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Business Defense

  • SAN DIEGO— U.S. Customs and Border Protection said Friday that it plans to start awarding contracts by mid-April for President Donald Trump's proposed border wall with Mexico, signaling that he is aggressively pursuing plans to erect "a great wall" along the 2,000- mile border. Homeland Security Secretary John Kelly has sought employees' opinions during...

  • Missile destroyer Guangzhou launches an air-defense missile during a military exercise near south China's Hainan Island and Xisha islands, July 8, 2016.

    China ratchets up criticism on US missile plan for Korean Peninsula as it accelerates own missile development program.

  • SAN FRANCISCO— Gap Inc. met Wall Street expectations with its fourth-quarter profit on Thursday, helped again by results at its Old Navy brand. The clothing company with brands including Gap, Banana Republic, Old Navy and Athleta, said it earned $220 million, or 55 cents per share in the period that ended Jan. 28. Net sales at Old Navy rose in the quarter, while those at...

  • Civilians under siege by Assad regime forces and its supporter foreign terrorist groups, wait for their evacuation in Aleppo, Syria, on Dec. 20, 2016.

    The European and Gulf States have conditions for Moscow before they agree to contribute, Financial Times reports.

  • LONDON, Feb 23- BAE Systems, the world's third-largest defence contractor, said its earnings would rise 5 to 10 percent this year, boosted by an increase in U.S. military spending and a ramp-up in programmes such as the F-35 combat aircraft. The company, which is building Britain's Dreadnaught-class submarine, also met expectations with a 7 percent rise in 2016...

  • LONDON, Feb 23- BAE Systems, the world's third-largest defense contractor, said its earnings would rise 5 to 10 percent this year, boosted by an increase in U.S. military spending and a ramp-up in programs such as the F-35 combat aircraft. The company, which is building Britain's Dreadnaught-class submarine, also met expectations with a 7 percent rise in 2016...

  • Kelly, speaking in Mexico's capital, said all deportations will comply with human rights requirements and the U.S. legal system, including its multiple appeals for those facing deportation. He said the U.S. approach will involve "close coordination" with Mexico's government. Secretary of State Rex Tillerson tried to alleviate Mexico's concerns, Trump was...

  • LONDON, Feb 23- Britain's BAE Systems said it expected increased defense budgets to boost its earnings by 5-10 percent this year after it met market expectations with a 7 percent rise in 2016.. The company reported underlying earnings per share of 40.3 pence on sales up 1.1 billion pounds to 19 billion pounds, with the better-than-expected rise mainly coming...

  • LONDON, Feb 23- Britain's BAE Systems said it expected increased defence budgets to boost its earnings by 5-10 percent this year after it met market expectations with a 7 percent rise in 2016.. The company reported underlying earnings per share of 40.3 pence on sales up 1.1 billion pounds to 19 billion pounds, with the better-than-expected rise mainly coming...

  • Time to buy defense stocks?

    Richard Safran, Buckingham Research Aerospace Analyst, weighs in on defense spending.

  • Inside the F-35

    CNBC's Morgan Brennan reports the latest on how Lockheed Martin has been engaged in a delicate dance with President Trump over criticism about cost overruns and delivery delays in its fifth generation F-35 fighter jet.

  • First look inside the F-35 factory

    CNBC's Morgan Brennan takes a look inside Lockheed Martin's Forth Worth facility where the fifth generation of F-35 fighter jets are assembled.

  • MOSCOW— Along with a steady flow of new missiles, planes and tanks, Russia's defense minister said Wednesday his nation also has built up its muscle by forming a new branch of the military— information warfare troops. Sergei Shoigu's statement— which came amid Western allegations of Russian hacking— marked the first official acknowledgement of the existence of...

  • PARIS— Surprise new costs for the long-troubled Airbus A400M military jet sent the European plane maker's profits plunging last year and will weigh on the company's financial prospects through next year, even as it forecast a rise in aircraft deliveries and demand. Airbus CEO Tom Enders acknowledged that "the jury is still out on the long-term success" of the...

  • Unleashing the F-35's full capability

    CNBC's Morgan Brennan talks to Billie Flynn, an F-35 test pilot, about the plane's capabilities and the pilots who will put it to the test.

  • Defense spending trends in Southeast Asia

    Paul Burton of Jane’s by IHS Markit weighs in on the defense budgets in Singapore and Indonesia.

  • This undated picture released by North Korean news agency, KCNA (Korean Central News Agency) on February 2, 2017 shows North Korean leader Kim Jong-Un visiting newly built Pyongyang Orphans' Primary School.

    North Korea will probably be “the single most defining geopolitical challenge” for the Trump administration, a former NSC Asia director said.

  • Army officers and soldiers in action during a drill on January 3, 2017 in Yinchuan, Ningxia Hui Autonomous Region of China.

    China has become less dependent on arms import over the past five years due to increased military capabilities at home, the SCMP reports.

  • Vice President Mike Pence assures the European Union in Brussels the Trump administration will develop their cooperation in trade and security and backs the EU as a partner in its own right. The U.S. military is "not in Iraq to seize anybody's oil," Defense Secretary Jim Mattis says, distancing himself from remarks by Trump, as he holds talks with Iraqi leaders.

  • The U.S. Vice President Mike Pence has told senior officials in Brussels that the U.S. wants "deeper ties" with the European Union.

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