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Defense Contractors

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  • 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.

  • 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.

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

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

  • Street awaits Lockheed Martin's earnings   Monday, 21 Apr 2014 | 1:42 PM ET
    Street awaits Lockheed Martin's earnings

    Lockheed Martin reports earnings Tuesday. CNBC's Jane Wells reports earnings are expected to rise 9 percent.

  • 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.

  • 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
    US defense budget

    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.

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

    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.

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

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

  • Navigating defense earnings   Thursday, 23 Jan 2014 | 2:00 PM ET
    Navigating defense earnings

    CNBC's Dominic Chu looks at earnings from defense companies Lockheed Martin and General Dynamics, and previews the defense earnings calendar for next week.

  • US in Honeywell probe over export, import controls Sunday, 12 Jan 2014 | 8:50 AM ET
    Lockheed Martin's F-35.

    The U.S. is investigating export and import procedures at Honeywell after the firm included Chinese parts in equipment it built for the F-35 jet.

  • US put China-made parts in F-35 fighter program Friday, 3 Jan 2014 | 4:49 PM ET
    Lockheed Martin's F-35.

    The Pentagon waived laws banning Chinese-built components on US weapons to keep the F-35 fighter program on track in 2012 and 2013, a report said.

  • Snowden 'just an aberration': Booz Allen CEO Thursday, 2 Jan 2014 | 2:33 PM ET
    National Security Agency building in Fort Meade, Md.

    Former security contractor Edward Snowden's leaks did not hurt business at his former employer, Booz Allen Hamilton's CEO told CNBC on Thursday.

  • 2014 Defense industry predictions   Monday, 30 Dec 2013 | 3:45 PM ET
    2014 Defense industry predictions

    CNBC's Jane Wells shares her predictions for the defense industry in 2014 and weighs in how international sales impact Lockheed's bottom line.

  • US opens door to more weapon sales to Gulf Sunday, 8 Dec 2013 | 8:11 AM ET
    US Secretary of Defense Chuck Hagel.

    The U.S. defense secretary, has opened the door to more weapons sales to the Gulf states, as Washington seeks to convince allies of its commitment to the Iran nuclear talks. The Financial Times reports.

  • Lockheed cuts 4,000 jobs as US govt spending wanes Thursday, 14 Nov 2013 | 9:28 AM ET

    Defense contractor Lockheed Martin said it plans to cut 4,000 jobs, or more than 3 percent of its workforce, to cope with declines in U.S. spending.

  • Difficult time in defense business: Bae Systems CEO

    Due to the uncertainties in Washington, it is a difficult time for the defense business, says Linda Hudson, Bae Systems CEO. She says 1,200 workers were out of work due to the shutdown and shifting Bae System's portfolio into military equipment and high tech electronics.

  • NATO's Turkey looks to China for missile purchase Thursday, 3 Oct 2013 | 1:23 PM ET

    Doing a deal with the Chinese rather than with Europe or the U.S. has multiple advantages for Turkey, experts said.

  • The new 'Humvee': Firms vie for $22 billion prize Friday, 20 Sep 2013 | 11:00 AM ET
    U.S. Army soldiers dismount from their Humvee after getting stuck in a mud hole in Kirkuk, Iraq, 2006.

    The Department of Defense is one step closer to awarding a contract to replace nearly 55,000 Humvees with a new, more maneuverable vehicle.