HARTFORD, Conn.— Aerospace and building systems giant United Technologies announced Monday the abrupt retirement of CEO Louis Chenevert, and named Chief Financial Officer Greg Hayes to succeed him. He steered United Technologies' $18.4 billion purchase of aerospace parts maker Goodrich Corp. in 2012. It was the industry's largest deal and boosted the...» Read More
Lockheed Martin wants to use its unmanned helicopter--the K-Max--as a firefighting tool. Check out the drone in action in video courtesy of Lockheed.
OTTAWA, Nov 19- U.S. aerospace giant Boeing Co is frustrated by Canada's decision to extend the life of its aging fleet of fighter jets, a move that will delay a decision on buying replacements, a company official said on Wednesday. The comments were a rare public expression of unhappiness by Boeing about the way Canada is conducting the process to buy new fighters.
The US Air Force just completed an initiative to convert all of its bases from military-specific grade jet fuel to a civilian grade.
EL SEGUNDO, Calif., Nov 18- Boeing Co said this week it is reevaluating its cybersecurity business and could divest or reassign some units as it focuses more on a few critical areas, including classified work it is doing for some U.S. government agencies. Boeing, the Pentagon's No. 2 supplier and the world's largest aerospace company, bought a handful of...
SEATTLE, Nov 18- Airbus is aiming to deliver the first A350 jetliner around Dec. 12, with customer Qatar Airways being the first recipient, a representative of the airline said on Tuesday. The A350, Airbus' newest plane and made with carbon-fiber composite fuselage, is a direct competitor to Boeing's composite 787 Dreamliner. Airbus has booked 750 orders for the...
The Russian military has launched a mysterious object that Western space agencies are monitoring for signs of destructive intent. FT reports.
The wealthy have their own wealth gap, as gains become concentrated at the very top, Robert Frank writes for The New York Times.
Airbus is hoping to patent a new plane that looks more like a doughnut or flying saucer than the usual passenger plane.
BERLIN— Good news: the spacecraft that landed on a comet has begun drilling below the surface to see what secrets the celestial body can reveal. Bad news: Scientists at the European Space Agency that launched the historic mission still don't know exactly where the lander is on the comet and were anxiously hoping its batteries will keep running long enough to get...
PARIS, Nov 14- Airbus Group reported a stronger-than-expected 12 percent rise in nine-month underlying operating profit on Friday, led by its planemaking and helicopter divisions, and reaffirmed its profit forecasts for the year. Airbus said it had run into delays in enhancing the military capabilities of the A400M and that a clause allowing buyers to cancel...
KLM is partnering with Airbnb for a contest to win the chance to spend a night in an "aircraft loft" in Amsterdam.
WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...
A rear door fell off Bono's private plane, a Learjet 60, while the plane was landing in Germany, USA Today reports.
The European Space Agency made history Wednesday when it landed a robotic probe on a comet. Watch the ESA control room react to the good news.
It's the first time a man-made object had ever touched down on a comet.
The ESA's Philae probe has landed on the surface of a comet, reports CNBC's Carl Quintanilla.
*Costs are nearly $2 billion for 6.4 bln km journey. BERLIN/ FRANKFURT, Nov 12- The European Space Agency landed a probe on a comet on Wednesday, a first in space exploration and the climax of a decade-long mission to get samples from what are the remnants of the birth of Earth's solar system. "We are ready to make science fiction a science fact," ESA director of human...
NBC's Jane Wells provides the latest details on the crash of Virgin Galactic SpaceShipTwo spacecraft .
NASA is preparing to launch the Orion spacecraft, its next generation deep-space capsule. CNBC's Jane Wells has the details.
The Orion, which may take astronauts to asteroids and Mars, is scheduled for an unmanned test launch on Dec. 4.
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.