Asia's defense market is seeing significant growth of 6-7 percent on-year due to a rise in geopolitical tensions, says Mark Burgess, senior customer business director, Asia Pacific, Defense & Space at Honeywell Aerospace.» Read More
LINKOPING, Sweden, April 27- Swedish defense company Saab said on Monday there was growing interest for its Gripen fighter jet from countries spread across Russia's European flank, amid rising tensions rise over Ukraine. Czech Republic and Hungary already operate 14 Gripens each under leases, and a senior Saab executive said he was open to more such deals as...
*Airbus not ready to decide whether to upgrade the A380. *Airbus, Rolls-Royce may seek European loans for project. PARIS, April 24- Europe's Airbus pledged on Friday to boost sales of its A380 superjumbo, as the world's largest passenger jet prepares to celebrate a bitter-sweet 10- year anniversary in the skies having booked no new airline orders since 2013..
It was a quarter of a century ago that NASA launched the Hubble telescope aboard the space shuttle Discovery, reports NBC's Kurt Gregory.
NATO cyber security drills in Estonia this week are likely to mimic attacks launched by Islamic State extremists and Russia, one expert told CNBC.
CNBC's Phil LeBeau breaks down Boeing's better-than-expected quarterly results.
PARIS, April 22- Safran pledged to meet performance targets on its latest jet engine as it unveiled a higher-than-expected 14 percent jump in first-quarter sales on Wednesday. Safran said its widely watched civil aftermarket grew 17.8 percent in dollar terms, driven by first overhauls of recent CFM56 engines as well as GE's GE90, in which Safran has a stake.
Released just days before the April 24 deadline for public comment on newly proposed FAA drone regulations, the report's sponsors include companies that are involved in drone technology or hope to use the devices to cope with hurricanes, earthquakes, wild fires and other disasters. The sponsors include Boeing Co, Lockheed Martin Corp, United Parcel Service...
Virgin Galactic, the space venture of Richard Branson's Virgin Group, hopes to start testing another spaceship before the end of the year, FT reports.
The space race might have started in the mid-1950s, but it’s not over yet, says British astronaut Timothy Peake.
LONDON, April 17- Rolls-Royce has won a $9.2 billion deal to supply engines for 50 A380 aircraft for Dubai's Emirates airline, the largest order in its history and giving it a boost after a torrid year of profit warnings. It is the first time the Gulf carrier has ordered Rolls-Royce engines for its superjumbo fleet, the rest of which is powered by Engine Alliance, a...
April 17- Honeywell International Inc, a diversified U.S. manufacturer of aerospace parts and climate control systems, reported a 10 percent rise in quarterly profit, helped by a fall in costs. Net income attributable to Honeywell rose to $1.12 billion, or $1.41 per share, in the first quarter ended March 31, from $1.02 billion, or $1.28 per share, a year earlier.
ESA astronaut Timothy Peake, who will be the first U.K. citizen to board the International Space Station later this year, says the space race is alive and well.
Prime Minister Narendra Modi announced last week that India would buy 36 French Rafale jets for an estimated $4.3 billion, in effect ending talks on a larger deal for 126 planes that would have sucked up some $20 billion and locked rivals out of the market for a generation. Saab was proposing to establish "fully-fledged production" of the Gripen in India...
PARIS, April 15- Airbus Group will ask shareholders to approve an exceptional share buyback of up to 10 percent of its capital at its annual meeting on May 27, the aerospace group said on Wednesday. Airbus is also pressing ahead with previously announced plans to adopt " European Company" status. Holding company Airbus Group N.V. would be renamed Airbus Group SE and...
SpaceX successfully launched an unmanned rocket carrying 4,000 pounds of food, equipment and an espresso machine, expected to arrive at the ISS on Friday. The booster rocket failed to land on the drone barge.
SpaceX launched a Falcon 9 Tuesday afternoon, but failed in another attempt to cleanly land the rocket on a platform out at sea.
If SpaceX can recover a rocker after its launch it could significantly drive down the cost of launches, reports CNBC's Jane Wells.
Palaniappan Chidambaram, former finance ministers of India, says India's government budget can accommodate the purchase of 36 Rafale fighter-bombers from France's Dassault Aviation.
SAO PAULO, April 10- Russian state company Rostec could use equipment from Brazilian defense contractor Mectron in the YAK-130 jet trainer, a senior executive told Reuters, as Russia turns to Latin America to offset sanctions imposed by the West over the crisis in Ukraine. The statement by Sergei Goreslavsky, deputy head of Rostec unit Rosoboronexport, is the...
Todd Gordon of Tradinganalysis.com explains why the Boeing charts are setting the stage for new highs.
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.