Air Force Chief of Staff General Mark Welsh told a separate news conference at the Pentagon that he was confident the Air Force would meet its target date of declaring the F-35 A-model ready for initial combat use by August to December 2016. He said the Air Force had found a way to maintain its initial detachment of operational F-35s despite a shortage of...» Read More
The Department of Justice says an investigation into the NSA leaks is underway, reports CNBC's Eamon Javers. CNBC's Herb Greenberg, provides perspective on Booz Allen Hamilton's competitors.
Booz Allen Hamilton is deeply intertwined with the intelligence community, reports CNBC's Eamon Javers. A look at just how much the intelligence community outsources to private companies.
As American defense companies prepare to feel the ill effects of the sequester on their bottom lines, the companies are increasingly looking to court new customers abroad.
Warnings of massive job layoffs and another recession were all the talk when sequestration began in March. But so far the impact of government cutbacks seems a lot less than was predicted.
Of the Dow 30 companies, only Boeing and United Technologies are strongly in defense, but they're hardly pure plays, reports CNBC's Jane Wells.
Cai Von Rumohr, Cowen and Company analyst, talks about what investors should consider before buying stock in the defense sector.
CNBC's Rick Santelli talks with Bill Frezza, Huffington Post columnist, about why Republicans should back a plan to cut defense spending.
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.
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.
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 use of lithium ion batteries on Dreamliner jets, with CNBC's Phil LeBeau. Mary Schiavo, aviation attorney, weighs in.
CNBC's Jane Wells explains what areas of defense remain vulnerable.
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.
The Pentagon is getting ready to lay off hundreds of thousands of employees, with CNBC's Hampton Pearson.
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 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.
Howard Rubel, Jefferies analyst, provides insight on how to play the defense sector.
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.
Dawne Hickton, RTI International Metals, and Howard Dean, former Democratic National Committee chairman, debate the pros and cons of going over the "fiscal cliffs."
Read ahead to see the most expensive U.S. military programs currently under way.