GO
Loading...

Aerospace & Defense

More

  • Oct 17- Honeywell International Inc, a maker of aircraft cockpit parts and other electronic equipment, reported a better-than-expected third-quarter profit, helped partly by higher margins in its aerospace business. Honeywell has been able to perform well this year despite a sluggish global economy, mainly due to its focus on controlling costs.

  • Airbus receives biggest ever aircraft order Wednesday, 15 Oct 2014 | 1:41 PM ET

    PARIS— Indian budget airline IndiGo has signed a preliminary order with Airbus for 250 A320neo Family aircraft. Airbus said on Wednesday that the memorandum of understanding with IndiGo, India's largest domestic airline, will become Airbus' single largest order- ever- by number of aircraft. Airbus President and CEO Fabrice Bregier said it builds on "the...

  • *Order would be Airbus's largest by number of planes. NEW DELHI/ PARIS, Oct 15- Indian budget carrier IndiGo has agreed to buy 250 single-aisle A320neo aircraft from Airbus SA, the companies said on Wednesday, potentially marking the largest number of jets ever sold by the European planemaker in a single order. IndiGo has a fleet of 83 Airbus A320s and has ordered or...

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and signed agreements for orders of up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the 16- seater G450, the...

  • WASHINGTON, Oct 14- Two Americans shot in Saudi Arabia were employees of U.S. defense contractor Vinnell Arabia, a senior State Department official said on Tuesday. One employee was killed and the other slightly injured after being shot at a gas station near the Vinnell Arabia base in Riyadh, about 20 miles from the U.S. embassy, the official said on condition of...

  • CITIZENS SHOT IN SAUDI ARABIA WERE EMPLOYEES OF U.S.

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and received orders for up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the G450, the G500 and G650,...

  • Oct 13- General Dynamics Corp's Gulfstream Aerospace Corp unit is expected to unveil a new business jet on Tuesday, the Wall Street Journal reported, citing people familiar with the company's plans. Gulfstream hasn't acknowledged it will unveil its latest jet this week, with a nondescript invitation for media and analysts to its Tuesday announcement, the...

  • Boeing announces Garuda order for 50 planes Sunday, 12 Oct 2014 | 4:03 PM ET

    Boeing said Sunday that Garuda will buy 46 of its 737 Max 8 aircraft and convert orders for four other 737 s to the Max 8. The plane is designed to be more fuel-efficient than current models of the single-aisle jet. Boeing and rival Airbus have huge backlogs of commercial jet orders as airlines dealing with high fuel prices order more efficient planes.

  • MELBOURNE, Fla., Oct 9- Brazilian aircraft manufacturer Embraer broke ground on a new assembly plant in the central Florida city of Melbourne on Thursday, more than doubling its industrial footprint in an area hard-hit by the retirement of NASA's space shuttles three years ago. Embraer also plans to assemble its new Legacy 500 and Legacy 450 aircraft in...

  • *Case revolved around 560 mln euro deal with India. BUSTO ARSIZIO, Italy, Oct 9- An Italian court sentenced former Finmeccanica Chairman and CEO Giuseppe Orsi to two years in jail for falsifying invoices in a corruption case linked to an Indian deal, but cleared him of more serious corruption charges. The trial revolved around a 560 million euro contract awarded to...

  • BUSTO ARSIZIO, Italy, Oct 9- An Italian court sentenced former Finmeccanica Chairman and CEO Giuseppe Orsi to two years in jail for falsifying invoices in a corruption case linked to an Indian deal, but cleared him of more serious corruption charges. The trial near Milan revolved around a 560 million euro contract awarded to Finmeccanica's AgustaWestland...

  • Alcoa 3Q boosted by higher aluminum prices Wednesday, 8 Oct 2014 | 4:30 PM ET

    DALLAS— Alcoa Inc. said Wednesday that third-quarter income soared as higher aluminum prices and lower costs for raw materials boosted its core primary-metals business. Alcoa has been pivoting from its traditional role of mining and smelting aluminum to become a more diversified maker of lightweight metal and alloy products for aerospace, autos and other...

  • Judge rules for Boeing in whistleblower lawsuit Wednesday, 8 Oct 2014 | 2:04 PM ET

    WICHITA, Kan.— Three former workers at the Boeing plant in Wichita who filed a whistleblower lawsuit against the aircraft maker and one of its suppliers failed to show Boeing defrauded the U.S. government in a $1.6 billion contract, a federal judge ruled Wednesday. District Judge Monti Belot summarily ruled in favor of Boeing and California- based supplier...

  • Air France puts cost of pilots strike at $600M Wednesday, 8 Oct 2014 | 3:33 AM ET

    Air France put the total cost of last month's two-week pilots strike at 500 million euros ($632 million) on Wednesday.

  • Company wins new contracts despite federal probe Wednesday, 8 Oct 2014 | 12:06 AM ET

    Tilton is the founder of the private equity firm Patriarch Partners, which owns MD Helicopters of Mesa, Arizona, and dozens of other companies. The Justice Department inquiry is focused on Tilton's hiring of a former Army officer who allegedly steered millions of dollars in contracts to MD Helicopters while the pair negotiated his future employment.

  • WASHINGTON, Oct 6- Raytheon Co beat out Lockheed Martin Corp and Northrop Grumman Corp for a contract to build a next-generation long-range radar system for the U.S. Air Force, the U.S. Defense Department said on Monday. The award marks another significant win for Raytheon in the radar market, a deal valued at around $1 billion, and kicks off the next phase of a...

  • Airbus insider trading trial opens in France Friday, 3 Oct 2014 | 9:33 AM ET
    British Airways new Airbus A380 aircraft.

    A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group got under way on Friday.

  • Oct 2- United Technologies Corp's Pratt& Whitney unit on Thursday named a new head of its commercial engines division in the midst of a crucial launch of a commercial jet engine. He replaces David Brantner, who was named to the commercial engine leadership post in June 2013. The engine is offered on Airbus' A320neo narrow-body plane, which had its maiden flight last...

  • Vietnam to US: Sell us some weapons, please Thursday, 2 Oct 2014 | 2:50 PM ET
    P-3 Orion aircraft

    The U.S. lifted an arms embargo against its old enemy. But that doesn't mean U.S.-made weapons will sell there.

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.