PROVIDENCE, R.I.— A couple from Georgia who filed a lawsuit that blew the whistle on wrongdoing by a longtime U.S. Navy employee and Navy contractors has agreed to settle for $90,000, and a federal judge in Rhode Island has dismissed the long-running case. The couple initially sought up to $54 million, triple the $18 million that prosecutors say the Navy lost in a...» Read More
President Obama is expected to release his full year 2015 budget on Tuesday. CNBC's Jane Wells reports defense stocks were up on a down market day today.
Ben Moores, senior analyst commercial aircraft markets at IHS, discusses the global defense industry and whether the events in Ukraine will impact the sector.
CNBC's Jane Wells reports that the Defense Department plans to request $496 billion for its base budget in 2015.
Defense Secretary Chuck Hagel is speaking at the Pentagon on defense budget cuts. CNBC's Jane Wells reports the defense department is requesting $496 billion this fiscal year.
CNBC's John Harwood is monitoring Defense Secretary Chuck Hagel's remarks on cuts to the defense industry.
Cai Von Rumohr of Cowen and Co. discusses the likelihood Congress will support Defense Secretary Chuck Hagel's proposed defense cuts.
Defense Secretary Chuck Hagel is speaking at the Pentagon on defense budget cuts. CNBC's Jane Wells reports Hagel is hoping Congress will support another round of base closings.
The U.S. spent more than $600 billion on its military forces in 2012, the latest figures available. Here's a look at where the money went.
The U.S. government plans to shrink the Army in a new spending proposal. It would be the smallest force since before the Second World War.
Chris Tinker, founder of Libra Investment Services, says the falloff in BAE Systems' stock after a profit warning is overdone, because the U.S.'s defense cutbacks are old news.
China already has the largest army in the world. Now its soldiers are getting bigger too.
CNBC's Josh Lipton reports how drone restrictions are impacting U.S. drone makers.
Always wanted to see what it's like to pilot an aircraft or a military helicopter? CNBC's Sri Jegarajah tries out the various flight simulations at the Singapore Airshow 2014.
Andrew Shapiro, Founder & MD at Beacon Global Strategies, says U.S. companies stand to benefit from rising Asian defense spending.
Christian Scherer, Head of Commercial at Airbus Defense and Space, explains why economic growth, not regional tensions, is fueling Asia's need for defense technology.
John Harris, CEO at Raytheon International, says precision weapon systems and surveillance programs are some of the sectors drawing interest at the Singapore Airshow.
Jose Eduardo Costas, Vice President of Market Intelligence, Executive Jets, at Brazilian aerospace conglomerate Embraer discusses the growth of private jets in emerging markets.
Frank Kendall, U.S. Under Secretary of Defense for Acquisition, Technology and Logistics, warns that the rate of production for the F-35 program might slow.
Defense spending around the world is expected to rise for the first time since 2009 in 2014, as Asian and Middle Eastern countries buy up weapons.
In its surveillance for terrorism suspects, the NSA has been trying to exploit a basic byproduct of modern telecommunications. NYT reports.