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Aerospace & Defense

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  • CARACAS, March 18- Venezuela asked a World Bank tribunal on Wednesday to toss out an order that it pay Swiss airport operator Flughafen Zurich AG and a Chilean partner nearly $36 million for the government takeover of airport facilities they operated in the country a decade ago. He said the request was filed with the World Bank's International Center for...

  • PARIS/ SEATTLE, March 18- Planemakers Airbus and Boeing have stepped up pressure on French supplier Zodiac Aerospace over persistent delays in the delivery of aircraft seats that are disrupting jetliner assembly, industry sources said. Paris- based Zodiac has been wrestling for months with missed deadlines for seat production, which it blames on its...

  • PARIS/ SEATTLE, March 18- Planemakers Airbus and Boeing have stepped up pressure on French supplier Zodiac Aerospace over persistent delays in the delivery of aircraft seats that are disrupting jetliner assembly, industry sources said. Paris- based Zodiac has been wrestling for months with missed deadlines for seat production, which it blames on its...

  • UPDATE 1-Goldman Sachs BDC shares fall in market debut Wednesday, 18 Mar 2015 | 10:16 AM ET

    March 18- Shares of Goldman Sachs BDC Inc, the first business development company backed by an investment bank to go public in the United States, fell 2.5 percent in their market debut. Credit Suisse Group AG's Credit Suisse Park View BDC is looking to raise $500 million in a non-traded IPO this year, according to a filing. Goldman Sachs BDC's portfolio ranges from...

  • Solar Impulse can 'fly almost forever': Pilot   Wednesday, 18 Mar 2015 | 5:50 AM ET
    Solar Impulse can 'fly almost forever': Pilot

    Andre Borschberg, co-founder, CEO and pilot of Solar Impulse, talks to CNBC about how his flight is going so far, adding that the airplane is very sustainable in terms of energy and can last for a week or month nonstop.

  • Oil decline a $4.5B windfall for THIS airline: CEO Tuesday, 17 Mar 2015 | 9:51 AM ET
    The tail sections of American Airlines aircraft and a US Airways aircraft at the Dallas/Fort Worth International Airport.

    American Airlines benefits more than most airlines from the oil price drop because it's not locked into higher fuel costs, CEO Doug Parker tells CNBC.

  • One giant leap for...inflatable space houses Friday, 13 Mar 2015 | 12:26 PM ET
    Robert Bigelow, founder of Bigelow Aerospace.

    Robert Bigelow has spent $275 million of his own fortune researching, building, and testing expandable living areas for outer space.

  • Giant leap for private space travel   Friday, 13 Mar 2015 | 11:00 AM ET
    Giant leap for private space travel

    Bigelow Aerospace is preparing to ship an inflatable space habitat to be tested by NASA at the space station later this year. Robert Bigelow, NASA's William Gerstenmaier, and astronaut George Zamka describe the risks, and Bigelow's plans for the moon.

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • Why UTC may spin off Sikorsky copter unit: CEO Thursday, 12 Mar 2015 | 8:48 AM ET
    A Black Hawk S-70i helicopter, manufactured by United Technologies Corp.'s Sikorsky Aircraft unit

    Spinning off Sikorsky from UTC would give shareholders a choice between owning two businesses, CEO Gregory Hayes tells CNBC.

  • ISIS and Russia threaten—and NATO cuts spending Wednesday, 11 Mar 2015 | 6:14 PM ET
    An Italian sailor from the frigate "Alieso" removes a cover from a cannon in the Black Sea port of Varna, Bulgaria, March 9, 2015.

    NATO is more relevant now than it has been since the end of the Cold War with threats from both Russia and ISIS, but funding is an issue.

  • CAPE CANAVERAL, Fla., March 11- A beefed-up space shuttle solid rocket motor passed a two-minute test firing in Utah on Wednesday, a key milestone toward the debut flight of NASA's deep-space launcher in 2018, the U.S. space agency said. Anchored horizontally to a test stand in the desert in Promontory, Utah, the five-segment motor, built by Orbital ATK, ignited at...

  • The Navy's top uniformed officer told Reuters he expected to finalize the annual wish list for U.S. lawmakers this week so it can be reviewed by Navy Secretary Ray Mabus; the chairman of the Joint Chiefs of Staff; and Defense Secretary Ashton Carter. Greenert said the Navy faces a possible shortfall of two to three squadrons of strike fighters, or up to 36 airplanes,...

  • Billionaire teams up with NASA to mine the moon Tuesday, 10 Mar 2015 | 10:00 AM ET
    Tether Test MoonExpress

    Naveen Jain is planning to harvest resources from the moon. His MX-1 lunar lander is expected to blast off from Cape Canaveral in 2016.

  • NEW YORK, March 10- U.S. aerospace company Exelis Inc is close to unveiling a low-altitude surveillance system for drones, the latest sign of how a "highway in the sky" is likely to evolve. But the National Aeronautics and Space Administration is working with Exelis and other companies, universities and government agencies, to develop an air traffic management...

  • Alcoa acquires RTI Metals: CEO   Monday, 9 Mar 2015 | 9:43 AM ET
    Alcoa acquires RTI Metals: CEO

    Klaus Kleinfeld, Alcoa CEO, discusses his company's acquisition of the titanium supplier and its investment in aerospace.

  • Can Russia sustain its defense spending levels?   Monday, 9 Mar 2015 | 2:45 AM ET
    Can Russia sustain its defense spending levels?

    Ben Moores, senior defense and aviation analyst at IHS says Russia can probably sustain ramped-up defense spending levels for 18-24 months.

  • March 9- Drones, or unmanned aerial vehicles, are a hot ticket in Silicon Valley, but U.S. government dithering over regulations has given overseas companies a head-start in figuring out how best to exploit them. But for years, the Federal Aviation Administration, the authority largely responsible for regulation in the United States, has dragged its feet, only...

  • Robot vs robot: But will a US team win? Thursday, 5 Mar 2015 | 4:05 PM ET
    Team NimbRo Rescue from Germany will participate in the DARPA Robotics Challenge Finals.

    Robots will face off in a competition hosted by DARPA, a U.S. agency, but the government directly benefits only if a U.S. team wins.

  • Tilt-rotor goes commercial   Thursday, 5 Mar 2015 | 1:39 PM ET
    Tilt-rotor goes commercial

    A commercial version of the Pentagon's most controversial airplane may hit the market, reports CNBC's Jane Wells.

Defense Contractors

  • Troublesome Liaisons of the Business World

    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.

  • Petraeus Scandal Widens

    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.

  • Is the Defense Sector the New 'Girls Club?'

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