GO
Loading...

Aerospace & Defense

More

  • 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.

  • 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...

  • 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.

  • 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...

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and signed agreements for orders of up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the 16- seater G450, the...

  • WASHINGTON, Oct 14- Two Americans shot in Saudi Arabia were employees of U.S. defense contractor Vinnell Arabia, a senior State Department official said on Tuesday. One employee was killed and the other slightly injured after being shot at a gas station near the Vinnell Arabia base in Riyadh, about 20 miles from the U.S. embassy, the official said on condition of...

  • CITIZENS SHOT IN SAUDI ARABIA WERE EMPLOYEES OF U.S.

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and received orders for up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the G450, the G500 and G650,...

  • Oct 13- General Dynamics Corp's Gulfstream Aerospace Corp unit is expected to unveil a new business jet on Tuesday, the Wall Street Journal reported, citing people familiar with the company's plans. Gulfstream hasn't acknowledged it will unveil its latest jet this week, with a nondescript invitation for media and analysts to its Tuesday announcement, the...

  • Boeing announces Garuda order for 50 planes Sunday, 12 Oct 2014 | 4:03 PM ET

    Boeing said Sunday that Garuda will buy 46 of its 737 Max 8 aircraft and convert orders for four other 737 s to the Max 8. The plane is designed to be more fuel-efficient than current models of the single-aisle jet. Boeing and rival Airbus have huge backlogs of commercial jet orders as airlines dealing with high fuel prices order more efficient planes.

  • MELBOURNE, Fla., Oct 9- Brazilian aircraft manufacturer Embraer broke ground on a new assembly plant in the central Florida city of Melbourne on Thursday, more than doubling its industrial footprint in an area hard-hit by the retirement of NASA's space shuttles three years ago. Embraer also plans to assemble its new Legacy 500 and Legacy 450 aircraft in...

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.