GO
Loading...

Defense Contractors

More

  • U.S. bans licenses for military exports to Russia Thursday, 27 Mar 2014 | 2:18 PM ET

    WASHINGTON, March 27- The U.S. State Department said on Thursday it imposed a ban this week on the issuance of licenses for the export of defense items and defense services to Russia in response to Russia's annexation of Crimea.

  • *Boeing gets contract for 24 Apache attack helicopters. DOHA, March 27- Qatar announced contracts worth about $23 billion on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up.

  • Technology won't stop the next Snowden Wednesday, 26 Mar 2014 | 10:14 AM ET
    Former NSA contractor Edward Snowden appears by remote-controlled robot at a TED conference in Vancouver, March 18, 2014.

    Two espionage experts argue that understanding motive is as important as tech solutions to stopping the next Edward Snowden.

  • *Faster timeframe reflects crisis in next-door Ukraine. WARSAW/ WASHINGTON, March 20- Poland has decided to speed up its tender for a missile defence system, the Defence Ministry said, in a sign of Warsaw's disquiet over the tension between neighbouring Ukraine and Russia.

  • WARSAW/ WASHINGTON, March 20- Poland has decided to speed up its tender for a missile defence system, a defence ministry spokesman said on Thursday, in a sign of Warsaw's disquiet over the tension between neighbouring Ukraine and Russia.

  • *Air force chief denies saying plane tracked to Malacca Strait. KUALA LUMPUR, March 12- Malaysia's air force chief has denied saying military radar tracked a missing Malaysia Airlines jetliner over the Strait of Malacca, adding to the mystery surrounding the fate of flight MH370, which vanished on Saturday with 239 people aboard.

  • U.S. military braces for budget battles with Congress Tuesday, 11 Mar 2014 | 8:42 PM ET

    WASHINGTON, March 11- Top U.S. defense officials are bracing for a brutal season of budget negotiations, warning U.S. lawmakers that the U.S. military will gradually become unable to respond to emerging crises if Congress blocks the Pentagon's plans to cut military compensation, close bases and retire entire fleets of aircraft.

  • WASHINGTON, March 11- The U.S. Air Force is "holding tight" to a target of $550 million for each new long-range bomber in a fleet of up to 100 aircraft, excluding research and development costs, an Air Force official said on Tuesday. The Air Force planned to spend nearly $12 billion on the bomber program over the next five years, said spokesman Ed Gulick.

  • KUALA LUMPUR, March 11- Malaysia's military believes it tracked a missing jetliner by radar over the Strait of Malacca, far from where it last made contact with civilian air traffic control off the country's east coast, a military source told Reuters. It made it into the Malacca Strait, "the military official, who has been briefed on investigations, told Reuters.

  • WASHINGTON, March 6- The U.S. Navy plans to add 22 Boeing electronic attack jets to a list of "unfunded" priorities requested by Congress, but the document must still be vetted by senior Pentagon officials, who have underscored their commitment to Lockheed Martin Corp's next-generation F-35 fighter jet, sources familiar with the matter told Reuters.

  • WASHINGTON, March 4- The U.S. Air Force decided on Tuesday to start work on a new rescue helicopter by United Technologies Corp's Sikorsky Aircraft in fiscal 2015, a surprising turnaround hours after the Pentagon told Congress the program had been postponed.

  • Defense stocks may now be a strong defensive play Monday, 3 Mar 2014 | 2:26 PM ET
    Joint Strike Fighter F-35 Lightning II on the deck of USS Wasp, Aug. 28, 2013.

    The Ukraine crisis is a reminder that defense sector stocks can be a strong defensive play. Consider the strong outlook for Lockheed Martin.

  • US defense budget     Monday, 3 Mar 2014 | 1:50 PM ET

    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.

  • Chart of the Day: US military dollars vs the world Monday, 24 Feb 2014 | 1:04 PM ET
    A U.S. Navy technician walks past a row of F/A-18 Super Hornet combat jets, aboard the USS George Washington aircraft carrier near Eastern Samar, the Philippines, Nov. 20, 2013.

    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.

  • Pentagon moving ahead with new vertical lift aircraft Friday, 21 Feb 2014 | 11:39 PM ET

    HUNTSVILLE, Alabama, Feb 21- The Pentagon is committed to early design work on a new aircraft that will replace thousands of helicopters now used by the U.S. military, its first "clean sheet design" program in years, the Army official heading the effort said on Friday.

  • BAE stock tumble: buying opportunity?     Thursday, 20 Feb 2014 | 11:10 AM ET

    Chris Tinker, founder of Libra Investment Services, says the falloff in BAE Systems' stock after a profit warning is overdone, because the U.S.'s defense cutbacks are old news.

  • OTTAWA/ WASHINGTON, Feb 14- U.S. weapons maker General Dynamics Corp has won a contract worth up to $13 billion for its Canadian division to build light-armored vehicles for Saudi Arabia, in what Ottawa said was the largest advanced manufacturing export win in Canadian history.

  • WASHINGTON, Feb 13- Boeing Co is mounting a last-ditch campaign to convince U.S. lawmakers to buy more fighter jets and stave off a shutdown of a St. Louis production line after the U.S. Navy failed to fund the jets.

  • Drone exports face restrictions     Thursday, 13 Feb 2014 | 3:45 PM ET

    CNBC's Josh Lipton reports how drone restrictions are impacting U.S. drone makers.

  • WASHINGTON, Jan 31- The U.S. Defense Department said on Friday it would conduct environmental impact studies for four possible missile defense sites in the eastern United States but stressed it had not yet decided to proceed with construction.