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Defense Defense Contractors

  • PARIS, June 23- Russian military aviation firm MiG said on Friday it was ready to deepen its cooperation with India, just days after U.S. arms maker Lockheed Martin Corp agreed with Tata Advanced Systems to build F-16 fighters there. India's air force needs hundreds of aircraft to replace its Soviet-era fleet, but Prime Minister Narendra Modi's government has...

  • Boeing, Lockheed inking new deals at Paris Air Show

    CNBC's Phil LeBeau reports from the Paris Air Show on some of the latest big commercial and defense aircraft orders.

  • PASCAGOULA, Miss.— The U.S. Navy will pay Huntington Ingalls Industries $3 billion to design and build an amphibious assault ship at Ingalls Shipbuilding in Mississippi. Construction is scheduled to begin in late 2018 on what will be the Bougainville, which will be able to launch Marine Corps landing craft at water level, plus accommodate helicopters and...

  • A Japanese defense official says Japan is seeking to increase its sales of military equipment to Southeast Asian nations amid growing tensions with China and North Korea. CHIBA, Japan— A defense official said Monday that Japan is seeking to increase its sales of military equipment to Southeast Asian nations amid growing tensions with China and North Korea.

  • All will report to BDS Chief Executive Leanne Caret. Boeing's defense arm sells a variety of military equipment including jet fighters, missiles and unmanned underwater vehicles to the United States and its allies. Autonomous systems, led by Chris Raymond, will comprise Boeing's subsidiaries Liquid Robotics, which makes the Wave Glider ocean surface robot,...

  • ROCHESTER, N.Y.— A Rochester- based company that makes military and aerospace communications systems has been awarded a $255 million contract to build radios for U.S. special operations forces. U.S. Senate Minority Leader Chuck Schumer announced Monday night that the Harris Corp. was awarded the contract by the Pentagon to produce two-channel tactical...

  • China, Russia and Iran are biggest security threats to US: Expert

    Former U.S.S. Cole Commander Kirk Lippold, Lippold Strategies president, provides insight to the reality of America's security concerns, and where the country needs to focus on defense.

  • WASHINGTON, June 5- The U.S. State Department has approved the potential sale of more than $1.4 billion worth of military training and equipment for Saudi Arabia, the Pentagon said on Monday, part of a $110 billion arms deal U.S. The proposed sales include a radar system made by Lockheed Martin Corp as well as a training program for the Royal Saudi Air Force and other...

  • How defense stocks have fared under Trump

    CNBC's Landon Dowdy takes a look at the data to see how defense companies have historically performed after a presidential election.

  • Trump's billion-dollar deals abroad

    CNBC's Morgan Brennan reports the details of the defense deals brokered during President Trump's visit Saudi Arabia.

  • DUBAI, May 21- Boeing Co has signed several defense and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft, the company said on Sunday during a visit by U.S. Congress was informed last year that a sale to Saudi Arabia would involve 48 of the helicopters. Saudi Arabia is seeking closer defense and commercial ties with the...

  • Canada suggested on Thursday it could ditch its plans to buy the jets if the United States backed Boeing's claims that Canadian plane maker Bombardier Inc dumped jetliners in the U.S. market. Military procurement in Canada is handled by both the ministers of defense and public works, neither of whom were immediately available for comment.

  • OTTAWA, May 19- Boeing Co's military sales division is worried about Canada's threat to scrap the proposed purchase of 18 Super Hornet jets and is seeking talks with government officials, a source familiar with the situation said on Friday.

  • Defense contractors await Trump's trip

    Howard Rubel, Jeffries managing director of equity research, discusses the impact of President Trump's trip to the Middle East on the defense sector and gives his top picks.

  • US poised to greenlight $100B Saudi arms deal

    CNBC's Morgan Brennan reports the details of the expected arms deal between the U.S. and Saudi Arabia as President Trump readies to travel to the Middle East.

  • OTTAWA, May 18- Canada said on Thursday it was reviewing plans to buy military equipment from Boeing Co after the firm alleged Canadian rival Bombardier Inc had dumped jets into the U.S. market.

  • Launched by MIT scientists, Ginkgo developed a technology that uses yeast to make perfumes, cosmetics, sweeteners and more.

  • Japan said the missile flew for 30 minutes and dropped in the sea between the North's east coast and Japan. Chief Cabinet Secretary Yoshihide Suga said North Korea's firing of a ballistic missile was a violation of U.N. resolutions and that Japan strongly protested the action. "North Korea's repeated missile launches are a grave threat to our country and a clear...

  • SEOUL, May 14- North Korea fired on Sunday an unidentified projectile from a region near its west coast, South Korea's military said. The launch took place at a region named Kusong located northwest of the capital, Pyongyang, where the North previously test-launched its intermediate-range missile it is believed to be developing. The launch is the first since a...

  • Inside Boeing's 'jamming' Super Hornet

    CNBC's Morgan Brennan has a look inside Boeing's F-18 production line to check out the company's fighter jet.