Demir also said Turkey was in contact with Russia regarding the project but there have been no formal talks. NATO member Turkey chose China Precision Machinery Import and Export Corp in 2013 as the preferred bidder, prompting U.S. and Western concern about security and the compatibility of the weaponry with NATO systems. Turkey's defence minister said last...» Read More
Big spending cuts by the Pentagon may not be enough to meet the reductions mandated by the sequestration.
Sen. James Inhofe, (R-OK), explains why he wants to give the Defense Department a one year exemption from budget cuts if the U.S. strikes in Syria.
CNBC's Dominic Chu has the rundown on where all the action is as a slew of notable records are being made in several stocks and sectors.
One of the few things defense experts agree on about Syria is that any military strike will involve Tomahawk cruise missiles made by Raytheon.
The Senate Foreign Relations Committee is voting on authorizing a military strike on Syria. CNBC's Eamon Javers reports politicians are split on the issue, including Sen. McCain who is arguing for tougher language.
CNBC's John Harwood is in Midwest City, Oklahoma after spending 24 hours with Rep. Tom Cole, R-OK. The public is voicing its opinion on the sequester, and Syria.
CNBC's Steve Liesman reports on the cost of President Obama's proposed military strike. CNBC contributor Ben White discusses the market impact of a potential U.S. strike in Syria.
CNBC's Dominic Chu focuses on defense stocks while tensions in Syria heighten.
U.S. military and national security advisers huddled with President Barack Obama at the White House on Saturday to consider options for responding to the alleged use of chemical weapons by the Syrian government this week.
Bloodshed on the streets of Egypt is delaying completion of a lucrative deal to sell Lockheed Martin F-16s to the troubled U.S. ally.
The crisis in Egypt is delaying the completion of a lucrative deal selling Lockheed Martin F-16s. CNBC's Jane Wells has the details.
President Barack Obama condemned Egypt's interim government Thursday, saying the United States was canceling a joint military operation in protest of violence that left 525 dead.
Despite sequestration concerns, the defense industry has developed strategies which are attracting some investors. Carter Copeland, Barclays analyst, has the plays.
CNBC's Hampton Pearson reports on signs showing the sequester is having an impact on private sector defense jobs. Sources saw a slowdown in defense job growth beginning in the Spring.
James Brown, Military Fellow at Lowy Institute for International Policy talks about Japan's unique defense position, and puts its military ambitions in context.
Northrop Grumman reported quarterly earnings and revenue that surpassed analysts' expectations on Wednesday.
Lockheed Martin shares hit a new 52-week high, reports CNBC's Jane Wells. The sequester is not impacting the defense contractor's cash cow.
Digging into the auto, defense and housing industries, with CNBC's Phil LeBeau, Jane Wells and Diana Olick. The aerospace and defense sector is at record highs.
Investors appear to be betting that the U.S. defense industry will be able to offset tens of billions in shrinking orders for swords with new, long-term contracts for plowshares.
Tony Fratto, former White House deputy press secretary and Thomas Snegaroff, senior research fellow at IRIS, debate on the NSA spying scandal, the EU's reaction and whether free trade talks will be impacted.