Lombardi was not involved in the bomber competition, an Air Force spokesman said. Northrop told Reuters it had confirmed that Lombardi was not a member of the source selection team that awarded the bomber contract, and remained confident that the Air Force had chosen the best solution to meet its bomber requirements. Lombardi, who had been the principal deputy...» Read More
U.S. and EU leaders plan to work together on sanctions and strengthening Europe and Ukraine's energy security in an united front against Russia.
Ashton Carter may be President Obama's top defense secretary nominee among other candidates.
CNBC's Carl Quintanilla reports President Obama has chosen Ashton Carter to be the Defense Secretary nominee.
As the U.S. economy settles into tepid growth, investors should buy stocks whose revenues are not dependent on the economic cycle, history shows.
Thomas Henriksen, Senior Fellow at Hoover Institution, discusses possible factors behind Chuck Hagel's resignation as U.S. Defense Secretary on Monday.
The sudden departure of UTX CEO had investors scratching their heads and wondering whether it created an opportunity to buy the stock.
CNBC's Eamon Javers provides insight to reports saying Defense Secretary Chuck Hagel was forced to resign and is not stepping down as President Obama indicated.
President Obama announces the departure of Secretary of Defense Chuck Hagel. Obama says Hagel will stay on until a successor is confirmed.
NBC News has confirmed Defense Secretary Chuck Hagel will be stepping down, reports CNBC's Eamon Javers.
The New York Times is reporting Defense Secretary Chuck Hagel will be stepping down, with CNBC's David Faber.
Lockheed Martin is pitching its unmanned helicopter, the K-MAX used in Afghanistan, to firefighting agencies. Insight, with CNBC's Jane Wells.
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.
The US Air Force just completed an initiative to convert all of its bases from military-specific grade jet fuel to a civilian grade.
With U.S. stocks nearly 2 percent overvalued, investors are worried that markets will see another correction, says Hugh Jackson, Chairman of Hugh Johnson Advisors.
Ohio state legislator Connie Pillich joins "Closing Bell" to discuss efforts to stop the many predatory lending tactics which target military personnel.
CNBC's Dominic Chu reports on companies helping to put veterans into their workforce.
Retired U.S. Army Colonel and Medal of Honor recipient Col. Jack Jacobs discusses if our society is doing enough to help veterans transition from the battlefield to boardrooms. Col. Jacobs also weighs in on Bob McDonald at the VA.
Wall Street recruiters aim to hire military veterans in a bid to help them adapt to civilian life.
As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.
The Orion, which may take astronauts to asteroids and Mars, is scheduled for an unmanned test launch on Dec. 4.