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Defense Defense Contractors

  • L-3 Communications has been steadily climbing, and now the bulls are stepping in.

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    Romney squeaks to victory, the GOP takes Congress, Obama raises taxes and the Fed keeps rates on hold.

  • Life may begin at 40, but job searches that begin at that age can be discouraging. After all, it’s not the job market that it used to be. Entire professions are disappearing, and the labor market is flooded with unmarried, childless, eager young applicants whose salary requirements are generally lower.Despite this grim scenario, older workers shouldn’t despair. They bring such hard-won assets as experience and discipline to the table, and the people doing the hiring know it. “Savvy employers are

    CNBC.com spoke with experts in tech, human resources, and finance to determine which professions are best for workers over 40.

  • Defense Cuts & the Mill

    CNBC's Jane Wells has the story on expected budget cuts coming from the super committee and its impact on the defense sector. Also, the Fast Money traders weigh in on rumors they've heard on the Street today and separate fact from fiction.

  • RTI Corporate Headquarters, Pittsburgh, PA

    There are still some things made in America. Inside a massive building in Niles, Ohio, furnaces burning at temperatures of up to 4,000 degrees are melting titanium, a lightweight but strong metal which goes into airplanes, tanks, and artillery.

  • Defense Cuts Coming?

    With a week to go before the Super Committee's deadlines, defense is expected to take a big hit, reports CNBC's Jane Wells.

  • King Air 350i

    For four years, a doctor commuted between his clinics in Texas in a $5 million turboprop with jazzy metallic stripes and ruby stones embedded on the drink cabinet inside. The plane featured exotic wood veneers and polished chrome, and his daughter’s initials were in the tail number. The New York Times reports.

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    "I'm skeptical of anyone who can answer the question 'Are we safer?' with a simple yes or no," says Ward Thomas, a national security expert. "We are better in some ways, but not necessarily in others."

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    How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.

  • WOTS Now: Growth on the Rocks?

    The Fast Money traders weigh in on economic growth, and the impact the debt deal will have on defense and health care stocks.

  • Military Contractors & Debt

    CNBC's Jane Wells reports the debt crisis has many defense contractors wondering how they're going to get paid, and the Fast Money traders with plays on stocks set to pop.

  • Unemployment line

    Planned job cuts rose to 41,432 jobs in June, an 11.6 percent increase on May, but the overall pace of downsizing is at the lowest level for 11 years, according to the monthly jobs report by Challenger, Gray & Christmas.

  • According to its manufacturer, Lockheed Martin, the F-22 Raptor is the best combat aircraft on earth. While this might seem tantamount to saying your son is brilliant, one look at the aircraft’s capabilities actually bears out the manufacturer’s statement. It can break the sound barrier, it can avoid detection by radar and it can shoot down cruise missiles. Unfortunately, an Air Force budget document estimated that one unit costs $150 million, with an overall program cost of $65 billion. The hig

    No other country on earth has a larger defense budget than the United States. What are the most expensive U.S. military vehicles? Find out.

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    In what may be one of the most fascinating pieces of space history, two sheets from the checklist Armstrong and Aldrin had on the Moon is up for auction next month at Bonhams. The sheets include handwritten notes by Aldrin scribbled as the two astronauts were on the lunar surface, shortly before Aldrin discovers a potentially fatal development.

  • Contracted in 2010: $35.9 billion* Total 2010 revenue: $45.8 billion Contracted in 2011, so far: $15.74 billion  Headquartered Lockheed’s dependence on contracts from the U.S. Government is no secret. The company researches, designs, develops and manufactures satellites, space vehicles, combat aircraft, missile defense systems, aeronautics and intelligence systems, which are essentially out of the scope of non-government consumers. Lockheed’s biggest contracts in 2010 included a $2.51 billion co

    As the U.S. moves closer to the so-called "Fiscal Cliff", big ticket government spending areas like defense programs are likely to be at the center of the debate.

  • EADS' Next Move

    An outlook on the aeronautic defense and space industry as companies watch events in Libya closely, with Sean O'Keefe, EADS North America CEO.

  • BAE Systems is braced for the imposition of strict curbs on its business by the U.S., as it moves closer to resolving a year-long review by the State Department of its guilty plea to a conspiracy charge last year, the Financial Times reported.

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    Fewer than half of the 2.1 million federal workers subject to a shutdown would be forced off the job if the Obama administration followed the path taken by presidents Ronald Reagan, George H.W. Bush and Bill Clinton

  • Boeing Headquarters

    The decision by the Pentagon to hand a $30 billion contract to Boeing to supply refueling planes to the US Air Force has raised eyebrows across Europe and the defense industry as the tender had originally gone to a consortium led by Europe's EADS.

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    With the nation's deficit continuing to balloon, the knife is out to slash budgets. One of the items on the chopping block is the defense budget.