WASHINGTON, Oct 24- The Pentagon and Congress have better-than-ever odds of reaching agreement on how to streamline myriad overlapping laws that slow the process for buying military equipment and services, a top Defense Department official said. "I am optimistic," Andrew Hunter, a former congressional aide who helped draft many of those laws before joining the...» Read More
Herve Ghesquiere and Stephane Taponier, the two French journalists that had been held hostage in Afghanistan for 547 days, landed on French soil on Thursday morning. Sources talk about the unusual path taken by the ransom.
Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.
Indian airlines walked away from the Paris Air Show with a third of the airplane orders last week — a $23 billion gamble that air will finally conquer rail despite a formidable list ofobstacles.
President Barack Obama will set the course for drawing down the U.S. war in Afghanistan on Wednesday, when he is expected to announce plans to bring roughly 10,000 American troops home in less than a year.
The announcement that Ryanair will develop a new airplane with state-backed Chinese aircraft manufacturer COMAC on Tuesday at the Paris Air Show is the latest step towards a Chinese-made large commercial airplane.
The Chinese come to the Paris Air Show as both the world’s largest purchaser of jetliners and a budding manufacturer projected by some to one day challenge the dominance of Boeing and Airbus.
The aerospace sector is “closer to the beginning than the end” of an upswing in orders, the chief executive of Boeing told CNBC Monday.
Given the doom and despondency across so many parts of the EU economy and with European governments tumbling over themselves to reverse years of living beyond their means, next week's Paris Air Show at Le Bourget should provide something to cheer, writes Howard Wheedon, Senior Strategist at BGC Partners.
RSA Security on Monday offered to replace its SecurID tokens for most of its 40 million users as it tries to regain customer confidence after prominent hacking attacks. The New York Times reports.
It will forever be known as the place where the United States finally caught up with Osama Bin Laden but the Pakistani garrison town of Abbottabad has been described as the country’s ‘Terrorism Central,’ according to the executive director of the Asia-Pacific Foundation.
No other country on earth has a larger defense budget than the United States. What are the most expensive U.S. military vehicles? Find out.
The death of Osama Bin Laden has dealt a serious blow to Al Qaeda recruitment and has diminished the organization’s capability, Asa Hutchinson, former Under Secretary of Homeland Security told CNBC on Wednesday.
A member of the US Senate Intelligence Committee has told CNBC that the death of Osama Bin Laden was a direct result of enhanced interrogations.
As the U.S. moves closer to the so-called "Fiscal Cliff", big ticket government spending areas like defense programs are likely to be at the center of the debate.
An outlook on the aeronautic defense and space industry as companies watch events in Libya closely, with Sean O'Keefe, EADS North America CEO.
As anti-aircraft fire rang out across Tripoli for the third night in a row and US airstrikes yet to slow, one analyst told CNBC that there is a very real chance of Libya being divided between the Gaddafi-controlled West and rebel-controlled East.
BAE Systems is braced for the imposition of strict curbs on its business by the U.S., as it moves closer to resolving a year-long review by the State Department of its guilty plea to a conspiracy charge last year, the Financial Times reported.
Washington Post columnist John Pomfret argues the recent test flight of the J-20 stealth fighter just hours before U.S. Defense Secretary Robert M. Gates met with Chinese President Hu Jintao was a blunt challenge by the military establishment to Hu's power. Pomfret surmises there is chaos within China's political circles because it appeared to Gates that Hu did not know of the test. Pomfret's hypothesis would certainly be a scary if true.
Fewer than half of the 2.1 million federal workers subject to a shutdown would be forced off the job if the Obama administration followed the path taken by presidents Ronald Reagan, George H.W. Bush and Bill Clinton
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