OTTAWA, May 26- Canada, which has repeatedly put off a decision on replacing its aging CF-18 fighter jets, could be in a position to order a fleet of new planes by 2020, the defense department said on Thursday. In a guide to defense firms posted online, the Department of National Defence said it hoped to award the contract between 2018 and 2020 and said the final jets... » Read More
The Pentagon is less than pleased with the trend of consolidation and share buybacks in the defense sector, reports CNBC's Jane Wells.
CNBC's Jane Wells reports on one defense company's efforts to spare its drone program from defense budget cuts and adapt to the future.
For those enlisted servicemen and servicewomen who muster out, job prospects have improved as the overall recovery continues to put more Americans to work.
What to expect out of the defense sector in the second half of the year, with CNBC's Jane Wells.
A robotics contest on Friday will pit robots against each other to carry out complicated, disaster-related tasks.
Defense spending among nations in the South China Sea region is rising, but most of it isn't going to the United States.
Elon Musk's venture is taking off as it snares major space contracts. Now rivals like UAL and Blue Origin are vying for the niche market.
NASA has asked Boeing and SpaceX to develop and operate space "taxis" that will cut out a dependence on Russia.
Lockheed Martin wants to use its unmanned helicopter--the K-Max--as a firefighting tool. Check out the drone in action in video courtesy of Lockheed.
There are signs that the Obama administration is getting ready to up the ante against ISIS - at a cost of up to an additional $40 billion a year.
The cost of the American military campaign against ISIS likely has passed $1 billion.
A joint venture of Boeing and Lockheed Martin plans to develop a new rocket engine with a company run by Amazon.com founder Jeff Bezos.
The Pentagon has decided not to send Lockheed Martin F-35 fighters to a UK air show amid mechanical problems with the weapons project.
With the FAA drafting rules to permit the use of commercial drones, one pro has her eye on these names.
Colorado is trying to outbid rival states like Florida and New Mexico for a bigger slice of the commercial aerospace industry pie.
What will our military look like in 25 years? CNBC's Jane Wells takes a look at how the military plans to deploy robots into action.
Peter Skibitski, Drexel Hamilton defense analyst, shares his thoughts on the future of the defense industry.
From drones to robot armies, CNBC's Jane Wells takes a look at what the U.S. defense industry might look like in 25 years.
The House Armed Services Committee approved a bill authorizing a $496 billion Pentagon base budget but rejecting many attempts to cut spending.
A court injunction prohibited two firms from proceeding with plans to buy Russian rocket engines used to send U.S. Air Force satellites into space.