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.
Romney squeaks to victory, the GOP takes Congress, Obama raises taxes and the Fed keeps rates on hold.
CNBC.com spoke with experts in tech, human resources, and finance to determine which professions are best for workers over 40.
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.
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.
With a week to go before the Super Committee's deadlines, defense is expected to take a big hit, reports CNBC's Jane Wells.
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.
"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."
How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.
The Fast Money traders weigh in on economic growth, and the impact the debt deal will have on defense and health care stocks.
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.
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.
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.