force officials...