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Aerospace & Defense

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  • Under pressure, Lockheed opens up about secret unit Wednesday, 10 Dec 2014 | 8:32 AM ET

    Lockheed Martin, the Pentagon's No. 1 weapons supplier, has rarely felt the need to blow its horn about its secrecy-shrouded crown jewel - until now.

  • PALMDALE, Calif., Dec 10- Lockheed Martin Corp's Skunk Works was the driving force behind development of many well-known U.S. military aircraft, including the famed "Blackbird" or SR-71 spy plane that could fly from New York to Los Angeles in just over an hour. *While focused mainly on aircraft, it has developed other weapons, including the Joint Air- to-Surface...

  • Air base prepares in case F-35 can't take hot fuel Tuesday, 9 Dec 2014 | 5:55 PM ET
    Lockheed Martin and 33rd Fighter Wing maintainers work with 96th Fuels Flight Airmen during a dual hot pit session at Eglin Air Force Base, Fla.

    In the long bumpy road toward the F-35 fighter's deployment, nothing may be stranger than the story about hot fuel.

  • Charges in theft of US military aircraft documents Tuesday, 9 Dec 2014 | 2:51 PM ET

    BRIDGEPORT, Conn.— An engineer who worked for a defense contractor has been charged with attempting to travel to China with stolen documents on the development of advanced titanium for U.S. military aircraft, federal prosecutors said Tuesday. He was arrested Nov. 7 at an Ithaca, New York, home, two days after he allegedly attempted to fly to China from Newark, New...

  • Boeing to cut 747-8 production; cargo market slows Tuesday, 9 Dec 2014 | 1:07 PM ET

    Boeing said on Tuesday it will cut production of its iconic 747-8 jumbo jet to 1.3 planes per month from 1.5 per month, starting in September 2015.

  • United Technologies appoints new CFO Tuesday, 9 Dec 2014 | 7:41 AM ET

    HARTFORD, Conn.— United Technologies is bringing back a longtime executive to serve as chief financial officer. The 53- year-old Johri was CFO of Pall Corp. But he had been with United Technologies for 26 years before that, serving in various executive positions. United Technologies Corp., based in Hartford, Connecticut, is the parent company of jet engine...

  • John Strickland, director of JLS Consulting, says that because of airline hedging policies, the cheaper oil price will not filter through to passengers.

  • Board to ex-UTX CEO: Stop jetsetting, do your job! Saturday, 6 Dec 2014 | 2:41 PM ET
    United Technologies

    The abrupt retirement of United Technologies' CEO was in part due to growing concerns over his private interests, The Wall Street Journal reported.

  • UPDATE 4-New NASA spaceship nails debut test flight Friday, 5 Dec 2014 | 3:17 PM ET

    CAPE CANAVERAL, Fla. Dec 5- A U.S. spaceship designed to one day fly astronauts to Mars made a near-bullseye splashdown in the Pacific Ocean on Friday, wrapping up a flawless, unmanned debut test flight around Earth. The point of the flight, which cost NASA about $375 million, was to verify that Orion's 16.5- foot diameter heat shield, parachutes, avionics and other...

  • Orion's epic launch: By the numbers  Friday, 5 Dec 2014 | 3:00 PM ET

    NASA launched its Orion space capsule on Friday in an unmanned flight that orbited the Earth twice. The spacecraft could bring humans back to the moon, and potentially Mars.

  • The point of the test flight, which cost NASA about $375 million, was to verify that Orion's 16.5- foot diameter heat shield, parachutes, avionics and other equipment would work as designed prior to astronauts flying aboard. NASA has been developing Orion, along with a new heavy-lift rocket, for more than eight years. NASA has spent more than $9 billion developing...

  • Rocket blasts off to put Orion capsule into orbit Friday, 5 Dec 2014 | 8:19 AM ET
    The United Launch Alliance Delta 4 rocket carrying NASA's first Orion deep space exploration craft is seen at Cape Canaveral Air Force Station's Space Launch Complex 37, Dec. 3, 2014 in Cape Canaveral, Fla.

    A U.S. spaceship designed to one day fly astronauts toMars blasted off on Friday for an unmanned trial run around Earth.

  • A Delta 4 Heavy rocket, currently the biggest booster in the U.S. fleet, lifted off at 7:05 a.m. EST from Cape Canaveral Air Force Station in Florida. United Launch Alliance, a partnership of Lockheed Martin Corp and Boeing Co that builds and flies the rocket, delayed launch by one day to resolve a problem with sluggish values in the rocket's first-stage...

  • Obama to announce Ash Carter for defense chief Friday, 5 Dec 2014 | 6:29 AM ET
    Ashton 'Ash' Carter, in black at left, plans to step down as United States deputy secretary of defense.

    President Obama will announce his choice of former Pentagon official Ash Carter to be his next secretary of defense on Friday, the White House said.

  • Orion hopes to launch Friday—if rocket works Thursday, 4 Dec 2014 | 1:52 PM ET
    The United Launch Alliance Delta 4 rocket carrying NASA's first Orion deep space exploration craft is seen at Cape Canaveral Air Force Station's Space Launch Complex 37, Dec. 3, 2014 in Cape Canaveral, Fla.

    Thursday's planned maiden voyage was scrubbed after delays caused booster rocket fuel valves to get cold and sluggish.

  • Glitch delays NASA Orion capsule launch Thursday, 4 Dec 2014 | 11:32 AM ET
    The United Launch Alliance Delta 4 rocket carrying NASA's first Orion deep space exploration craft at Cape Canaveral Air Force Station's Space Launch Complex 37, Dec. 3, 2014.

    The launch of NASA's Orion capsule on a test flight around Earth was delayed after a last-minute technical problem with its rocket.

  • What's next for Orion mission  Thursday, 4 Dec 2014 | 10:53 AM ET

    After NASA scrubbed the launch for Orion's test flight today, CNBC's Jane Wells explains what was riding on the unmanned mission.

  • CAPE CANAVERAL, Fla., Dec 4- The launch of NASA's deep-space Orion capsule for a test flight around Earth was delayed on Thursday after a last-minute technical problem with its rocket, NASA said. United Launch Alliance, a partnership of Lockheed Martin and Boeing that builds and flies the Delta 4 rocket, plans to try again at 7:05 a.m. EST on Friday.

  • Orion mission scrubbed  Thursday, 4 Dec 2014 | 9:35 AM ET

    The unmanned Orion mission has been canceled for today and will be attempted again tomorrow morning, reports CNBC's Jane Wells.

  • All eyes on Cape Canaveral  Thursday, 4 Dec 2014 | 9:16 AM ET

    CNBC's Jane Wells reports the latest from Cape Canaveral where the launch of the Orion spacecraft has been delayed.

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.