WASHINGTON, Dec 12- Donald Trump on Monday widened his attack on defense contractors, slamming Lockheed Martin's F-35 fighter jet program as too expensive as aides to the president-elect said he intends to keep pushing to cut the costs of military hardware. U.S. Senate Armed Services Committee Chairman John McCain backed Trump's criticism of the F-35's costs.
CNBC's Morgan Brennan reports the latest on Lockheed Martin's response to President-elect Donald Trump's criticism about the F-35 program.
The "Squawk on the Street" crew discuss Lockheed Martin's response to a tweet from President-elect Donald Trump on the F-35 program.
Howard Rubel, Jeffries managing director, discusses Lockheed Martin following a tweet from President-elect Donald Trump calling out the cost of the F-35 fighter jet program.
Cowen cites Jimmy Carter's cancellation of the B-1 bomber program in 1977 as an example of the potential risk for defense companies.
CNBC's Phil LeBeau reports the latest on the Air Force One replacement order from Boeing and President-elect Donald Trump's tweet about the costs.
The Trump administration Boeing flap may be a signal they want better value in spending, says D.R. Barton at MoneyMorning.com.
The Washington Post reports the Pentagon buried the findings amid worries Congress would cut defense spending.
WARSAW, Dec 1- Poland has launched a tender to buy 14 helicopters as part of an urgent operational need of the armed forces, the defence ministry said in a statement on Thursday without elaborating. The ministry said NATO member Poland would spend all the funds allocated in the state budget this year to modernise its armed forces, despite having cancelled a...
Russia and the Philippines have agreed to closer ties when it comes to defense, according to Russian news outlet RT.
A potential NATO rift could pose problems for relations between U.S. President-elect Donald Trump and Russian President Vladimir Putin.
Stifel says Lockheed Martin will generate about $15.50 a share of annual free cash flow from 2016 to 2018 with a boost from Trump's policies.
Until recently, tourists paid $50 to visit the crumbling and abandoned former Soviet sites, which served during the Cold War as a defence against naval attack from the Black Sea. After Russia took control of Crimea from Ukraine in 2014, signs went up in the woods around the sites warning visitors against entering a "forbidden zone of the Russian Ministry of...
*Lockheed Martin, Saab keen to build in India. NEW DELHI, Oct 29- India is offering to buy hundreds of fighter planes from foreign manufacturers- as long as the jets are made in India and with a local partner, air force officials say. A deal for 200 single-engine planes produced in India- which the air force says could rise to 300 as it fully phases out aging Soviet-era...
The European parliament will for the first time vote on whether to spend large scale public cash on military research.
Lockheed Martin reported a 14.8 percent rise in quarterly sales, helped by the acquisition of helicopter maker Sikorsky Aircraft.
Russia has declassified the first ever image of its new thermonuclear-armed intercontinental ballistic missile.
WARSAW, Oct 18- Poland's defense ministry has invited Airbus, Lockheed Martin's Sikorsky unit and Leonardo-Finmeccanica for talks about buying army helicopters worth about 1 billion zlotys, the ministry said on Tuesday. The invitations were issued after Poland scrapped earlier this month a preliminary deal with Airbus to buy 50 Caracal multi-role...
WARSAW, Oct 18- Poland's defence ministry has invited Airbus, Lockheed Martin's Sikorsky unit and Leonardo-Finmeccanica for talks about buying army helicopters worth about 1 billion zlotys, the ministry said on Tuesday. The invitations were issued after Poland scrapped earlier this month a preliminary deal with Airbus to buy 50 Caracal multi-role...
*Japan wants defence firms to pursue exports after ban lifted. TOKYO, Oct 14- Until recently, public meetings between Japanese defence contractors and uniformed foreign military delegations would have stirred controversy in Japan, but this week's aerospace show in Tokyo saw plenty. In another corner of the Japan Aerospace 2016 show, Saudi Arabian military...