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Defense Contractors

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  • 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

    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.

  • 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.

  • Pentagon cuts, but it's still not enough: Analysis Monday, 16 Sep 2013 | 10:52 AM ET
    The USS Arlington, front, and USS San Diego at Ingalls Shipbuilding yard, a division of Huntington Ingalls Industries, in Pascagoula, Miss.

    Big spending cuts by the Pentagon may not be enough to meet the reductions mandated by the sequestration.

  • Tomahawks may fly, but Raytheon shares not soaring Monday, 9 Sep 2013 | 2:09 PM ET
    A Tomahawk missile

    One of the few things defense experts agree on about Syria is that any military strike will involve Tomahawk cruise missiles made by Raytheon.

  • Obama weighs up options after Syria gas attack Saturday, 24 Aug 2013 | 11:00 PM ET

    U.S. military and national security advisers huddled with President Barack Obama at the White House on Saturday to consider options for responding to the alleged use of chemical weapons by the Syrian government this week.

  • Egyptian bloodshed leaves Lockheed F-16s in limbo Monday, 19 Aug 2013 | 10:46 AM ET
    File photo of an F-16 Fighting Falcon.

    Bloodshed on the streets of Egypt is delaying completion of a lucrative deal to sell Lockheed Martin F-16s to the troubled U.S. ally.

  • Defense stocks on a roll     Monday, 12 Aug 2013 | 8:22 AM ET

    Despite sequestration concerns, the defense industry has developed strategies which are attracting some investors. Carter Copeland, Barclays analyst, has the plays.

  • Defense contractor stocks overextended: Technician Thursday, 8 Aug 2013 | 6:28 PM ET

    The upward momentum in defense contractor stocks, and two names in particular, may have run out, Carter Braxton Worth of Oppenheimer says.

  • Sequester impact showing     Friday, 2 Aug 2013 | 1:07 PM ET

    CNBC's Hampton Pearson reports on signs showing the sequester is having an impact on private sector defense jobs. Sources saw a slowdown in defense job growth beginning in the Spring.

  • Lockheed Martin reports 10% profit jump     Tuesday, 23 Jul 2013 | 1:28 PM ET

    Lockheed Martin shares hit a new 52-week high, reports CNBC's Jane Wells. The sequester is not impacting the defense contractor's cash cow.

  • Leaks Pose a Big Financial Risk for Booz Allen Tuesday, 11 Jun 2013 | 5:58 PM ET
    Former National Intelligence Director John McConnell, testifying before the Senate in 2007, is vice chairman of Booz Allen Hamilton.

    When Edward Snowden leaked details of a huge government surveillance programs, it presented not just a security debate for the U.S., but a public relations problem for Booz Allen.

  • Snowden Steps Out     Monday, 10 Jun 2013 | 2:10 PM ET

    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.

  • The Beltway Spy Biz     Monday, 10 Jun 2013 | 1:14 PM ET

    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.

  • US Defense Companies Go On Overseas Offensive Wednesday, 15 May 2013 | 1:59 PM ET
    A United States Army missile defense system.

    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.

  • So Where's the Pain From Sequester Cuts? Friday, 5 Apr 2013 | 5:09 PM ET

    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.