Aerospace & Defense


  • Oct 22- U.S. weapons maker Northrop Grumman Corp on Wednesday reported a higher-than-expected profit for the third quarter and raised its earnings outlook for the full year. Northrop, which makes unmanned planes and electronic equipment, posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497 million, or $2.14 a share, a year earlier,...

  • Passenger jets push Boeing's profit up 18 percent Wednesday, 22 Oct 2014 | 7:42 AM ET

    NEW YORK— Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year. In the past quarter alone, Boeing booked 501 net plane orders, bringing its backlog up to more than 5,500 airplanes valued at a record $430 billion. During the quarter, Boeing delivered...

  • Boeing earnings, revenue top estimates Wednesday, 22 Oct 2014 | 7:31 AM ET
    A Boeing 787-8 Air China jet.

    The aerospace giant also raised its full-year guidance.

  • 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...

  • SINGAPORE/ PARIS, Oct 22- From Scandinavia to Southeast Asia, low-cost airlines have ordered record numbers of planes in recent years, redefining the jet industry. Between them, Indonesia's Lion Air, Malaysia's AirAsia and Norwegian Air Shuttle have ordered more than 1,400 Airbus and Boeing jets, worth about $140 billion at current list prices.

  • It's a buyer's market for (used) private jets Tuesday, 21 Oct 2014 | 3:15 PM ET
    A Gulfstream G550 jet on display at the Singapore Airshow in February 2014.

    Suddenly, private Gulfstream jets are affordable. Well, "affordable" in a relative sense.

  • GAVIÃO PEIXOTO, Brazil, Oct 21- Embraer's new military cargo jet could be adapted to serve niche civilian markets including the oil and mining industries, executives with the Brazilian plane maker said after unveiling the aircraft on Tuesday. Paulo Gastao, director of Embraer's KC-390 program, said ordinary civilian cargo operators tend to operate cheaper...

  • Biz jets: Bigger, farther and more connected Tuesday, 21 Oct 2014 | 12:03 PM ET
    Bedroom suite onboard Bombardier's Global 7000 business jet.

    The corporate jet is increasingly being used to fly further, and that means new types of aircraft like Bombardier's Global 7000 are more in demand.

  • Lockheed tops 3Q net income expectations Tuesday, 21 Oct 2014 | 9:14 AM ET
    A supersonic future aircraft-design concept from NASA research partner Lockheed Martin

    Lockheed Martin on Tuesday reported net income of $888 million in its third quarter.

  • United Technologies posts 3rd-quarter profit rise Tuesday, 21 Oct 2014 | 8:14 AM ET
    United Technologies

    United Technologies posted a rise in quarterly profit, helped by a tax settlement and earnings increases across its aerospace and commercial building segments.

  • Lockheed tops 3Q net income expectations Tuesday, 21 Oct 2014 | 7:33 AM ET

    BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported net income of $888 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.72 per share. Analysts expected $11.24 billion, according to Zacks.

  • Oct 21- United Technologies Corp on Tuesday posted a rise in quarterly profit, helped by a tax settlement and earnings increases across most of its aerospace and commercial building segments. United Tech said earnings were $1.82 per share, excluding favorable items and restructuring costs. Shares of United Tech through Monday had declined about 11 percent...

  • United Technologies beats 3Q profit expectations Tuesday, 21 Oct 2014 | 7:12 AM ET

    HARTFORD, Conn.— United Technologies Corp. on Tuesday reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. Growth in China— where United Technologies' Otis elevator business has a broad presence— will moderate, Hayes said. Hayes said United Technologies is...

  • NEW YORK, Oct 19- Business jet buyers are expected to take delivery of as many as 675 new aircraft worth about $20.5 billion this year, a slight rise over deliveries worth $20 billion 2013, according to a forecast by Honeywell International Inc.. That's up from 9,250 jets worth $250 billion in last years' long-range forecast, Honeywell said. Buyers in the...

  • Belgium's main airport to begin Ebola screening Sunday, 19 Oct 2014 | 1:05 PM ET

    PARIS— Brussels Airport says it will begin screening passengers arriving from Ebola-stricken countries Guinea, Liberia and Sierra Leone. Four flights a week from the area concerned arrive weekly at Brussels Airport. Similar measures were begun Saturday at Paris' Charles de Gaulle airport, where one daily flight arrives from Conakry, Guinea.

  • Oct 17- Honeywell International Inc, a diversified manufacturer of aircraft parts and electronic equipment, posted a better-than-expected third-quarter profit, helped partly by higher margins in its key aerospace business. It's just a matter of time and the stars lining up, " Tom Szlosek, senior vice president and chief financial officer at Honeywell, said in...

  • LONDON, Oct 17- British engineer Rolls-Royce warned on Friday that deteriorating economic conditions meant its profit would not rise next year as previously forecast, sending its shares plunging as much as 16 percent. Wherever you look there were signs of economic slowdown such as the fall in oil and iron ore prices, an absence of growth in Europe and a slowdown...

  • Oct 17- Honeywell International Inc, a maker of aircraft cockpit parts and other electronic equipment, reported a better-than-expected third-quarter profit, helped partly by higher margins in its aerospace business. Honeywell has been able to perform well this year despite a sluggish global economy, mainly due to its focus on controlling costs.

  • Airbus receives biggest ever aircraft order Wednesday, 15 Oct 2014 | 1:41 PM ET

    PARIS— Indian budget airline IndiGo has signed a preliminary order with Airbus for 250 A320neo Family aircraft. Airbus said on Wednesday that the memorandum of understanding with IndiGo, India's largest domestic airline, will become Airbus' single largest order- ever- by number of aircraft. Airbus President and CEO Fabrice Bregier said it builds on "the...

  • *Order would be Airbus's largest by number of planes. NEW DELHI/ PARIS, Oct 15- Indian budget carrier IndiGo has agreed to buy 250 single-aisle A320neo aircraft from Airbus SA, the companies said on Wednesday, potentially marking the largest number of jets ever sold by the European planemaker in a single order. IndiGo has a fleet of 83 Airbus A320s and has ordered or...

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.