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Defense Defense Contractors

  • F-35 Bravo Lightning II stand ready on the deck of amphibious assault ship USS Wasp for day two of the first phase operational testing in the Atlantic Ocean in this handout photo taken May 19, 2015 and provided by the U.S. Navy.

    The advance acquisition contract covers long-lead time materials, parts, components and work for low-rate initial production of the fighter jets.

  • EXCLUSIVE- TAIWAN PRESIDENT SAYS THERE'S NO SENIOR OFFICIAL TO TALK TO ON U.S.

  • BANGKOK— Thailand's government has approved the purchase of its first submarine in more than half a century, the country's top defense official said Tuesday, calling the $393 million deal with China necessary and a bargain. The military government had said it also considered buying the vessels from Germany or South Korea, but last year announced plans to buy...

  • BUCHAREST, April 20- NATO member Romania plans to buy Patriot missiles from U.S. company Raytheon to help protect its airspace, a senior Defence Ministry official said on Thursday. The defense budget in Romania- a NATO member since 2004 and one of Washington's staunchest allies in eastern Europe along with Poland- was 1.7 percent of gross domestic product in 2016...

  • BUCHAREST, April 20- NATO member Romania plans to buy Patriot missiles from U.S. company Raytheon to help protect its airspace, a senior Defence Ministry official said on Thursday. The defence budget in Romania- a NATO member since 2004 and one of Washington's staunchest allies in eastern Europe along with Poland- was 1.7 percent of gross domestic product in 2016...

  • BUCHAREST, April 20- NATO member Romania plans to buy Patriot missiles from U.S. company Raytheon to help protect its airspace, a senior defence ministry official said on Thursday. The defence budget in Romania-- a NATO member since 2004 and one of Washington's staunchest allies in eastern Europe along with Poland-- was 1.7 percent of gross domestic product in 2016...

  • BUCHAREST, April 20- NATO member Romania plans to buy Patriot missiles from U.S. company Raytheon to help protect its airspace, a senior defense ministry official said on Thursday. The defense budget in Romania-- a NATO member since 2004 and one of Washington's staunchest allies in eastern Europe along with Poland-- was 1.7 percent of gross domestic product in 2016...

  • Defense contractor showdown between Lockheed and Boeing

    Major defense contractors Lockheed and Boeing are vying for a big $16 billion Air Force contract for a new trainer jet for the military branch. CNBC’s Morgan Brennan reports.

  • Competition fierce for defense contracts

    CNBC's Morgan Brennan takes a look at the big business of defense contractors.

  • With women now serving aboard submarines, defense contractor Electric Boat is designing what will be the first Navy subs built specifically to accommodate female crew members. But they are also making more subtle modifications that may not have been in everyone's periscope when the Navy admitted women into the Silent Service. The first vessel built with...

  • Stocks open mixed as markets take defensive tone

    CNBC's Bob Pisani report on what's moving in early morning trading, including a shift to the upside for defense stocks, and banks move to the downside.

  • Defense stocks react to US airstrikes

    CNBC's Morgan Brennan takes a look at what the airstrikes in Syria means for defense stocks.

  • TAIPEI, April 5- Taiwan plans to build eight submarines to bolster its current fleet of four ageing foreign-built vessels, a senior Taiwanese navy official said on Wednesday. The United States is obligated by U.S. law to help Taiwan defend itself, but its arms sales to Taiwan angers Beijing and has slowed down the pace of sales, defence experts said.

  • F-35 Bravo Lightning II stand ready on the deck of amphibious assault ship USS Wasp for day two of the first phase operational testing in the Atlantic Ocean in this handout photo taken May 19, 2015 and provided by the U.S. Navy.

    Lockheed Martin is getting offered a "block buy" for its F-35 aircraft in exchange for a Navy deal with Boeing, according to a report.

  • WARSAW, March 31- Poland expects to sign a deal worth up to $7.6 billion with U.S. firm Raytheon to buy eight Patriot missile defence systems by the end of the year, Defence Minister Antoni Macierewicz said on Friday. NATO member Poland has sped up efforts to overhaul its military following Russia's annexation of Ukraine's Crimea peninsula in 2014 and in response...

  • WARSAW, March 31- Poland expects to sign a deal worth up to $7.6 billion with U.S. firm Raytheon to buy eight Patriot missile defence systems by the end of the year, Defence Minister Antoni Macierewicz said on Friday. NATO member Poland has sped up efforts to overhaul its military following Russia's annexation of Ukraine's Crimea peninsula in 2014 and in response...

  • PARIS, March 29- Indonesia has signed a letter of intent to buy Airbus A400M military aircraft, French President Francois Hollande's office said on Wednesday. The provisional agreement was signed during a visit to Indonesia by Hollande and covers an unspecified number of aircraft, according to a list of deals issued by his office. At present Indonesia operates...

  • LANGKAWI, Malaysia, March 22- France's Rafale fighter jet is emerging as the frontrunner as Malaysia looks to replace its aging fleet of combat aircraft, a source in the Southeast Asian nation's defence ministry said on Wednesday, despite narrowing its defence spending this year. French President Francois Hollande was expected to make a pitch for the Rafale,...

  • LANGKAWI, Malaysia, March 22- France's Rafale fighter jet is emerging as the frontrunner as Malaysia looks to replace its aging fleet of combat aircraft, a source in the Southeast Asian nation's defense ministry said on Wednesday, despite narrowing its defense spending this year. French President Francois Hollande was expected to make a pitch for the Rafale,...

  • That includes expanding the Navy to 350 warships from 275 today. The Navy has given Defense Secretary Jim Mattis a report that explores how the country's industrial base could support higher ship production, Admiral Bill Moran, the vice chief of Naval Operations with oversight of the Navys shipbuilding outlook, told Reuters. To be sure, the first, and biggest,...