BEIJING— In a story March 5 about China's military budget, The Associated Press incorrectly quoted Adam Liff, assistant professor at Indiana University's School of Global and International Studies. China defense spending to grow 10.1 percent in 2015. BEIJING— China said Thursday it will boost defense spending by 10.1 percent, a smaller rise than last year but...» Read More
Japan and Southeast Asian countries called for freedom of the air and sea on Saturday, as China's military assertiveness raises tensions.
Vladimir Putin ordered Russia's military to increase its focus on the Arctic and finish plans to upgrade military bases there.
The U.S. defense secretary, has opened the door to more weapons sales to the Gulf states, as Washington seeks to convince allies of its commitment to the Iran nuclear talks. The Financial Times reports.
Edward Hunt, senior defense consultant at IHS Jane's, discusses escalating tensions between Japan and China over an island dispute.
Beijing is now confronting strategic assumptions that have governed the Western Pacific region since World War Two.
The hottest spot in the East China Sea appears to be a bunch of uninhabited islands. CNBC's Bernie Lo and Deirdre Wang Morris discuss Beijing's latest move to send fighter jets into the area.
The Pentagon faces the retirement of its de facto chief operating officer, and his exit could have a big impact on the defense industry.
Lockheed Martin announced major job cuts around the U.S. CNBC's Jane Wells reports Lockheed's CEO Marillyn Hewson regrets facility closings and layoffs.
Defense contractor Lockheed Martin said it plans to cut 4,000 jobs, or more than 3 percent of its workforce, to cope with declines in U.S. spending.
CNBC's Jane Wells reports that or the first time an F-35 dropped a 500 pound laser guided bomb and successfully connected with its target on the ground.
One defense contractor is betting on high-tech solutions to help improve military intelligence in a world where less money will be spent on bullets.
The Fed is putting additional controls on its media security procedures, reports CNBC's Seema Mody. Also, Boeing and Lockheed Martin are teaming up on a new contract.
Due to the uncertainties in Washington, it is a difficult time for the defense business, says Linda Hudson, Bae Systems CEO. She says 1,200 workers were out of work due to the shutdown and shifting Bae System's portfolio into military equipment and high tech electronics.
Air Force officers have been caught leaving open a blast door that is intended to help prevent intruders from entering their underground command post.
CNBC's Tyler Mathisen and Dominic Chu discuss what defense stocks could be market outperformers in the upcoming quarter.
Turkey's military always relied on NATO-supplied Patriot missiles, but its selection of Chinese defense company stunned the military establishment.
Former Michigan Governor John Engler shares his opinions on why businesses in the Business Roundtable have slowed hiring, and the impact to their supply chains.
Former Michigan Governor John Engler discusses the challenges he sees in the implementation of Obamacare.
Former Michigan Governor John Engler discusses the toll the government shutdown is having on the economy, and how it's affecting confidence in government.
Just hours before Congress shut down the federal government, the Pentagon quietly went on a shopping spree and spent billions.