WASHINGTON, Feb 27- The Air Force urgently needs a new long-range bomber to replace its aging fleet and will keep costs at or below a $550 million cap for each warplane, top U.S. officials told lawmakers on Friday. Air Force Secretary Deborah James said the Air Force understood that runaway costs had to be contained, and noted that a sharp reduction from the planned...» Read More
Get his top pick in the space.
Plus, in defense of Northrop Grumman.
Here's what analysts and others say they're watching before the bell Wednesday.
Honeywell CEO David Cote characterized his company's second quarter performance as a "rebound" on CNBC Monday, and said most sectors of the diversified U.S. manufacturer's businesses are strong.
The Farnborough International Airshow saw the giants of the aerospace industry back on fighting form with Boeing and Airbus receiving major orders, but the threat of military spending cuts loomed large on the horizon.
Watch the final week of July very closely, as it could to determine the direction of the market for remainder of the summer and into the fall. And here's where you should look.
While the Fed Chairman said the economic outlook remained "unusually uncertain," America’s manufacturing base is seeing a pick-up in demand. So what's going on here?
Raytheon has been removed from its lead role overseeing the £750m project to provide a secure border control system for the UK after the British government said it had “no confidence” in the US defense and security company. The FT reports.
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.
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.