Top defense companies had first-quarter earnings calls this week and one common theme was management displeasure about the budget stalemate. » Read More
By: Christine Wang
A South Korean military official confirmed to NBC that the test occurred around 5:30 a.m. local time. » Read More
The advance acquisition contract covers long-lead time materials, parts, components and work for low-rate initial production of the fighter jets. » Read More
The move is being applauded by privacy advocates. » Read More
The ruling defines maritime delimitation, which should facilitate negotiations when settling territorial disputes, says Universitas Indonesia's Mari Pangestu.
China believes that it has the right to conduct activities on the reefs, but it has not said it would continue, says Fudan University's Shen Dingli.
Even if China were to withdraw from the treaty, The Hague's decision can't be repealed and is legally binding, says NYU Law's Isaac Kardon.
A bilateral deal would be a concern, because basic laws such as freedom of navigation should be respected, says former Defense Secretary Chuck Hagel.
Former Defense Secretary Chuck Hagel says the U.S. does not want to see a rise in tensions but "freedom of navigation" must be respected.
The price of Lockheed Martin's F-35 fighter jet is coming down as commercial sales, CEO Marillyn Hewson says.
Marillyn Hewson, Lockheed Martin CEO, discusses the introduction of its latest fighter jet and addresses criticism of cost overruns. Also Hewson weighs in on M&A in the industry and defense spending.
Prime Minister Shinzo Abe's coalition looks headed for a victory in Sunday's upper house elections despite doubts on his economic policies and military aims.
North Korea fired a submarine-launched ballistic missile on Saturday, but it appeared to fail in the early stages of flight, South Korea's military said.
The CBO says the plan could save nearly $6-billion annually.
A US federal agency claims the U.S. military could save up to $5.7 billion annually by replacing soldiers with civilians.
CNBC's Hadley Gamble reports from Warsaw where NATO members are meeting and speaks to the NATO secretary general.
A trio of Lockheed Martin’s F-35 Joint Strike Fighter touched down in the UK last week in readiness for an appearance at the Farnborough Airshow
Days ahead of a ruling by an international tribunal over disputes in the South China Sea, China has stepped up its rhetoric.
The city hosting the 2016 Olympic Games is in a state of fiscal emergency, raising concerns about safety measures for the event.
China "must be prepared" for any military confrontation in the South China Sea, the country's Global Times newspaper said in an editorial Tuesday.
The "all clear" was given after a report of an active shooter at Joint Base Andrews.
Brexit will affect EU's collective action by impacting sanctions, counter-terrorism and border control, says Deloitte Global's Jack Midgley.
The Hague will soon issue a judgement on China's disputes with the Philippines over the South China Sea. China says it will have none of it.
NATO secretary-general, Jens Stoltenberg tells CNBC’s Nancy Hungerford that the U.K. has been a lead nation in defense spending, while commenting on other European NATO allies.
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