Robots will face off in a competition hosted by DARPA, a U.S. agency, but the government directly benefits only if a U.S. team wins.» Read More
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.
The new chief executive of Airbus says he is ready to “bet” that the European aircraft maker’s planned new A350 widebody passenger jet will not suffer the same three-year delay that Boeing had with its 787 Dreamliner, the Financial Times reports.
Asked what he would be willing to give up to address the U.S. debt crisis, Rep. Paul Ryan stood his ground Tuesday and insisted it was Democrats who needed to cede ground.
European Union forces on Tuesday attacked a Somali pirate base for the first time, using a combat helicopter to strafe several of the signature fiberglass skiffs that the pirates use to hijack ships, the New York Times reports.
Although there are no shortages of veteran hiring initiatives on Wall Street, very few banks have hiring programs specifically for combat veterans. Despite all the hype, vets still have to apply online like everyone else and compete against other civilian job seekers, who typically have more relevant industry experience than they do.
Gun shops across the country are holding "Ladies Nights," as the number of women who own guns increases. CNBC's Diana Olick explains.