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Aerospace & Defense

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  • CAPE CANAVERAL, Fla., July 1- The launch of an unmanned Delta 2 rocket from Vandenberg Air Force Base in California was called off less than a minute before liftoff on Tuesday when the pad's water system failed, a live NASA Television broadcast showed.

  • NASA to launch global warming satellite after loss Monday, 30 Jun 2014 | 2:13 PM ET

    LOS ANGELES— Five years after a NASA satellite to track carbon dioxide plunged into the ocean after liftoff, the space agency is launching a carbon copy— this time on a different rocket.

  • LONDON, June 27- Copper slipped after hitting its highest in 3-1/ 2 months on Friday, spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening.

  • RPT-After 125 years, Alcoa looks beyond aluminum Friday, 27 Jun 2014 | 7:01 AM ET

    June 26- Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.

  • LONDON, June 27- Copper hit its highest in 3-1/ 2 months and was headed for a second straight weekly gain on Friday spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening.

  • The initial contract covers development and delivery of four Combat Rescue Helicopters based on the company's workhorse UH-60 Black Hawk, and caps nearly 15 years of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk rescue helicopters.

  • After 125 years, Alcoa looks beyond aluminum Thursday, 26 Jun 2014 | 6:39 PM ET

    June 26- Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.

  • The contract covers development and delivery of four new Combat Rescue Helicopters and caps over a decade of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk helicopters.

  • WASHINGTON, June 26- The U.S. Air Force is expected on Thursday to award Sikorsky Aircraft, a unit of United Technologies Corp, a contract worth about $1.3 billion to develop a new combat search and rescue helicopter based on the company's workhorse UH-60 Black Hawk, according to sources familiar with the deal.

  • Alcoa to buy jet engine component maker for $2.85B Thursday, 26 Jun 2014 | 10:31 AM ET
    Aluminum rods displaying the Alcoa Inc. logo

    Alcoa announced it plans to acquire jet engine component maker Firth Rixson from Oak Hill Capital Partners for $2.85 billion in cash and stock.

  • UPDATE 2-Alcoa to buy aerospace company Firth Rixson Thursday, 26 Jun 2014 | 9:34 AM ET

    June 26- Aluminum group Alcoa Inc expanded its aerospace business and took a step away from the light metal on Thursday, announcing a $2.85 billion deal to buy a company that makes jet engine parts, largely out of nickel-based alloys and titanium.

  • Alcoa's aerospace buy     Thursday, 26 Jun 2014 | 9:11 AM ET

    Alcoa is buying jet engine components maker Firth Rixon for $2.85 billion in cash and stock. The "Squawk on the Street" crew breaks down the deal.

  • Alcoa buys Firth Rixson for $2.8B     Thursday, 26 Jun 2014 | 7:03 AM ET

    With this acquisition we are adding 20 percent to our aerospace business, says Klaus Kleinfeld, Alcoa chairman & CEO, discussing his company's rapid expansion into the aerospace space.

  • Etihad agrees to buy 49% of Alitalia Wednesday, 25 Jun 2014 | 6:13 AM ET

    Etihad Airways said on Wednesday that it had agreed principal terms and conditions to buy a 49 percent equity stake in Italy's Alitalia.

  • WASHINGTON, June 24- Sunday's successful intercept test of the U.S. missile defense system will allow the Pentagon's Missile Defense Agency to buy 14 more ground-based interceptors as planned, the Defense Department's top financial official told Reuters on Tuesday.

  • Why are space companies flocking to Colorado? Tuesday, 24 Jun 2014 | 4:45 PM ET
    The annual National Space Symposium in Colorado Springs, Colorado

    Colorado is trying to outbid rival states like Florida and New Mexico for a bigger slice of the commercial aerospace industry pie.

  • WASHINGTON, June 23- Raytheon Co on Monday said it expects to soon resume production of an updated warhead, or "kill vehicle," used for U.S. homeland missile defense after the system successfully intercepted a dummy target over the Pacific.

  • Ground-Based Midcourse Defense weapons system designed to destroy incoming ballistic missiles launched by North Korea or Iran. The Pentagon's Missile Defense Agency has 30 ground-based interceptors at military bases in California and Alaska.

  • WASHINGTON, June 20- The Pentagon is restructuring a $3.48 billion contract with Boeing Co for management of the troubled U.S. homeland missile defense program, said two sources familiar with the situation.

  • Drone test flights starting in Texas -FAA Friday, 20 Jun 2014 | 1:36 PM ET

    WASHINGTON, June 20- The fourth of six U.S. test sites chosen to perform research on unmanned aircraft systems, or drones, has started operations in Texas to study weather patterns, among other things, the U.S. Federal Aviation Administration said on Friday.

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.