July 31- An employee complaint exposed accounting misconduct at L-3 Communications Holdings Inc, according to people familiar with the matter, prompting the aerospace and defense supplier to fire four people, revise two years of earnings statements and cut its earnings forecast.» Read More
For four years, a doctor commuted between his clinics in Texas in a $5 million turboprop with jazzy metallic stripes and ruby stones embedded on the drink cabinet inside. The plane featured exotic wood veneers and polished chrome, and his daughter’s initials were in the tail number. The New York Times reports.
"I'm skeptical of anyone who can answer the question 'Are we safer?' with a simple yes or no," says Ward Thomas, a national security expert. "We are better in some ways, but not necessarily in others."
How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.
CNBC.com collected the annual salaries of employees in 10 high-earning government jobs, and compared them with salaries from the same jobs in the private sector. Check out the list!
A train transporting defense gear from Romania to Bulgaria was broken into and military equipment went missing, Romanian military prosecutors said in a statement on Sunday.
CNBC's Brian Shactman reports on the huge financial void left in the wake of NASA closing its shuttle program.
Many of you may think Hollywood built Los Angeles, but the truth is aerospace did, before the Cold War ended and most of the jobs disappeared. Yet there is a new energy returning to California's space industry
The end of the shuttle program marks the beginning of hard times for Florida's "Space Coast", reports CNBC's Brian Shactman.
CNBC's Brian Shactman reports NASA is not just losing the shuttle program but about half the jobs that go with it.
CNBC's Brian Shactman has a look at what the shuttle program meant to the U.S. as the final space shuttle launch counts down.
CNBC's Brian Shactman has the details on the amount of jobs that will disappear as NASA's 30-year shuttle program ends.
Our special report, "NASA: The Next Generation," explores the impact of the space shuttle's end to the future of the agency and America's place in space.
From Florida's Space Coast to contractors in Connecticut and Georgia. jobs and business will be lost — some, probably forever.
The end of NASA’s space shuttle program will limit U.S. manned flight in the short term but is unlikely to threaten the country's long-term competitiveness in the space sector.
The space agency is leaving the low-orbit travel to the private sector and focusing its R&D efforts on exploring deep space.
With the final space shuttle flying, many wonder, what’s next? Well, tighten your seat belt. The second great space race is about to begin and it could shave two to three years off astronauts' down time without something American to fly.
NASA's last shuttle is scheduled to launch from Cape Canaveral today, with CNBC's Brian Shactman.
The fear in the area surrounding Kennedy Space Center is that when the Shuttle program ends this month, it will become the "Ghost Coast".
The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.
Planned job cuts rose to 41,432 jobs in June, an 11.6 percent increase on May, but the overall pace of downsizing is at the lowest level for 11 years, according to the monthly jobs report by Challenger, Gray & Christmas.
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.