CNBC's Michelle Caruso-Cabrera reports Boeing is moving higher off of its lows on news the company is doing a major restructuring of its defense business; and the FMHR traders share their final trades.
The aerospace company reported quarterly earnings that exceeded analysts' predictions and revenue that matched forecasts, prompting the company to raise its forecast for the full year.
Unless Congress acts, the defense budget is going to suffer over $50 billion in lower spending. Rep. Charlie Rangel, (D-NY), and Sen. Kelly Ayotte, (R-NH).
BAE Systems’ largest shareholder will on Monday signal its “significant reservations” about the U.K. defense group’s proposed tie-up with EADS, the FT reports.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
BAE Systems will have to agree more rigorous US security arrangements if its 38 billion euros ($49.9 billion) deal to combine with EADS is to pass muster in Washington, a former senior US official has warned, the Financial Times reports.
Q, the twinkly-eyed boffin who provides James Bond with his trademark high-tech gadgetry, faces fresh competition. The heads of British intelligence are appealing to small and medium-sized technology companies to help to provide the gizmos they need for covert operations, the Financial Times reports.
The aeronautical industry is not experiencing a production bubble in the commercial sector, but supply will need to keep up with demand, David Baxt, Global Head of Aerospace and Defense at Jefferies, told CNBC.
Air Lease Corp places a huge order with Boeing, ordering 75, 737 MAX airplanes. James McNerney, Boeing chairman & CEO, discusses his company's growth strategies as global economies slow down and business competition heats up, with CNBC's Phil LeBeau.
Rep. Buck McKeon, (R-CA), reveals how uncertainties about future defense contracts are taking its toll on the U.S. economy.
Despite the United States’ dominance of the aerospace and defense industry, the UK’s biennial Farnborough air show, along with the Paris show, remains one of the biggest events on the calendar.
Defense manufacturers suffered a further blow on Wednesday as the UK became the latest European nation to announce military cutbacks as part of austerity measures.
The world's No. 2 aircraft maker put top salesman Ray Conner in charge of its commercial plane unit only last week, and faces international customers' questions on how it plans to replace its successful but aging 777 mini-jumbo.
The new chief executive of Airbus says he is ready to “bet” that the European aircraft maker’s planned new A350 widebody passenger jet will not suffer the same three-year delay that Boeing had with its 787 Dreamliner, the Financial Times reports.
As the two longest wars in American history come to a close, and defense spending decelerates, defense contractors are quickly devising ways to alter their war-time technology for commercial and civilian use.
I know that spending potentially a trillion dollars over 50+ years to create and support a single jet program may sound a tad...excessive, but...wouldn't you want to fly one?
"Veterans have led in the field; they can lead in a factory or research facility. Veterans believe in getting the job done and doing it in the right way," writes GE Chairman and CEO Jeff Immelt.
A new law could require the Federal Aviation Administration to allow drones to be used in the national air space. Discussing the commercial possibilities, with Timothy Conver, Aerovironment chairman/CEO. Also, a trade update on BMW and Daimler, with Fast Money's Karen Finerman.
Lockheed Martin can rally despite big budget cuts at the Pentagon thanks to the election year trade, says Mad Money's Cramer. It's a binary trade, and investors need to think of it as a short-term trade, not a long-term investment.
L-3 Communications has been steadily climbing, and now the bulls are stepping in.