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Aerospace & Defense


  • SpaceX Falcon rocket explodes after liftoff Sunday, 28 Jun 2015 | 10:59 AM ET
    The SpaceX Falcon 9 rocket with Dragon lifts off from launch pad 40 at the Cape Canaveral Air Force Station in Cape Canaveral, Florida April 14, 2015.

    The Space Exploration Technologies rocket exploded about two minutes after liftoff from Cape Canaveral Air Force Station in Florida.

  • CAPE CANAVERAL, Fla.- An unmanned Space Exploration Technologies rocket exploded about two minutes after liftoff from Cape Canaveral Air Force Station in Florida on Sunday, destroying a cargo ship bound for the International Space Station, NASA said. The 208- foot-tall rocket was the company's 19th Falcon 9 launch since its 2010 debut, including six previous...

  • SpaceX to deliver new docking port to ISS Friday, 26 Jun 2015 | 3:39 PM ET
    The SpaceX Dragon cargo spacecraft is shown berthed to the Harmony module of the International Space Station.

    In addition to food and supplies, SpaceX will deliver a new docking port to the International Space Station.

  • Inside the battle to build America's next bomber Friday, 26 Jun 2015 | 1:07 PM ET
    An artist's concept of Northrop Grumman's Long Range Strike Bomber.

    In the coming weeks, the U.S. Air Force will announce the biggest defense deal of the decade.

  • Internet from space? Friday, 26 Jun 2015 | 10:00 AM ET
    U.S Top States

    CNBC's Wilfred Frost reports on how one company is hoping to challenge Facebook and Google when it comes to bringing global broadband services from space.

  • The fund-raising attracted backing from Richard Branson's Virgin Group and Europe's Airbus Group, which will also build 900 "micro-satellites" designed to extend the reach of the Internet to remote corners of the world. The company, based in Britain's Channel Islands, plans over 65 launches including 39 from Virgin's spaceflight company, Virgin Galactic, and...

  • Boeing names Dennis Muilenburg new CEO Wednesday, 24 Jun 2015 | 7:11 AM ET
    Boeing names Dennis Muilenburg new CEO

    CNBC's Phil LeBeau reports on the departure of Jim McNerney after 10 years at the helm of the aircraft manufacturer, and weighs in on expectations from its new CEO Dennis Muilenburg.

  • SEATTLE, June 23- Boeing Co said Tuesday that President Dennis Muilenburg will take over as chief executive officer July 1, a transition that comes as the aerospace giant tries to keep pace with an historic boom in the commercial jet market and build its defense business amid tight military budgets. Muilenburg, 51, will succeed 65- year-old Jim McNerney, who...

  • Boeing names Dennis Muilenburg as new CEO Tuesday, 23 Jun 2015 | 8:50 PM ET
    Boeing names Dennis Muilenburg as new CEO

    George Hamlin, president of Hamlin Transportation Consulting, discusses news that Boeing's president and COO Dennis Muilenburg will replace CEO Jim McNerney on July 1.

  • How to trade the Netflix, Boeing headlines Tuesday, 23 Jun 2015 | 7:10 PM ET
    A sign is posted in front of the Netflix headquarters in Los Gatos, California.

    "Fast Money" traders discussed how to play market moves on the Netflix stock split and Boeing leadership change.

  • Boeing replaces CEO McNerney with Muilenburg Tuesday, 23 Jun 2015 | 5:38 PM ET
    W. James McNerney and Dennis Muilenburg of Boeing

    Boeing announced Tuesday it would replace CEO Jim McNerney with current president and COO Dennis Muilenburg.

  • Boeing names its president, Muilenberg, as new CEO Tuesday, 23 Jun 2015 | 4:47 PM ET

    NEW YORK— Boeing CEO Jim McNerney is stepping away from the controls after 10 years. The aircraft maker said Tuesday that President and Chief Operating Officer Dennis Muilenburg will become its new CEO on July 1. He is also remaining chairman of the Chicago- based company.

  • China may buy 50-70 Airbus A330 jets Tuesday, 23 Jun 2015 | 11:42 AM ET
    Chinese workers at an Airbus factory in Tianjin, China.

    China is in talks with Airbus to buy 50-70 A330 jets. The deals could be signed on July 1.

  • FRANKFURT, June 22- Europe will on Monday will launch a satellite that will give its multibillion-euro Copernicus Earth observation project "color vision," delivering valuable images that could help forecast crop harvests and respond to humanitarian crises. The Sentinel-2a satellite, the second of a planned seven-member network, is to be launched aboard a...

  • HONG KONG, June 22- China Aircraft Leasing Group Holdings, the CEO of which quit while on leave last week, issued a statement on Monday announcing that it has delivered an Airbus A320-200 aircraft to Sichuan Airlines. Shares in Asia's only listed aircraft leasing company had plunged by nearly a fifth to a record low on Friday after CEO Poon Ho Man's departure but...

  • *Hong Kong regulator declines to comment. HONG KONG, June 22- The two biggest shareholders in China Aircraft Leasing Group Holding Ltd said on Monday they had no plans to cut their stake in the firm after it revealed it was unable to contact its founder and chief executive, who resigned without explanation. State-backed financial conglomerate China Everbright...

  • HONG KONG, June 22- Shares of China Aircraft Leasing Group Holding Ltd rose early on Monday after falling by about a fifth in the previous session when the company said it was unable to contact its chief executive, who resigned without explanation. China Aircraft Leasing Group is partly owned by a subsidiary of state-backed financial conglomerate China...

  • Airbus and Boeing plan to raise production rates of best-selling single-aisle planes by 25 percent to 50-52 a month in 2017-18 and executives at the Paris Airshow discussed the possibility of ramping up output towards 60, or even above. That prompted some rare public pushback from suppliers including major engine suppliers GE and partner Safran, who said...

  • WASHINGTON, June 19- The United States has sued a Texas- based subsidiary of global defense company BAE Systems Plc for overcharging the U.S. Army in a contract to build 20,000 military trucks, the Department of Justice said on Friday. BAE Systems Inc, the U.S. unit of London- based BAE Systems Plc, did not immediately respond to a request for comment.

  • ST PETERSBURG, Russia, June 19- Russia's Aeroflot sees the Russian aviation industry crisis deepening and is renegotiating its jet order with U.S. planemaker Boeing as the carrier seeks to reduce its fleet, Chief Executive Vitaly Savelyev said on Friday. Aeroflot signed a contract for 22 Boeing 787 Dreamliners in 2007 with delivery scheduled for 2014, but the...

Defense Contractors

  • Troublesome Liaisons of the Business World

    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.

  • Petraeus Scandal Widens

    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.

  • Is the Defense Sector the New 'Girls Club?'

    CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.