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Defense Contractors

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  • "We intend to resume flights of the F-35As tomorrow," 1st Lieutenant Hope Cronin, a spokeswoman for the Air Force 33rd Fighter Wing, said on Tuesday. The unit trains Air Force, Marine Corps and Navy pilots to fly the new jets at Eglin Air Force Base.

  • WASHINGTON, June 23- The U.S. Air Force on Monday temporarily halted flights at a Florida air base of 26 F-35A fighter jets built by Lockheed Martin Corp after a jet caught fire as it was preparing to take off for a training flight, a Pentagon spokesman said.

  • Ground-Based Midcourse Defense weapons system designed to destroy incoming ballistic missiles launched by North Korea or Iran. The Pentagon's Missile Defense Agency has 30 ground-based interceptors at military bases in California and Alaska.

  • WASHINGTON, June 20- The Pentagon is restructuring a $3.48 billion contract with Boeing Co for management of the troubled U.S. homeland missile defense program, said two sources familiar with the situation.

  • WASHINGTON, June 11- The Pentagon would reassess its plans to put Raytheon Co's CE-2 kill vehicle on 14 more ground-based interceptors if a key test of the system designed to protect the United States from North Korean missile attacks fails again later this month, a top Pentagon official said Wednesday.

  • The talks, which began in earnest over the past two months, represent another milestone in Prime Minister Shinzo Abe's bid to nurture a domestic military export industry that would also bring down Japan's defence procurement costs at a time of rising tensions between Tokyo and an increasingly assertive China.

  • The talks, which began in earnest over the past two months, represent another milestone in Prime Minister Shinzo Abe's bid to nurture a domestic military export industry that would also bring down Japan's defence procurement costs at a time of rising tensions between Tokyo and an increasingly assertive China.

  • WASHINGTON, June 2- The Pentagon's No. 1 supplier, Lockheed Martin Corp, has won a $915 million contract to develop a ground-based radar for tracking objects in space for the U.S. Air Force, beating out a bid from Raytheon Co. The new program will allow the Air Force to increase sharply its ability to track "space junk" and other smaller objects in space.

  • Japan is considering selling submarine technology to Australia- perhaps even a fleet of fully engineered, stealthy vessels, according to Japanese officials.

  • Rise of robot military     Tuesday, 13 May 2014 | 10:53 AM ET

    What will our military look like in 25 years? CNBC's Jane Wells takes a look at how the military plans to deploy robots into action.

  • The next 25 years in defense     Tuesday, 13 May 2014 | 7:45 AM ET

    Peter Skibitski, Drexel Hamilton defense analyst, shares his thoughts on the future of the defense industry.

  • Future face of defense industry     Tuesday, 13 May 2014 | 7:41 AM ET

    From drones to robot armies, CNBC's Jane Wells takes a look at what the U.S. defense industry might look like in 25 years.

  • House rejects Pentagon's pay, weapons cuts Thursday, 8 May 2014 | 8:54 AM ET
    Flanked by members of the U.S. House Armed Services Committee, Committee Chairman U.S. Rep. Howard P. 'Buck' McKeon (R-CA) (C) speaks during a news conference March 1, 2013 on Capitol Hill in Washington, DC.

    The House Armed Services Committee approved a bill authorizing a $496 billion Pentagon base budget but rejecting many attempts to cut spending.

  • WASHINGTON, May 7- Sikorsky Aircraft, a unit of United Technologies Corp, won an initial $1.24 billion contract to develop and build six new U.S. presidential helicopters, the first step toward a fleet of 21 new aircraft by 2023, the Pentagon announced on Wednesday.

  • SpaceX to govt: Stop buying Russian rocket engines Thursday, 1 May 2014 | 6:40 AM ET
    A SpaceX Falcon 9 rocket, attached to the Dragon, a cargo-only capsule, lifts off from the launchpad in Cape Canaveral, Florida

    A court injunction prohibited two firms from proceeding with plans to buy Russian rocket engines used to send U.S. Air Force satellites into space.

  • April 28- General Dynamics Corp, the maker of Gulfstream jets, tanks and naval ships, said its unit had received a contract worth $17.6 billion from the U.S. Navy for the construction of ten submarines.

  • WASHINGTON, April 28- The U.S. Navy on Monday awarded a $17.6 billion contract for 10 more Virginia-class, nuclear-powered attack submarines to General Dynamics Corp and its major subcontractor, Huntington Ingalls Industries Inc, the largest ever Navy shipbuilding contract.

  • WASHINGTON, April 28- The U.S. Navy on Monday awarded a $17.6 billion contract for 10 more Virginia-class attack submarines to General Dynamics Corp and its major subcontractor, Huntington Ingalls Industries Inc, the largest Navy shipbuilding contract ever.

  • WASHINGTON, April 27- A new 10- year security pact between the United States and the Philippines could lead to modest increases in U.S. weapons sales in coming years, especially for maritime surveillance equipment, analysts said on Sunday.

  • Macro story for defense stocks: Pro     Monday, 21 Apr 2014 | 1:47 PM ET

    How global unrest has impacted defense stocks, with Jim Iuorio, TJM Institutional Services.