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Aerospace & Defense

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  • Embraer: E-Jets will remain as our key focus  Monday, 12 Jan 2015 | 6:35 PM ET

    John Slattery, Chief Commercial Officer at Embraer Commercial Aviation, expects the firm's E-Jets to expand to 100 operators by 2017 and explains why the narrow-body airliner remains in demand.

  • CAPE CANAVERAL, Fla., Jan 12- A SpaceX Dragon capsule wrapped up a two-day journey to the International Space Station on Monday, the first U.S. cargo run to the orbital outpost in four months, a NASA TV broadcast showed. Orbital and SpaceX have NASA contracts worth a combined $3.5 billion for station resupply missions. The booster successfully lifted off from Cape...

  • Jan 12- UBS Group AG, Switzerland's biggest bank, lost two more blue-chip corporate broking clients, the Financial Times reported, citing people familiar with the situation. British defense contractor BAE Systems Plc and Smith& Nephew Plc, Europe's largest maker of artificial joints, have both dropped UBS as their corporate broking adviser, the newspaper said.

  • 'Close but no cigar': SpaceX reland fails Saturday, 10 Jan 2015 | 6:21 AM ET
    A SpaceX Falcon 9 rocket, attached to the Dragon, a cargo-only capsule, lifts off from the launchpad in Cape Canaveral, Florida
  • Airbus and Boeing need to step up on aircraft technology as recent tragedies will likely increase demand for sophisticated jets, says Neal Dihora, Equity Analyst at Morningstar.

  • Jan 6- Boeing Co said on Tuesday that it delivered 723 jetliners in 2014, setting an industry record and retaining its title as the world's biggest plane maker in 2014, besting rival Airbus Group. Boeing also set company records for orders, booking 1,550 gross orders and 1,432 net orders, which account for cancellations, in 2014.. Boeing's 2014 orders set Airbus a...

  • Russian firm proposes $9.4B moon base for mining Friday, 2 Jan 2015 | 1:17 PM ET
    The moon rises over Moscow. A Russian firm plans to build a lunar base camp.

    Russia's Lin Industrial unveiled plans to build a lunar base for mining the moon's resources. The project would cost about $9.4 billion.

  • Faulty Virgin Atlantic plane lands safely in UK Monday, 29 Dec 2014 | 11:24 AM ET

    A Virgin Atlantic passenger plane safely carried out a "non-standard" landing at London's Gatwick airport after a landing gear problem.

  • 2015 Defense predictions  Monday, 29 Dec 2014 | 10:52 AM ET

    CNBC's Jane Wells lays out her predictions for the defense industry in 2015.

  • Japanese Prime Minister, Shinzo Abe.

    Japan Prime Minister Abe is set to launch a new government with a defense minister whose support for a stronger pre-emptive strike capability may rile China.

  • WASHINGTON, Dec 23- BAE Systems has won a contract worth up to $1.2 billion to build a new type of armored vehicle for the U.S. Army, the company and Army officials said on Tuesday. "The AMPV capitalizes on proven Bradley and M109A7 designs, meeting the Army's force protection and all-terrain mobility requirements while enabling the AMPV to maneuver with the rest of...

  • Airbus CEO: 'We will be number one' Monday, 22 Dec 2014 | 11:21 AM ET

    Fabrice Brégier, President and CEO of Airbus, has told CNBC his company would take the bragging rights on aircraft deliveries.

  • SEATTLE, Dec 19- Boeing Co has more than enough 787 Dreamliners in the production pipeline to meet its year-end delivery target of 110 aircraft, despite concerns a shortage of seats could cause the world's biggest aircraft maker to miss its target, according to industry experts and a Reuters review of its factory. A Reuters survey of jets in production at...

  • U.S. dismisses new EU claims on Boeing tax breaks Friday, 19 Dec 2014 | 2:50 PM ET

    WASHINGTON, Dec 19- A new European complaint about tax breaks for aircraft manufacturer Boeing "lack any foundation," and show the European Union is not serious about resolving the long-running dispute, a senior official from the U.S. Trade Representative's office said on Friday. "Based on the request filed today, we think the EU's new claims lack any foundation,"...

  • Airlines cued up for Cuba: Former airline CEO Thursday, 18 Dec 2014 | 12:02 PM ET
    Robert Crandall

    If the Cuba embargo is lifted, former American Airlines CEO Bob Crandall sees frequent flights to the island by several carriers.

  • PARIS, Dec 17- A management reshuffle at Airbus this week marks another step towards focusing Europe's biggest aerospace company on industrial performance rather than the political interests of key shareholders France and Germany, industry sources said. But Tuesday's announcement also includes a nod towards national sensitivities, while not letting...

  • WASHINGTON, Dec 16- Northrop Grumman Corp has won a $657.4 million contract from the U.S. Air Force to provide South Korea with four RQ-4 Global Hawk unmanned surveillance aircraft, the company and the Defense Department said on Tuesday. The contract, which includes two spare engines and ground control components, "will provide critically needed wide-area...

  • Boeing boosts buyback to $12B, lifts dividend 25% Tuesday, 16 Dec 2014 | 6:49 AM ET
    An interior onboard a Boeing Business Jet.

    Boeing raised its share repurchase plan to $12 billion and said it would increase its quarterly dividend by 25 percent.

  • Schumer: Investigate expensive airplane tickets Monday, 15 Dec 2014 | 12:29 PM ET
    Sen. Charles Schumer

    Sen. Charles Schumer is calling for federal investigations of high airfares, questioning why they're not dropping along with fuel costs.

  • Alcoa's big aerospace bet  Monday, 15 Dec 2014 | 9:40 AM ET

    CNBC's Jim Cramer speaks to Klaus Kleinfeld, Alcoa chairman & CEO, about the company's purchase of Germany based TITAL and further expansion into aerospace.

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.