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Aerospace & Defense

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  • Cramer: Why you need to get bullish on this sector Wednesday, 23 Apr 2014 | 10:06 AM ET
    A nearly completed Boeing 777 reaches the end of a production line at the company's facility in Everett, Washington.

    Investors need to get bullish on the aerospace industry as "the strongest part of the world economy," CNBC's Jim Cramer says.

  • Book a room at the Four Seasons private jet Wednesday, 23 Apr 2014 | 9:32 AM ET

    Four Seasons has a new weapon in the luxury travel wars: its own Boeing 757.

  • Cramer: Why you want to bet on aerospace     Wednesday, 23 Apr 2014 | 9:02 AM ET

    The airlines are flush with cash, and that means good things for the aerospace industry, CNBC's Jim Cramer said on Wednesday.

  • Ovation guitar factory in Connecticut is closing Wednesday, 23 Apr 2014 | 7:48 AM ET

    HARTFORD, Conn.— An Ovation guitar factory in the western Connecticut hills that produced instruments for music legends from Paul Simon to Cat Stevens to Glen Campbell will be closing in June after 47 years and production of the Ovation line in the United States will stop, the manufacturer's parent company told the shop's 46 workers this week.

  • PARIS, April 23- France's Safran posted a 3.3 percent rise in first-quarter revenue and confirmed its outlook for 2014 despite industry concerns over the strength of the euro, but its shares dropped amid worries over the key services market.

  • SYDNEY/ WASHINGTON, April 23- Australia will order 58 more F-35 fighter jets built by Lockheed Martin Corp for A $12.4 billion, Prime Minister Tony Abbott said on Wednesday, a purchase that will raise its air combat power to among the world's most advanced.

  • SYDNEY/ WASHINGTON, April 23- Australia will announce plans on Wednesday to order 58 more F-35 fighter jets built by Lockheed Martin Corp for A $12 billion, sources in Washington and Canberra told Reuters.

  • Teen stowaway just climbed over airport fence Tuesday, 22 Apr 2014 | 11:15 AM ET
    A 15-year-old boy on Sunday scrambled over an airport fence, crossed a tarmac and climbed into a jetliner's wheel well, then flew for five freezing hours to Hawaii on a misadventure that forced authorities to take a hard look at the security system that protects the nation's airline fleet.

    Surveillance video at two airports shows how a teenaged boy managed to stow away in the wheel well of a flight from California to Hawaii. NBC News.

  • Boeing to give California workers $47M in back pay Friday, 18 Apr 2014 | 9:30 PM ET

    PALMDALE, Calif.— Boeing Co. will pay $47 million to hundreds of current and former Southern California employees who are owed back pay and benefits, a union announced Friday.

  • General Electric predicts healthy China growth Friday, 18 Apr 2014 | 12:03 PM ET

    General Electric expects healthy growth in China this year, despite mounting concerns about the economy, its CFO said.

  • California cross-border airport clears key hurdle Thursday, 17 Apr 2014 | 10:16 PM ET

    SAN DIEGO— U.S. Customs and Border Protection said Thursday that it has reached agreement with an investor group to clear the way for construction of the nation's first cross-border airport terminal connecting San Diego and Tijuana, Mexico.

  • 4th US Navy official charged in bribery scheme Thursday, 17 Apr 2014 | 7:49 PM ET

    SAN DIEGO— A fourth member of the U.S. Navy has been charged with conspiracy to commit bribery in a multimillion-dollar scheme involving a Singapore- based defense contractor accused of providing cash, vacations, electronics and prostitutes in exchange for classified information.

  • WASHINGTON, April 17- The Pentagon on Thursday forecast the cost of developing and buying Lockheed Martin Corp's F-35 fighter jet at $398.6 billion, up 2 percent from last year, but said the projected cost to operate and maintain the jets was down about 9 percent.

  • Mubadala posts strong profits for Abu Dhabi Thursday, 17 Apr 2014 | 10:28 AM ET

    DUBAI, United Arab Emirates— Abu Dhabi's Mubadala state investment company says profits last year tripled to roughly $395 million on the back of a strong performance from international investments. Mubadala's mandate is to diversify Abu Dhabi's oil-rich economy.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, U.S. and British officials said Wednesday.

  • SpaceX will try again Fri. to launch station cargo Wednesday, 16 Apr 2014 | 10:06 AM ET

    CAPE CANAVERAL, Fla.— SpaceX is shooting for another launch attempt Friday to deliver supplies to the International Space Station. NASA confirmed the launch date Wednesday, two days after a last-minute rocket leak delayed the mission. The prime computer has been working fine, but NASA wants to get a new backup installed outside the station as soon as possible.

  • Finmeccanica shares down on CEO change Tuesday, 15 Apr 2014 | 5:16 AM ET

    MILAN— Investors signaled concern Tuesday at a change of leadership at the scandal-plagued Finmeccanica defense contractor as part of sweeping management changes announced by Italian Premier Matteo Renzi at four strategic state-backed firms.

  • CAPE CANAVERAL, Fla., April 14- Privately owned Space Exploration Technologies canceled its planned cargo run to the International Space Station on Monday after a helium leak was found in its rocket's first stage, NASA said. The next opportunity for the Falcon 9 to fly is 3:25 p.m. on Friday if the problem can be resolved, NASA said in a statement.

  • KIEV/ MOSCOW, April 11- Russian President Vladimir Putin tried to ease European fears of gas supply cuts on Friday after Brussels said it would stand with the new authorities in Kiev if the Kremlin carries out a threat to turn off the tap to Ukraine.

  • Lockheed to begin building asteroid sampler for NASA Thursday, 10 Apr 2014 | 5:26 PM ET

    CAPE CANAVERAL, Fla., April 10- A NASA mission to pluck samples from a distant asteroid and return them to Earth passed a major technical review, clearing engineers to begin building the robotic spacecraft, officials said on Thursday.

Defense Contractors

  • The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.

  • A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.

  • CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.

Most Popular Video

Thursday, 24 Apr 2014 | 10:02 AM ET

It's a very strong quarter for Apple, but the competition is doing well also, says Alex Gauna, JMP Securities senior research analyst, discussing the tech giant's strong quarterly earnings and 7-for-1 stock split.

Thursday, 24 Apr 2014 | 8:30 AM ET

CNBC's Jeff Cox discusses the future of Wall Street as well as whether or not New York will remain the financial capital of the world.

Thursday, 24 Apr 2014 | 9:39 AM ET

CNBC's Bob Pisani looks ahead at what's likely to move in early morning trading, as earnings come flooding in.