Defense

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• Brazil defense says wants to buy Russian antiaircraft systems

  SAO PAULO, Feb 2- Brazil's Defense Ministry said it will recommend the government buy anti-aircraft defense systems from Russia pending advanced talks with Prime Minister Dmitry Medvedev this month.

• Haggling Over Hagel 

  

  Heather Hurlburt, Executive Director, National Security Network talks about the Obama administration's foreign policy shift as Hagel's Defense Secretary confirmation faces even more hurdles.

• Navy: Ship run aground is complete loss

  HONOLULU-- The U.S. Navy plans to dismantle a minesweeper that ran aground on a coral reef off the Philippines because the ship is a complete loss and because removing it intact would cause more damage to the reef and the ship's hull, a spokesman said Wednesday. Limiting damage to the coral, which is part of a national marine park, is important to the Navy, James said.

• No sense of crisis in U.S. Congress as automatic cuts loom again

  *Hagel says cuts would be "devastating" to Pentagon. WASHINGTON, Jan 31- Big automatic cuts in federal spending are fast approaching again, alarming the defense sector but generating little activity in Congress to avoid them.

• Gross: We Think QE Tapers Down in 2014 

  

  Discussing their expectations for QE, with Bill Gross, Pimco founder; David Kelly, JPMorgan Funds; Diana Swonk, Mesirow Financial; and CNBC's Steve Liesman.

• Fed Leaves Rates Unchanged 

  

  CNBC's Hampton Pearson reports the Fed continues to see downside risks for the economy.

• Waiting on the Fed 

  

  What to expect from the Fed's meeting, and monetary policy ahead, with Bill Gross, Pimco founder; David Kelly, JPMorgan Funds; Diana Swonk, Mesirow Financial; and CNBC's Steve Liesman.

• Outlook For Defense Stocks 

  

  CNBC's Jane Wells takes a close look at how defense stocks are reacting to the 30 percent cut in defense spending by the government in the 4th quarter. Northrop CEO Bush said he "cannot recall a time of greater uncertainty."

• US Economy Contracts In Q4 

  

  Fourth quarter GDP numbers are out and are shocking almost everyone. CNBC's Steve Liesman reports there may be a silver lining after negative growth.

• UPDATE 1-U.S. Justice Department examining Softbank-Sprint deal

  WASHINGTON, Jan 29- The Justice Department and the Department of Homeland Security are examining the proposed takeover of Sprint Nextel by Japan's Softbank Corp for national security and other issues, and have asked the U.S. telecommunications regulator to defer any action on the deal.

• UPDATE 5-Army warns unrest pushing Egypt to the brink

  *Army had ruled Egypt in transition after Mubarak fell. Abdel Fattah al-Sisi, a U.S.-trained general appointed by President Mohamed Mursi last year to head the armed forces, added in a statement on Tuesday that one of the primary goals of deploying troops in cities on the Suez Canal was to protect the waterway that is vital for Egypt's economy and world trade.

• Missile launcher shows up at Seattle gun buyback

  SEATTLE-- Seattle police worked with Army officials Monday to track down the history of a nonfunctional missile launcher that showed up at a weapons buyback program and determine whether it was legal or possibly stolen from the military. Seattle police have contacted Army officials at Joint Base Lewis-McChord near Tacoma deputy chief Nick Metz said Monday.

• UPDATE 4-Army warning: unrest pushing Egypt to brink

  *Army had ruled Egypt in transition after Mubarak fell. Abdel Fattah al-Sisi, a U.S.-trained general appointed by President Mohamed Mursi last year to head the armed forces, added in a statement on Tuesday that one of the primary goals of deploying troops in cities on the Suez Canal was to protect the waterway that is vital for Egypt's economy and world trade.

• Egypt Army Chief Warns of ‘State Collapse’

  

  Egypt's army chief said political strife was pushing the state to the brink of collapse - a stark warning from the institution that ran the country until last year, as Cairo's first elected leader struggles to contain bloody street violence.

• UPDATE 2-Army says political tussle taking Egypt to brink

  *Army had ruled Egypt in transition after Mubarak fell. General Abdel Fattah al-Sisi, appointed by President Mohamed Mursi last year to head the military, added in a statement on Tuesday that one of the primary goals of deploying troops in cities on the Suez Canal was to protect the waterway that is vital for Egypt's economy and world trade.

• As Suez cities burn, canal shipping sails on, for now

  ABOARD RMS QUEEN MARY 2, Jan 29- Egypt's army stepped forward on Tuesday from its new place in the shadows of the fledgling democracy and pledged to defend the state after a week of bloody street violence in cities along the Suez Canal.

• EXCLUSIVE-Israeli finance chief expects cuts to defense spending

  NEW YORK, Jan 28- Israeli Finance Minister Yuval Steinitz, fresh from a record-setting sale of Israeli bonds to investors in Florida, said on Monday that balancing the government budget will require "moderate but still significant" cuts to the defense sector.

• Pentagon to Expand US Cybersecurity Force

  

  The Pentagon is moving toward a major expansion of its cybersecurity force to counter increasing attacks on the nation's computer networks, and will increase the size of the unit by 4,000 people. The New York Times reports.

• UPDATE 1-Pentagon cutting jobs, maintenance due to budget fears-official

  WASHINGTON, Jan 25- The Pentagon has begun laying off many of its 46,000 temporary and contract employees and cutting maintenance on ships and aircraft in an effort to slow spending due to fears of new defense budget cuts, Deputy Defense Secretary Ashton Carter said on Friday.

• Pentagon cutting jobs, maintenance due to budget fears- official

  WASHINGTON, Jan 25- The Pentagon has begun laying off most of its 46,000 temporary and term employees and cutting maintenance on ships and aircraft in an effort to slow spending due to fears of new defense budget cuts, Deputy Defense Secretary Ashton Carter said on Friday.