KITTERY, Maine— Portsmouth Naval Shipyard is hiring more than 700 workers to deal with an increase in work as the Navy aims to reduce maintenance delays, particularly on nuclear submarines, officials say. The Navy is also hiring at its three other public shipyards, with about 1,520 workers at Norfolk Naval Shipyard, about 850 at Puget Sound Naval Shipyard and...» Read More
BRUSSELS, July 9- The chief executive of Bell Helicopter said on Wednesday he was confident that the company's concept for the U.S. Army's next-generation helicopter would be selected for flight testing in an eagerly awaited decision expected within the next month.
With the FAA drafting rules to permit the use of commercial drones, one pro has her eye on these names.
The Pentagon's F-35 program office, Air Force and Navy issued directives on Thursday ordering the suspension of all F-35 flights after a June 23 fire on an Air Force F-35A jet at Eglin Air Force Base in Florida, according to statements by the Pentagon and the F-35 program office.
TOKYO, July 3- Japan's Mitsubishi Electric has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said.
WASHINGTON, July 2- U.S. and British military officials are working on a joint directive to require mandatory inspections of engines on all Lockheed Martin Corp F-35 fighter jets, after an Air Force F-35A caught fire at a Florida air base last week, said sources familiar with the situation.
The initial contract covers development and delivery of four Combat Rescue Helicopters based on the company's workhorse UH-60 Black Hawk, and caps nearly 15 years of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk rescue helicopters.
The contract covers development and delivery of four new Combat Rescue Helicopters and caps over a decade of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk helicopters.
WASHINGTON, June 26- The U.S. Air Force is expected on Thursday to award Sikorsky Aircraft, a unit of United Technologies Corp, a contract worth about $1.3 billion to develop a new combat search and rescue helicopter based on the company's workhorse UH-60 Black Hawk, according to sources familiar with the deal.
Colorado is trying to outbid rival states like Florida and New Mexico for a bigger slice of the commercial aerospace industry pie.
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.
Peter Skibitski, Drexel Hamilton defense analyst, shares his thoughts on the future of the defense industry.
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.
The House Armed Services Committee approved a bill authorizing a $496 billion Pentagon base budget but rejecting many attempts to cut spending.
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.
How global unrest has impacted defense stocks, with Jim Iuorio, TJM Institutional Services.
Lockheed Martin reports earnings Tuesday. CNBC's Jane Wells reports earnings are expected to rise 9 percent.
Two espionage experts argue that understanding motive is as important as tech solutions to stopping the next Edward Snowden.
The Ukraine crisis is a reminder that defense sector stocks can be a strong defensive play. Consider the strong outlook for Lockheed Martin.
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.
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.