Aerospace & Defense


  • Ohio college building indoor drone pavilion Saturday, 22 Nov 2014 | 1:37 PM ET

    Sinclair Community College officials say the 40- foot high pavilion resembling a traditional aircraft hangar will be built adjacent to a building in Dayton that houses some of its education and training programs in unmanned aerial systems and aviation. The indoor pavilion will allow students to fly drones without having to deal with weather issues or...

  • Boeing welcomes Japan decision to buy V-22s Friday, 21 Nov 2014 | 8:49 PM ET

    WASHINGTON, Nov 21- Boeing Co on Friday welcomed a decision by Japan to buy V-22 Osprey tilt-rotor aircraft that it builds together with Bell Helicopter, a unit of Textron Inc.. "The Bell Boeing team is honored the Japanese Ministry of Defense has selected the V-22 Osprey to support its operational requirements, and we'll continue to work with the U.S. government...

  • WASHINGTON, Nov 21- The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch. The Pentagon's F-35 program office said the deal includes 29 jets for the United States and 14...

  • Lockheed Martin wants to use its unmanned helicopter--the K-Max--as a firefighting tool. Check out the drone in action in video courtesy of Lockheed.

  • OTTAWA, Nov 19- U.S. aerospace giant Boeing Co is frustrated by Canada's decision to extend the life of its aging fleet of fighter jets, a move that will delay a decision on buying replacements, a company official said on Wednesday. The comments were a rare public expression of unhappiness by Boeing about the way Canada is conducting the process to buy new fighters.

  • US Air Force cleared to purchase civilian jet fuel Wednesday, 19 Nov 2014 | 2:16 PM ET
    A KC-135 Stratotanker from Fairchild Air Force Base, Wash., refuels a B-1B Lancer during a training exercise Sept. 23, 2014, over South Dakota.

    The US Air Force just completed an initiative to convert all of its bases from military-specific grade jet fuel to a civilian grade.

  • EL SEGUNDO, Calif., Nov 18- Boeing Co said this week it is reevaluating its cybersecurity business and could divest or reassign some units as it focuses more on a few critical areas, including classified work it is doing for some U.S. government agencies. Boeing, the Pentagon's No. 2 supplier and the world's largest aerospace company, bought a handful of...

  • SEATTLE, Nov 18- Airbus is aiming to deliver the first A350 jetliner around Dec. 12, with customer Qatar Airways being the first recipient, a representative of the airline said on Tuesday. The A350, Airbus' newest plane and made with carbon-fiber composite fuselage, is a direct competitor to Boeing's composite 787 Dreamliner. Airbus has booked 750 orders for the...

  • Space junk or Russian satellite killer? Tuesday, 18 Nov 2014 | 10:23 AM ET
    File photo of a Russian booster rocket at a launching pad of the Plesetsk Cosmodrome.

    The Russian military has launched a mysterious object that Western space agencies are monitoring for signs of destructive intent. FT reports.

  • The 0.01% vs. the 1% wealth gap grows Monday, 17 Nov 2014 | 4:22 PM ET
    Attendees stand near a Bombardier Global 6000 jet during the China International Aviation & Aerospace Exhibition in Guangdong province, China, Nov. 12, 2014.

    The wealthy have their own wealth gap, as gains become concentrated at the very top, Robert Frank writes for The New York Times.

  • Airbus applies to patent 'flying saucer' plane Monday, 17 Nov 2014 | 6:30 AM ET
    The Airbus patent design

    Airbus is hoping to patent a new plane that looks more like a doughnut or flying saucer than the usual passenger plane.

  • PARIS, Nov 14- Airbus Group reported a stronger-than-expected 12 percent rise in nine-month underlying operating profit on Friday, led by its planemaking and helicopter divisions, and reaffirmed its profit forecasts for the year. Airbus said it had run into delays in enhancing the military capabilities of the A400M and that a clause allowing buyers to cancel...

  • Airplane for rent: Sorry flying is not allowed! Thursday, 13 Nov 2014 | 4:49 PM ET

    KLM is partnering with Airbnb for a contest to win the chance to spend a night in an "aircraft loft" in Amsterdam.

  • WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...

  • Door falls off Bono's jet in flight Thursday, 13 Nov 2014 | 9:32 AM ET
    U2 lead singer Bono speaks during the 2014 Web Summit at the RDS in Dublin, Nov. 6, 2014.

    A rear door fell off Bono's private plane, a Learjet 60, while the plane was landing in Germany, USA Today reports.

  • 'We are on the comet': European Space Agency     Wednesday, 12 Nov 2014 | 12:00 PM ET

    The European Space Agency made history Wednesday when it landed a robotic probe on a comet. Watch the ESA control room react to the good news.

  • 'We are on the comet': Euro agency confirms landing Wednesday, 12 Nov 2014 | 11:48 AM ET
    In this Feb. 17, 2014, conceptual illustration provided by the European Space Agency, the Philae lander is pictured descending onto the 67P/Churyumov-Gerasimenko comet.

    It's the first time a man-made object had ever touched down on a comet.

  • Philae probe lands on comet     Wednesday, 12 Nov 2014 | 11:27 AM ET

    The ESA's Philae probe has landed on the surface of a comet, reports CNBC's Carl Quintanilla.

  • *Costs are nearly $2 billion for 6.4 bln km journey. BERLIN/ FRANKFURT, Nov 12- The European Space Agency landed a probe on a comet on Wednesday, a first in space exploration and the climax of a decade-long mission to get samples from what are the remnants of the birth of Earth's solar system. "We are ready to make science fiction a science fact," ESA director of human...

  • Virgin Galactic's impact on space race     Friday, 7 Nov 2014 | 2:22 PM ET

    NBC's Jane Wells provides the latest details on the crash of Virgin Galactic SpaceShipTwo spacecraft .

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.