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Aerospace & Defense

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  • Raytheon Profit Drops 7 Percent, Hurt by Unit Sale Thursday, 25 Oct 2007 | 10:59 AM ET

    Raytheon reported slightly lower third-quarter profit Thursday, hurt by losses from a unit it is selling, and forecast next year's profit below Wall Street's average estimate, sending its shares down almost 3 percent.

  • Boeing Profit Rises, But Company Cuts Outlook Wednesday, 24 Oct 2007 | 11:35 AM ET
    Boeing's Dreamliner 787.

    Boeing said Wednesday third-quarter profit rose more than expected, helped by higher deliveries of commercial planes, but it scaled back its revenue forecast for next year due to delays on its 787 Dreamliner and slowing growth at its defense unit.

  • General Dynamics and Northrop Grumman Profits Rise Wednesday, 24 Oct 2007 | 9:06 AM ET

    Both General Dynamics and Northrop Grumman beat Wall Street expectations Wednesday with their quarterly profit, as rising demand helped the defense-sector companies post bumper revenues.

  • Lockheed Martin's Profit Rises 22% on Jet Fighter Sales Tuesday, 23 Oct 2007 | 10:59 AM ET
    Lockheed Martin

    Lockheed Martin, on Tuesday posted a third-quarter profit that beat Wall Street expectations, helped by higher sales of its jet fighters and electronic warfare systems, but it forecast profits for next year slightly below analysts' estimate.

  • EADS Executives Defend Themselves at Board Meeting Monday, 22 Oct 2007 | 9:17 AM ET

    The head of French media group Lagardere survived a challenge to his seat on a new board at Airbus parent EADS on Monday despite calls from minority shareholders that he should step down.

  • Saab Posts Lower-than-Expected Third-Quarter Profit Friday, 19 Oct 2007 | 8:08 AM ET

    Defense and aerospace group Saab on Friday posted third-quarter pretax earnings short of forecasts and said it expected overall 2007 growth would be in line with last year.

  • Southwest Enjoys Strong Demand; Profit Soars Thursday, 18 Oct 2007 | 11:33 AM ET
    Southwest Airlines.

    Southwest Airlines, the leading U.S. low-cost carrier, said on Thursday that third-quarter earnings rose as higher ticket prices and fuller planes fueled record revenue.

  • Boeing Names New Head of Dreamliner Program Tuesday, 16 Oct 2007 | 1:35 PM ET
    Boeing's Dreamliner 787.

    Boeing  named Pat Shanahan as vice president and general manager of the 787 program, succeeding Mike Bair, who will become vice president of business strategy and marketing for commercial airplanes, both effective immediately.

  • BAE Systems CEO to Step Down in August 2008 Tuesday, 16 Oct 2007 | 10:39 AM ET

    BAE Systems Chief Executive Mike Turner will step down as CEO and leave the board in August 2008, Europe's largest defence company said on Tuesday.

  • After Years of Delay, Airbus Delivers an A380 Monday, 15 Oct 2007 | 9:49 AM ET

    European aircraft maker Airbus delivered its first long-awaited A380 to Singapore Airlines Monday, finally giving parent EADS some good news to trumpet after two years of delays in delivering the world’s largest passenger aircraft and recent allegations of insider trading at the company.

  • Outlook: Investors Bracing For Big Earnings Week Friday, 12 Oct 2007 | 6:15 PM ET

    A slew of companies will be reporting third-quarter results, and investors will be watching not only for the latest figures but what companies predict about future profits.

  • European Indexes Close Higher as Telecoms Surge Thursday, 11 Oct 2007 | 11:49 AM ET

    Better-than-expected earnings from mobile-phone company Sony Ericsson boosted telecommunications stocks in Europe and added to a firm close for the major indexes Monday.

  • Boeing Delays Dreamliner Delivery by Six Months Wednesday, 10 Oct 2007 | 3:20 PM ET
    In this hand hout computer-generated image provided by Boeing shows the company's new series Boeing 787 Dreamliner, Wednesday, April; 27, 2005.  A senior Boeing Co. official on Wednesday brushed off the threat of European rival Airbus SAS's "superjumbo," saying orders for Boeing's smaller, more fuel-efficient Dreamliner were robust. (AP Photo/Boeing) ** EDITORIAL USE ONLY **

    Boeing said Wednesday it would delay initial delivery of its 787 Dreamliner for six months due to challenges completing assembly of the first planes.

  • Midday Buzz Wednesday, 10 Oct 2007 | 1:31 PM ET

    Market is dealing with several problems today: 1) Boeing down more than 3% after it delayed deliveries of its 787 Dreamliner for six months, due to problems assembling the plane. Though they say it won't materially hurt 20087 or 2008 earnings, it is still a surprise.

  • Diversified manufacturer Textron said Monday it had agreed to buy United Industrial in a deal valued at $1.1 billion, in a move to strengthen its aerospace and defense businesses.

  • As recession fears recede, investors show an increasing willingness to bet on another interest rate cut from the Federal Reserve.

  • Jack Welch, Former CEO & Chairman, GE Friday, 5 Oct 2007 | 12:31 PM ET

    Discussing leadership, motivation and career success with Jack Welch, former General Electric chairman & CEO.

  • Icahn Raises BEA Stake to 13.22% Thursday, 4 Oct 2007 | 8:16 AM ET

    Billionaire investor Carl Icahn further boosted his stake in BEA Systems to 13.22%, according to a regulatory filing.

  • Spaniards to Control Iberia Board in TPG Bid: Source Thursday, 4 Oct 2007 | 6:45 AM ET

    Spanish funds within a group looking to buy Spanish carrier Iberia will control both the board and hold the majority of its capital if successful, an industry source told Reuters on Thursday.

  • Will Airbus Ever Recover? Thursday, 4 Oct 2007 | 2:50 AM ET

    Just as Airbus hoped to start selling its oft-delayed superjumbo as a success story, a report of "massive insider trading" at parent company EADS leaked to the media -- raising the question of whether the beleaguered company can ever get ahead of its problems.

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.