Aerospace & Defense


  • RAF FAIRFORD, England, July 10- Borne of the last downturn in U.S. military spending in the 1990 s, Lockheed Martin Corp's F-35 Joint Strike Fighter was intended as a quick and affordable way for the United States and its allies to replace thousands of aging F-16s and other warplanes while avoiding the pitfalls of earlier programs.

  • Commercial aviation market soaring: Boeing Thursday, 10 Jul 2014 | 6:01 AM ET
    A Southwest Airlines Co. Boeing 737-7H4.

    Increasing demand from low-cost airlines and booming airline travel in Asia – China in particular – drove Boeing to raise its forecast for new planes.

  • PARIS, July 9- Airbus is sprinting to line up preliminary orders for a revamped version of its A330 jet and is on stand-by to make an announcement as early as next week's Farnborough Airshow, but no decision has been taken, people familiar with the matter said.

  • Alcoa's 'unrecognized transformation': Cramer     Wednesday, 9 Jul 2014 | 9:30 AM ET

    CNBC's Jim Cramer shares his opinions on Alcoa's quarterly earnings, and the company's acquisition of global jet component leader Firth Rixson.

  • July 9- British fraud investigators have questioned defence officials and former and current employees of an Airbus subsidiary in connection with allegations of corruption in Saudi Arabia, the aerospace and defence company said on Wednesday.

  • 'Threat' to European carriers from Gulf: Pro     Wednesday, 9 Jul 2014 | 2:30 AM ET

    Douglas McNeill, investment director at Charles Stanley, says the rise of the gulf carriers is the biggest threat to European airlines.

  • WASHINGTON, July 7- Most of the 97 Lockheed Martin Corp F-35 fighter jets grounded last week have been inspected, and officials hope to wrap up the remaining inspections on Monday, which could pave the way for the resumption of flights of the Pentagon's newest warplane, U.S. military officials said.

  • Chris Yates, principal at Yates Consulting, says U.S. airport security will be "stepped up" over time in response to evidence that al Qaeda is creating weapons to evade airport checks.

  • Airbus lags Boeing in order race despite busy June Friday, 4 Jul 2014 | 8:29 AM ET

    PARIS, July 4- Airbus sold more than 200 aircraft in June during an unexpectedly busy month that saw some reshuffling of its order book, but took over 120 cancellations to end the first half behind U.S. rival Boeing, company data showed on Friday. Airbus delivered 303 aircraft in the first half, including 13 A380 superjumbos.

  • The Pentagon's F-35 program office, Air Force and Navy issued directives on Thursday ordering the suspension of all F-35 flights after a June 23 fire on an Air Force F-35A jet at Eglin Air Force Base in Florida, according to statements by the Pentagon and the F-35 program office.

  • SACRAMENTO, Calif., July 3- California lawmakers on Thursday passed a tax credit meant to lure aerospace companies working on a new stealth bomber to the state, but the measure will benefit only one of two teams of companies fighting to win the contract.

  • Boeing deliveries move higher as 787 ramps up Thursday, 3 Jul 2014 | 12:04 PM ET

    Boeing's commercial airplane division ramped up deliveries in June and in the second quarter, aided by the Dreamliner.

  • Bjørn Kjos, CEO of Norwegian, says complaints by U.S. pilot unions about the airline's labor policies are not grounded in fact and American carriers are "afraid of competition".

  • WASHINGTON, July 2- U.S. and British military officials are working on a joint directive to require mandatory inspections of engines on all Lockheed Martin Corp F-35 fighter jets, after an Air Force F-35A caught fire at a Florida air base last week, said sources familiar with the situation.

  • Boeing seals $2.8 bln contract with NASA Wednesday, 2 Jul 2014 | 2:00 PM ET
    Boeing headquarters in Chicago.

    The agreement comes as NASA and Boeing complete the Critical Design Review on the core stage, the last major review before full production begins.

  • Boeing gets $2.8 bln contract from NASA Wednesday, 2 Jul 2014 | 1:30 PM ET

    The agreement comes as NASA and Boeing complete the Critical Design Review on the core stage, the last major review before full production begins, Boeing said.

  • CAPE CANAVERAL, Fla., July 1- The launch of an unmanned Delta 2 rocket from Vandenberg Air Force Base in California was called off less than a minute before liftoff on Tuesday when the pad's water system failed, a live NASA Television broadcast showed.

  • LONDON, June 27- Copper slipped after hitting its highest in 3-1/ 2 months on Friday, spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening.

  • RPT-After 125 years, Alcoa looks beyond aluminum Friday, 27 Jun 2014 | 7:01 AM ET

    June 26- Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.

  • LONDON, June 27- Copper hit its highest in 3-1/ 2 months and was headed for a second straight weekly gain on Friday spurred by hopes that an improved outlook for the world's No. 2 economy may strengthen demand just as supply side dynamics are tightening.

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.