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Aerospace & Defense

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  • BERLIN, May 3- The German government has approved the sale to Indonesia of about 100 used Leopard 2 tanks and 50 armoured personnel carriers but has put off a decision on a tank sale to Saudi Arabia, a defence source said on Friday.

  • *Base used to transport troops in and out of Afghanistan. BISHKEK, May 3- A U.S. military refuelling plane exploded in mid air and crashed in southern Kyrgyzstan on Friday, the Central Asian country's Emergencies Ministry said.

  • *Base used to transport troops in and out of Afghanistan. BISHKEK, May 3- A U.S. military refuelling plane caught fire in mid air and crashed near the border between Kyrgyzstan and Kazakhstan on Friday, Kyrgyzstan's Emergencies Ministry said.

  • *Australia commits to F-35 purchases, to buy Boeing Growlers. CANBERRA, May 3- Australia announced a significant boost to its military air power on Friday, committing to buy up to new 100 Lockheed Martin Corp F-35.

  • NEW DELHI, May 3- Boeing Co has agreed to compensate state-run Air India Ltd for the grounding of 787 Dreamliner passenger jets, the Indian aviation minister said on Friday, adding the details have yet to be finalised. Boeing has since worked to develop new battery housings to prevent a repeat of the incidents.

  • *New defence strategy accepts rise of China's military* Australia says China-US need to build strategic relationship By James Grubel. CANBERRA, May 3- Australia announced a significant boost to its military air power on Friday, committing to buy up to new 100 Lockheed Martin Corp F-35.

  • WASHINGTON, May 2- The Pentagon on Thursday cleared BlackBerry and Samsung mobile devices for use on Defense Department networks, a step toward opening up the military to a wide variety of technology equipment makers while still ensuring communications security.

  • May 2- Boeing Co and its pilot and instructor bargaining unit will seek help from the Federal Mediation and Conciliation Service after talks between the two sides broke down. The Society of Professional Engineering Employees in Aerospace, which represents the pilots, failed to reach a conclusion in its talks with the company, it said in a statement on Thursday.

  • CANBERRA, May 3- Australia committed to long-term plans to buy up to 100 Lockheed Martin Corp F-35 Joint Strike Fighters as part of its new defence strategy on Friday, easing concerns about the future of the controversial fighter from a major foreign buyer.

  • The new approach combines MH-60 Romeo helicopters the Navy currently uses with the MQ-8 Fire Scout, a Northrop Grumman- built drone that looks and launches like a helicopter. The Navy has been testing the Fire Scout since 2007 and deploying it since 2009, using it for counter-narcotics operations and in Afghanistan.

  • CANBERRA, May 3- Australia committed to long-term plans to buy up to 100 Lockheed Martin Corp F-35 fighter jets in a new defence blueprint released on Friday, helping to ease concerns about the future of the controversial stealth fighter.

  • This comes after a Pentagon spokesperson said on Wednesday that the Pentagon is expected to clear Apple Inc, Samsung and BlackBerry mobile devices for use on Defense Department networks in the next few weeks. The Pentagon unveiled a plan in February aimed at giving the military services a much broader range of choices among mobile devices.

  • WASHINGTON, May 2- The United States is rethinking its opposition to arming the Syrian rebels, President Barack Obama's defense chief said on Thursday, even as Obama himself signaled that no decision to deepen U.S. involvement in the conflict was imminent.

  • WASHINGTON, May 2- The United States is rethinking its opposition to arming the Syrian rebels, U.S. Defense Secretary Chuck Hagel said on Thursday, as pressure builds for a U.S. response to Syria's suspected use of chemical weapons in its civil war.

  • Defense Secretary Chuck Hagel said on Thursday the Obama administration is rethinking its opposition to arming Syrian rebels but has not made a final decision. Asked during a news conference whether the Obama administration was rethinking arming the rebels, Hagel said, "Yes."

  • JOHANNESBURG, May 2- South Africa suspended a senior foreign ministry official on Thursday after a charter plane carrying nearly 200 guests for the wedding of a family with close ties to President Jacob Zuma used an Air Force base without proper military permission.

  • JOHANNESBURG, May 2- South Africa suspended a senior foreign ministry official on Thursday after a charter plane carrying nearly 200 guests for the wedding of a family with close ties to President Jacob Zuma used an Air Force base without proper military permission.

  • FRANKFURT, May 2- German industrial bellwether Siemens expects to benefit from the emergence of high-end manufacturing in China in 2014, its finance chief said. "There is reason to believe that this economy will make inroads into aerospace and automotive," Joe Kaeser told analysts on Thursday after Siemens published quarterly financial results.

  • UPDATE 1-UK Stocks-Factors to watch on Thursday, May 2 Thursday, 2 May 2013 | 2:45 AM ET

    LONDON, May 2- Britain's FTSE 100 index futures indicated early falls in the cash market on Thursday as they traded down 0.1 percent by 0638 GMT. *The FTSE 100 closed up 21.17 points, or 0.3 percent, at 6,451.29 points on Wednesday, gaining in thin trade as heavily weighted bank shares rose on hopes of monetary easing in Europe.

  • LONDON, May 2- European shares were set to fall on Thursday, with concerns about the global economy's health and caution ahead of the European Central Bank's policy meeting prompting investors to trim their trading positions. A separate report from the Institute for Supply Management showed the manufacturing sector expanded only modestly in April.

Defense Contractors

  • *Pentagon, Lockheed said nearing deal for more jets. NEW YORK, Nov 29- The U.S. Air Force affirmed on Thursday its plans to buy 1,763 F-35 fighter jets built by Lockheed Martin Corp in coming years, as Lockheed and the government neared agreement on a multi-billion dollar contract for a fifth batch of planes.

  • 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.