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• Navy: Ship run aground is complete loss

  HONOLULU-- The U.S. Navy plans to dismantle a minesweeper that ran aground on a coral reef off the Philippines because the ship is a complete loss and because removing it intact would cause more damage to the reef and the ship's hull, a spokesman said Wednesday. Limiting damage to the coral, which is part of a national marine park, is important to the Navy, James said.

• Why Defense Stocks Are Doing Well, Despite Earnings Expectations

  

  Defense shares have continued to be positive going into earnings season (Boeing aside due to 787 problems), even though most analysts believe earnings will be lower than a year ago.

• UPDATE 1-Boeing, Sikorsky team up for new US military helicopter

  *Army project to lay groundwork for bigger Pentagon program. WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, said they were teaming up to develop a next-generation multi-role helicopter for the U.S. military.

• Boeing, Sikorsky team for next US military helicopter-sources

  WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, have reached a strategic teaming agreement to develop a next-generation multi-role helicopter for the U.S. military, according to sources briefed on the matter.

• US Air Force eyes changes to national security satellite programs

  WASHINGTON, Jan 17- The U.S. Air Force is moving ahead with plans to change its approach to national security satellites, including greater use of government sensors on commercial satellites and possible launches of cheaper, less-complex satellites for other missions, a top Air Force general said on Thursday.

• All Dreamliners Grounded 

  

  The FAA has grounded all Boeing 787 Dreamliners, but the stock is making a comeback today after yesterday's drop, reports CNBC's Phil LeBeau.

• Dreamliner Grounded: What's Next? 

  

  Boeing is not planning to change its 787 production schedule despite recent problems, reports CNBC's Phil LeBeau. Ken Herbert, aerospace analyst at Imperial Capital, weighs in.

• Boeing Defends 787 

  

  Boeing defends use of lithium ion batteries on Dreamliner jets, with CNBC's Phil LeBeau. Mary Schiavo, aviation attorney, weighs in.

• Defense: Who's Affected by These Cuts? 

  

  CNBC's Jane Wells explains what areas of defense remain vulnerable.

• US Arms Sales to Asia Set to Boom on Pacific 'Pivot'

  

  U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.

• Pentagon Gears Up for Big Layoffs 

  

  The Pentagon is getting ready to lay off hundreds of thousands of employees, with CNBC's Hampton Pearson.

• How 'Cliff' Will Impact Defense 

  

  CNBC's Hampton Pearson reports Defense cutbacks loom as the Pentagon plans to notify 800 thousand employees of potential furloughs if no deal is reached in a debt deal.

• Defense in the New Year 

  

  Defense companies are sure to be affected if we go over the "fiscal cliff" because of automatic spending cuts to the industry, reports CNBC's Jane Wells.

• Defense Stock Plays For the New Year 

  

  Howard Rubel, Jefferies analyst, provides insight on how to play the defense sector.

• General Dynamics, Huntington Ingalls win huge US submarine orders

  WASHINGTON, Dec 27- The U.S. Navy last week awarded submarine contracts worth up to $4.5 billion to General Dynamics Corp and Huntington Ingalls Industries Inc., securing the funds from automatic budget cuts if Congress cannot reach agreement on other ways to reduce U.S. deficits.

• INTERVIEW-More cuts in US defense spending a 'given'-Air Force

  *Air Force to protect most critical programs. WASHINGTON, Dec 20- Further cuts in U.S. military spending are certain, even if Congress and the White House find a way to avert damaging automatic reductions, a top U.S. Air Force general told Reuters as prospects for such a deal appeared to dim.

• U.S. defense bill bans funding for joint missile program

  *White House warned measure could harm ties with allies. WASHINGTON, Dec 18- House of Representatives and Senate negotiators on Tuesday defied the White House and passed a defense budget bill that bans funding for the final year of a joint ground-based missile defense program with Italy and Germany.

• Even With a Deal, This Big Name Could Still Fall Off a 'Cliff'

  

  With so much government money going to defense companies like Lockheed Martin, it is difficult to imagine a "fiscal cliff" deal that does not cut at least some of the Pentagon's defense budget.

• Pentagon, Lockheed finalize contract for fifth lot of F-35 fighters

  WASHINGTON, Dec 14- The U.S. Defense Department said on Friday it has finalized a contract for the purchase of a fifth batch of radar-evading F-35 fighter aircraft from Lockheed Martin Corp., a deal worth $3.8 billion for 32 of the advanced planes. It paid $111.6 million for the Air Force version of the plane in the previous contract.

• UPDATE 1-Most contractors opt out of US Air Force chopper bids

  Northrop Grumman Corp, which was teamed with Italy's Finmeccanica SpA; Boeing Co; Textron's Bell Helicopter unit; and the U.S. unit of Europe's EADS all said they would not compete to build 112 new helicopters for the Air Force, raising questions about whether the contest can proceed as planned.