CINCINNATI— The Ohio Army National Guard is postponing most of its planned training in early September because of federal budget issues. The Army National Guards of Hawaii and Guam also said Friday they are postponing upcoming drills. There was no immediate response Saturday to messages left seeking comment from the Ohio National Guard and the Pentagon.» Read More
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.
Former Home Security chief Michael Chertoff, The Chertoff Group, discusses the next steps in the fight against terrorism, and why the US needs to stay in Afghanistan and re-examine its relationship with the government of Pakistan. With Lawrence Bossidy, former Honeywell chairman & CEO.
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.
CNBC's Eamon Javers has the breakdown of the defense company's earnings.
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.
Rep. Mike Coffman (R-Colo.) has introduced legislation to stop China's complete control of crucial rare-earth metals. The country has manipulated the market so it has a near monopoly, and Coffman introduced this legislation so the U.S. could continue to meet its defense needs.
CNBC's Jane Wells has the details on the F-22 Raptor's program winding down and the F-35 facing more delays.
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
The decision by the Pentagon to hand a $30 billion contract to Boeing to supply refueling planes to the US Air Force has raised eyebrows across Europe and the defense industry as the tender had originally gone to a consortium led by Europe's EADS.
The U.S. Navy is hoping to put into context the cost and the purpose of the flyover of four F-18 fighter jets on Super Bowl Sunday.
With the nation's deficit continuing to balloon, the knife is out to slash budgets. One of the items on the chopping block is the defense budget.
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