*JetBlue to ink pact to continue the service after the sale. *JetBlue shares rise 2.9 pct before the bell. March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense company Thales Group for $400 million as it looks to cut costs.» Read More
Holders of U.S. defense stocks expressed relief that the budget spares most big arms firms. But not everybody wins.
F-35 JOINT STRIKE FIGHTER The Pentagon said it remained strongly committed to the Lockheed Martin Corp F-35 fighter jet program, which includes an engine built by Pratt& Whitney, a unit of United Technologies Corp. Northrop Grumman Corp and Britain's BAE Systems Plc also provide significant components for the aircraft.
The U.S. government plans to shrink the Army in a new spending proposal. It would be the smallest force since before the Second World War.
HUNTSVILLE, Alabama, Feb 21- The Pentagon is committed to early design work on a new aircraft that will replace thousands of helicopters now used by the U.S. military, its first "clean sheet design" program in years, the Army official heading the effort said on Friday.
Feb 21- U.S. aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities.
Peer Blackstone Group LP reported an 11.5 percent rise in the same quarter, Apollo Global Management reported a 9 percent rise and KKR& Co LP reported an 8.4 percent rise.
LONDON, Feb 19- British defence contractor BAE Systems has finally agreed pricing with Saudi Arabia on its long-delayed Eurofighter Typhoon jet deal with the Gulf state, potentially leading to more contracts across the region.
*MAS waiting for govt approval to order up to 100 aircraft from Boeing, Airbus. SINGAPORE, Feb 19- Loss-making Malaysia Airlines is waiting for government approval to place a multi-billion dollar order for up to 100 Airbus and Boeing passenger aircraft, two people familiar with the negotiations told Reuters, a move aimed at boosting its profitability.
CNBC's Jane Wells reports on inflatable space habitats for the 17 rocket companies now at the Mohave Air and Space Port.
BOSTON, Feb 18- French aerospace engine maker Snecma, a unit of Safran, was attacked by hackers who exploited a vulnerability in Microsoft Corp's Internet Explorer, according to a computer security researcher.
CNBC's Jon Fortt and Jane Wells run down today's hot topics, including space travel, e-cigarette promotion in the U.K. and the maker of "Candy Crush" files for an IPO.
CNBC's Jane Wells reports on the endeavors of Robert Bigalow, Bigalow Aerospace founder, who is making a major investment in the future of space travel and habitation.
It marks a departure from the large-scale outsourcing to overseas suppliers that caused significant delay on Boeing's 787 jet. In announcing the move, Boeing reaffirmed that it plans to deliver the first of the new fuel-efficient jetliners in 2020. Last year, the company had indicated that it was aiming for around the end of the decade.
Boeing will build the new composite wings for its 777X in a facility in Everett, Washington, reports CNBC's Phil LeBeau.
CNBC's Jane Wells reports from the Mojave Spaceport in California, where Virgin Galactic had a third powered test of the craft which will carry passengers to the edge of the atmosphere. A rare peak inside Bigelow Aerospace in Las Vegas.
Orders worth $20 billion are up for grabs in the competition between Pratt& Whitney and CFM International. In contrast, CFM, a joint venture between General Electric Co and Safran, has supplied the dominant engine on narrow-body, single-aisle planes, which are the best-selling Boeing Co and Airbus Group models.
TORONTO, Feb 13- Bombardier Inc reported a quarterly profit that fell well short of expectations on Thursday and cut its 2014 earnings forecast as it spends heavily on developing its new CSeries jetliner, news that spurred downgrades of its credit rating and pushed its shares sharply lower.
Feb 13- Canadian plane and train maker Bombardier Inc reported a lower-than-expected quarterly profit due to a fall in gross margin and forecast a slowdown in revenue growth at its rail unit this year. Bombardier reported net income of $97 million, or 5 cents per share, for the quarter ended Dec. 31.
SINGAPORE, Feb 12- The star attraction at Asia's biggest arms and aerospace bazaar is an outwardly unassuming aircraft parked in a distant corner of the tarmac, past the sleek jet fighters and menacing attack helicopters.
If we're picking the most influential leaders of the past 25 years, we have to include Boeing CEO Jim McNerney, says CNBC's Phil LeBeau.
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.