With so much government money going to defense companies like Lockheed Martin, it is difficult to imagine a "fiscal cliff" deal that does not cut at least some of the Pentagon's defense budget.
Dawne Hickton, RTI International Metals, and Howard Dean, former Democratic National Committee chairman, debate the pros and cons of going over the "fiscal cliffs."
Read ahead to see the most expensive U.S. military programs currently under way.
The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.
A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.
Perhaps no industry has been as male dominated as the defense industry. Now, two major contractors, including the largest defense company in the world, will soon be led by women.
As sex-scandals rock the defense world, women are stepping up to lead, reports CNBC's Jane Wells.
CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.
Jason Trennert, Strategas Research Partners, and Barry Knapp, Barclays, discuss the economic outlook for next year, as the nation faces taxing times in 2013.
Jason Trennert, Strategas Research Partners, and Barry Knapp, Barclays, discuss yesterday's market sell-off and weigh in on the outlook for the remainder of the year.
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.