WASHINGTON, Aug 28- Two weeks of joint testing of the Lockheed Martin Corp F-35 fighter jet at a California air base by the Royal Netherlands Air Force showed that the new stealthy jets are able to share a significant amount of data with older warplanes, the pilot in charge of Dutch F-35 testing told Reuters. Colonel Albert De Smit, commander of the Netherlands...» Read More
Edward Hunt, senior defense consultant at IHS Jane's, discusses escalating tensions between Japan and China over an island dispute.
Beijing is now confronting strategic assumptions that have governed the Western Pacific region since World War Two.
The hottest spot in the East China Sea appears to be a bunch of uninhabited islands. CNBC's Bernie Lo and Deirdre Wang Morris discuss Beijing's latest move to send fighter jets into the area.
The Pentagon faces the retirement of its de facto chief operating officer, and his exit could have a big impact on the defense industry.
Lockheed Martin announced major job cuts around the U.S. CNBC's Jane Wells reports Lockheed's CEO Marillyn Hewson regrets facility closings and layoffs.
Defense contractor Lockheed Martin said it plans to cut 4,000 jobs, or more than 3 percent of its workforce, to cope with declines in U.S. spending.
CNBC's Jane Wells reports that or the first time an F-35 dropped a 500 pound laser guided bomb and successfully connected with its target on the ground.
One defense contractor is betting on high-tech solutions to help improve military intelligence in a world where less money will be spent on bullets.
The Fed is putting additional controls on its media security procedures, reports CNBC's Seema Mody. Also, Boeing and Lockheed Martin are teaming up on a new contract.
Due to the uncertainties in Washington, it is a difficult time for the defense business, says Linda Hudson, Bae Systems CEO. She says 1,200 workers were out of work due to the shutdown and shifting Bae System's portfolio into military equipment and high tech electronics.
Air Force officers have been caught leaving open a blast door that is intended to help prevent intruders from entering their underground command post.
CNBC's Tyler Mathisen and Dominic Chu discuss what defense stocks could be market outperformers in the upcoming quarter.
Turkey's military always relied on NATO-supplied Patriot missiles, but its selection of Chinese defense company stunned the military establishment.
Former Michigan Governor John Engler shares his opinions on why businesses in the Business Roundtable have slowed hiring, and the impact to their supply chains.
Former Michigan Governor John Engler discusses the challenges he sees in the implementation of Obamacare.
Former Michigan Governor John Engler discusses the toll the government shutdown is having on the economy, and how it's affecting confidence in government.
Just hours before Congress shut down the federal government, the Pentagon quietly went on a shopping spree and spent billions.
Doing a deal with the Chinese rather than with Europe or the U.S. has multiple advantages for Turkey, experts said.
The government shutdown will have an immediate impact on workers at the Pentagon. But for the defense contractors? No big deal right now.
Despite sequestration, defense contractor stocks remain near all-time highs, reports CNBC's Jane Wells. FM trader Steve Grasso says Lockheed is his favorite, and Pete Najarian likes Boeing.