ARGENTINA'S PRESIDENT FERNANDEZ SAYS GOVERNMENT WILL DRAFT LAW TO DISSOLVE DOMESTIC INTELLIGENCE AGENCY.» Read More
Defense shares have continued to be positive going into earnings season (Boeing aside due to 787 problems), even though most analysts believe earnings will be lower than a year ago.
Boeing is not planning to change its 787 production schedule despite recent problems, reports CNBC's Phil LeBeau. Ken Herbert, aerospace analyst at Imperial Capital, weighs in.
Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing's 787 Dreamliner passenger jets while battery-related problems are investigated.
The spending cut sequester is coming to the Defense Department, with Gen. Barry McCaffrey, U.S. Army Retiree; Katherine Mangu-Ward, Reason Magazine; and CNBC Contributors James Pethokoukis and Keith Boykin
Former Nebraska Republican Sen. Chuck Hagel's possible nomination for the nation's next Defense Secretary had been rumored for weeks. Elliott Abrams, Council on Foreign Relations; Gen. Wesley Clark, U.S. Army Retiree; and Tony Fratto, Former White House Deputy Press Secretary, discuss whether Hagel's nomination is controversial.
Defense Secretary Leon Panetta commends President Obama on his decision to nominate Former Nebraska Sen. Chuck Hagel (R) as the next Secretary of Defense, and counterterrorism adviser John Brennan as director of the CIA; and Sen. Chuck Hagel accepts the President's nomination.
President Obama is unveiling two choices to head his security team and they are sure to be controversial, reports CNBC's John Harwood.
U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.
CNBC's Hampton Pearson reports Defense cutbacks loom as the Pentagon plans to notify 800 thousand employees of potential furloughs if no deal is reached in a debt deal.
Defense companies are sure to be affected if we go over the "fiscal cliff" because of automatic spending cuts to the industry, reports CNBC's Jane Wells.
Howard Rubel, Jefferies analyst, provides insight on how to play the defense sector.
India agreed to buy dozens of Russian military helicopters and fighter jet assembly kits at a summit on Monday, underlining the resilience of ties between the long-time allies despite New Delhi's recent moves to diversify its arms suppliers.
With so much government money going to defense companies like Lockheed Martin, it is difficult to imagine a "fiscal cliff" deal that does not cut at least some of the Pentagon's defense budget.
Dawne Hickton, RTI International Metals, and Howard Dean, former Democratic National Committee chairman, debate the pros and cons of going over the "fiscal cliffs."
Secret information on counter-terrorism shared by foreign governments may have been compromised by a massive data theft.
NBC's Jim Miklaszewski reports on the developing story of Iran claiming it captured a U.S. drone.
CNBC's Phil LeBeau reports on how the ScanEagle drone made by Boeing works and what it is used for.
CNBC's John Harwood reports the latest on the GOP's counter-offer; and discussing whether investors should be worried about their defense company holdings right now, with David Langstaff, president & CEO of TASC; Cai von Rumohr, Cowen & Co.; and Michael Lewis, Lazard Capital Markets.
CNBC's Eamon Javers says the Wall Street Journal is reporting the White House wants $1.6 trillion in up front tax increases and at least $50 billion in new spending. (5:49)
Read ahead to see the most expensive U.S. military programs currently under way.
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