Raytheon beat out Northrop and Lockheed Martin Corp to develop a replacement for the Air Force's current TPS-75 radar, which has been in service since the late 1960 s. Raytheon said it would work closely with the Air Force to mitigate any resulting delays once the issue was resolved. "The Air Force ran a very tough but very fair competition, and selected the world...» Read More
The future of the aviation industry has an Asian face, industry watchers say – and it is changing fast thanks to the rapid growth in passengers in the region that is creating strong demand for aircraft.
The Farnborough International Airshow in the UK runs from July-25 and alternates each year with Paris as the premier European trade and display air show.
Day one delivered a raft of billion-dollar orders that will be making the headlines Tuesday and, as ever, the company hogging the limelight has been Emirates.
Stocks rebounded after losing 1% last week as techs gained ahead of some key earnings from the sector this week. Qualcomm and Motorola rose, while Bank of America and Apple fell.
Stocks were modestly higher Monday, led by the technology sector, as investors focused ahead on upcoming earnings reports. Motorola rose more than 4 percent but Apple tumbled.
Major defense and aerospace companies are aware that an inflection point has been reached with the U.S. military budget and costs can not keep climbing, a senior Pentagon official said Monday.
Stocks bobbed after an early pop Monday as banks and homebuilders weakened. Stocks has started the day higher after a report showed U.S. firms have increased their hiring plans.
Anyone attending the Farnborough International Airshow may want to consider some type of protective gear. It's not so overcrowded that you can't move. It's just that nobody looks where they're going. They look up.
Arch rivals Boeing and Airbus announced new orders worth almost $18 billion at the start of the Farnborough International Airshow on Monday, raising hopes that the aviation industry is on the way back up after a dire two-year slump.
U.S. stock index futures pointed to a higher open on Wall Street Monday, signaling a slight recovery from Friday's end-of-the-week selloff, despite a debt downgrade for Irish debt and concerns over Hungarian funding.
Boeing and Airbus are both readying their most technologically advanced aircraft yet: Boeing’s 787 Dreamliner and Airbus’s A350XWB.
Get ready for as many as seven years of upside for this sector.
Northrop Grumman says it will close down a Louisiana shipyard and may shed its entire division that makes warships for the Navy.
The fierce competition for the $35 billion Air Force tanker is about providing the best airplane, not about politics, EADS's North American Chairman Ralph Crosby told CNBC Friday.
When Argon ST, a defense contractor, was first for sale there was ample time for plenty of takeover stock investors to get involved on hopes that a knock-out bid would emerge for the company. Sure enough, it did.
While Boeing and its competitor, Airbus, are locked in a dogfight over passenger-jet domination, a third competitor—China—will impact fortunes of both corporations, industry watchers say.
Find out what that means for at least one sector in particular. Plus, get Cramer's pin-action plays on Boeing.
After years of planning, waiting, and yes, delaying some of the most important programs in its history, 2010 is the year when Boeing will see if it can finally deliver.
How much do you know about Boeing? Take our quiz and find out.
But that’s no reason to sell stocks, he says. Here’s how you survive the debt tsunami crossing the Atlantic.
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.