Aug 20- Japan plans to seek funding to buy six F-35 stealth fighter jets in next year's budget to strengthen defense of remote southwestern islands against China, which has grown increasingly assertive at sea and in the air, the Nikkei reported. The Ministry of Defense intends to ask that 124.9 billion yen be set aside, the Nikkei said.» Read More
Discussing whether it still makes sense to stay in Treasuries after the central bank lowered its U.S. growth outlook, with William Irving, Fidelity Government Income Fund; and Mike Greene, Benchmark Company, explains why firearms are seeing growth.
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 looming fiscal cliff is threatening numerous parts of the economy, but the defense industry could be the most vulnerable, reports CNBC's Jane Wells.
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.
Disney has now banned junk food advertisements aimed at children on all of its television and radio networks by 2015; and NASA receives a very generous gift from the government's secret military intelligence space program, with CNBC's Eamon Javers.
Tim Huxley, Executive Director at the International Institute for Strategic Studies, says the biggest issues in the region are China's rise and the U.S.'s re-balancing of its security commitment in Asia. The US will have to be very careful in the way it deals with territorial disputes in the region.
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.
I know that spending potentially a trillion dollars over 50+ years to create and support a single jet program may sound a tad...excessive, but...wouldn't you want to fly one?
CNBC's Jane Wells keeps a close eye on reports from the Treasury Department regarding underperforming areas of the defense sector and says Defense Secretary Panetta is 100 percent committed to the F-35 program.
Neal Keating, Kaman Corp. chairman, president & CEO, offers insight on the company's transfer to the NYSE from the Nasdaq, as well as the aerospace business and defense spending.
NBC's Tom Brokaw has the story on millions of veterans coming home and the obligation the U.S. has to reintegrate soldiers into a civil society.
"Veterans have led in the field; they can lead in a factory or research facility. Veterans believe in getting the job done and doing it in the right way," writes GE Chairman and CEO Jeff Immelt.
Two mortgage brokers in Georgia became instant millionaires after successfully suing banks for defrauding military veterans in Veterans administration home loans by hiding unallowable fees in mortgage documents.
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