President Vladimir Putin says Russia expects France to return the advance payment if it fails to deliver a warship built for the Russian navy. He said France's failure to deliver the warship wouldn't damage the Russian navy capability, adding that Russia had placed the order in a bid to strengthen relations with France. President Vladimir Putin says the West...» Read More
U.S. defense officials confirm today that Iranian fighter planes fired, and missed, at a U.S. drone days before election day, with John Batchelor, The John Batchelor Show host; and Ken Heebner, Capital Growth Management, explains why he thinks a deal will be reached on the fiscal cliff.
House Chief Deputy Whip Peter Roskam, R-Ill., says both parties in Congress should be able to have a victory lap but vowed that a tax increase was not on the table.
CNBC's Eamon Javers reports just how bad the fiscal cliff is, saying the CBO Report forecasts GDP would drop by 0.5 percent in 2013; and Rep. Peter Roskam (R-IL), weighs in.
According to Reuters, Boeing is aiming to cut costs by an additional $1.6 billion, reports CNBC's Brian Sullivan.
Andy Brenner, National Alliance Securities, assesses the threat of inflation now, with CNBC's Steve Liesman.
Hackers picked the one day of the year they knew they could inflict the most damage on the world’s biggest oil producer, Saudi Aramco — and U.S. intelligence officials believe the attack came from Iran. The New York Times reports.
Democrats were expected to use devastating defense budget cuts as leverage for a deal that would raise taxes on the rich. Did President Obama throw the program under the bus in last night's debate? Rep. Tom Price, M.D. (R-GA), provides perspective.
A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defense group following the collapse of the EADS merger two weeks ago. The FT reports.
There are no signs of recession anywhere in the world, Caterpillar CEO Doug Oberhelman told CNBC’s “Squawk Box” after earnings on Monday.
The fiscal cliff may sound like the name of an exercise retreat on a mountain top in Southern California, but the reality is not so pretty. What it refers to is the potentially dire economic situation the U.S. faces at the end of 2012. Here's a look.
Read ahead to see what they are, and find out what employment data, industries and companies are located there to make them top destination states.
BAE Systems’ largest shareholder will on Monday signal its “significant reservations” about the U.K. defense group’s proposed tie-up with EADS, the FT reports.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
Q, the twinkly-eyed boffin who provides James Bond with his trademark high-tech gadgetry, faces fresh competition. The heads of British intelligence are appealing to small and medium-sized technology companies to help to provide the gizmos they need for covert operations, the Financial Times reports.
The shipping company warned on Tuesday that fiscal first-quarter earnings will come in below earlier forecasts, citing global economic weakness.
The aeronautical industry is not experiencing a production bubble in the commercial sector, but supply will need to keep up with demand, David Baxt, Global Head of Aerospace and Defense at Jefferies, told CNBC.
Rep. Buck McKeon, (R-CA), reveals how uncertainties about future defense contracts are taking its toll on the U.S. economy.
Despite the United States’ dominance of the aerospace and defense industry, the UK’s biennial Farnborough air show, along with the Paris show, remains one of the biggest events on the calendar.
Defense manufacturers suffered a further blow on Wednesday as the UK became the latest European nation to announce military cutbacks as part of austerity measures.
The world's No. 2 aircraft maker put top salesman Ray Conner in charge of its commercial plane unit only last week, and faces international customers' questions on how it plans to replace its successful but aging 777 mini-jumbo.