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Secretary of State John Kerry hailed on Wednesday what U.S. officials said was an estimated $2.1 billion deal for Oman to buy a ground-based air defence system from U.S. defense contractor Raytheon Co..
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Secretary of State John Kerry hailed on Wednesday what U.S. officials said was an estimated $2.1 billion deal for Oman to buy a ground-based air defence system from U.S. defense contractor Raytheon Co..
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CNBC's Tom MacKenzie reports on the appointment of the first ever British astronaut, Major Tim Peake, selected from over 8,000 applicants for a five-month mission in 2015.
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The space business in the United Kingdom is growing fast - The country's first official astronaut has been picked for a stint on the International Space Station. Tom Mackenzie reports.
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FALLS CHURCH, Va.-- Defense contractor Northrop Grumman Corp. said Thursday that its board approved the repurchase of another $4 billion in stock, and it plans to buy back a quarter of its outstanding shares by the end of 2015.. Northrop Grumman had 235.2 million shares as of April 19.
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Shares of Zynga Inc. and Groupon Inc. jumped Wednesday after activist shareholder Jana Partners disclosed that it has claimed a stake in both. THE BIG PICTURE: Zynga and Groupon have struggled with changing business models since going public less than 2 years ago, and their stock price has suffered, making the potential for change more appealing to investors.
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Following the Dreamliner's grounding on safety issues, the delivery of the first jet with a new battery system marks a turning point in Boeing's 787 crisis.
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The FAA on Friday canceled budget-driven plans to close 149 air traffic control towers at smaller U.S. airports.
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Albaugh, 62, retired from Boeing in October. In a 37- year career there, he also headed Boeing's defense and space businesses before moving to commercial airplanes.
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*Adjusted net income $156 mln vs $150 mln year earlier. *Free cash flow usage $590 mln vs $695 mln a year earlier. May 9- Bombardier Inc said its CSeries jetliner was on track to make its first flight in June, and the world's No. 4 commercial aircraft maker reported a 25 percent jump in first-quarter revenue on robust growth at its aerospace unit.
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*Adjusted net income $156 mln vs $150 mln year earlier. May 9- Bombardier Inc said on Thursday its CSeries jetliner was on track to make its first flight in June, and the world's No. 4 commercial aircraft maker reported a 4 percent rise in first-quarter adjusted profit.
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May 9- Bombardier Inc, the world's No. 4 commercial aircraft maker, said on Thursday its CSeries jetliner was on track to make its first flight in June, and reported a 4 percent rise in first-quarter adjusted profit.
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*Army decision closely watched by industry. Industry executives say they hope to hear more in June or July, but their hopes for a new acquisition program- one of few on the horizon- have dimmed given disparaging comments by top Army officials in recent weeks about flight demonstrations of some possible "off-the-shelf" helicopters last year.
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LONDON, May 8- Airbus has started painting the A350, a sign it is approaching a maiden flight, but has bowed to the industry's increasingly pragmatic mood by deciding against a traditional "rollout" for its newest jet.
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WASHINGTON, May 7- Deputy Defense Secretary Ashton Carter on Tuesday said the U.S. military had launched a "long overdue" effort to safeguard U.S. national security satellites and develop ways to counter the space capabilities of potential adversaries.
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*Prime minister convinced defence minister to change mind* Ministries to be blocked until government quits- gunmen* Law banning ex-Gaddafi officials could cripple government By Ghaith Shennib and Jessica Donati.
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May 7- FLYHT Aerospace Solutions Ltd:. *Q1 revenue rose 54 percent to $1.7 million. *Source text for Eikon* Further company coverage.
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*Army chief could also resign on Tuesday- PM source. TRIPOLI, May 7- Libya's defence minister resigned on Tuesday in protest at a siege by gunmen of two government ministries, a stark sign of the young democracy's weakness two years after the revolution that overthrew dictator Muammar Gaddafi.
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ISTANBUL, May 7- Turkish defence and electronics company Aselsan will supply parts and software for Sikorsky BlackHawk military helicopters in a deal that will guarantee the company around $100 million in orders annually for the next five to six years.
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*Israelis hit air defences overlooking Damascus. Around Damascus the warplanes staged a series of raids in the early hours of Sunday including on President Bashar al-Assad's air defences, opposition and rebel sources said.
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TRIPOLI, May 7- Libya's defence minister resigned on Tuesday in protest at a siege by gunmen of two government ministries that he denounced as an assault on democracy almost two years after the fall of dictator Muammar Gaddafi.
Defense Contractors
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*Pentagon, Lockheed said nearing deal for more jets. NEW YORK, Nov 29- The U.S. Air Force affirmed on Thursday its plans to buy 1,763 F-35 fighter jets built by Lockheed Martin Corp in coming years, as Lockheed and the government neared agreement on a multi-billion dollar contract for a fifth batch of planes.
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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.
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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.