WASHINGTON, Oct 1- The U.S. Air Force is close to announcing the winner of a three-way competition between Lockheed Martin Corp, Raytheon Co and Northrop Grumman Corp to build the next generation of long-range radars, senior military officials said. One source familiar with the process said Frank Kendall, the Pentagon's chief arms buyer, had approved the Air...» Read More
Stocks were trading sharply higher Wednesday following a handful of reports that offered some hope that the U.S. economy was improving.
Stocks added to gains Wednesday after a handful of economic reports pointed to an improving economy.
Stocks were poised to open higher Wednesday after reports on the labor market and consumer spending pointed to an improving economy and as investors shifted their focus away from tensions between the two Koreas and European debt worries.
The United States Marine Corps want to spend billions of dollars on a new amphibious landing craft, budget cutters in Washington say that’s simply too much money for a vehicle that Marines may never ride into battle.
This Veteran's Day, one company started by a "serial entrepreneur" provides a uniquely modern way to say "thank you". Products for Good sells "liberated Iraqi coins" which people buy for veterans in their lives.
According to the SBA, one in seven veterans are self-employed or small business owners and about one quarter of veterans say they are interested in starting and buying their own businesses. The percentage is even higher among women veterans, noted the SBA.
Voters were intensely worried about the future of the economy, a tide of dismay that rolled through groups that can swing elections—women, independents, suburbanites—and turned more of them toward Republicans.
Here's a look at the congressional seats, governorships, state legislatures and some of the ballot measures that will be on ballots around the country on Nov. 2.
As voters are headed to the polls on this Election Day, which sectors should investors buy or sell? Kelly Campbell, founder, principal and CEO of Campbell Wealth Management, shared his best plays, sector by sector.
For candidates to deliver on their promises to cut government spending and reduce the budget deficit, they will have to make potentially painful cuts. If given a limited choice, where would you wield the axe? Take our poll and tell us your opinion.
Teams of U.S. anti-terrorism and security experts are headed to Yemen to help search for suspects in the mail bomb plot and to train cargo screeners at the San'a airport.
The chairman of British Airways has launched an attack on “completely redundant” airport checks and said the UK should stop “kowtowing” to US demands for increased security. The FT reports.
A piece of highly sophisticated malicious software that has infected an unknown number of power plants, pipelines and factories over the past year is the first program designed to cause serious damage in the physical world, security experts are warning.
The Arab states of the Gulf have embarked on one of the largest re-armament exercises in peacetime history, ordering US weapons worth some $123bn as they seek to counter Iran’s military power.
Cramer thinks three company could catch a bid. But he’d rather see you buy a different stock instead.
CNBC has learned the Government Accountability Office will continue to consider part of a protest in the Air Force tanker refueling competition filed by a small U.S. company proposing a Ukrainian based tanker. However, the GAO is dismissing the most serious accusations made by the firm, U.S. Aerospace, which claim the Air Force engaged in intentional misconduct.
Raytheon has been removed from its lead role overseeing the £750m project to provide a secure border control system for the UK after the British government said it had “no confidence” in the US defense and security company. The FT reports.
Here's what analysts and others say they're watching before the bell Tuesday.
After years of planning, waiting, and yes, delaying some of the most important programs in its history, 2010 is the year when Boeing will see if it can finally deliver.
Lockheed Martin reported better than expected earnings Wednesday, if you take out new health care costs. However, one of the biggest questions facing the defense giant is the future of the F-35 Joint Strike Fighter.
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