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Defense

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  • Uncle Sam taking money out of your wallet

    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.

  • White House Weighs Response to Mail Bomb Plot Monday, 1 Nov 2010 | 8:35 AM ET

    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.

  • UK Should Not 'Kowtow' to the US on Flight Security Wednesday, 27 Oct 2010 | 5:02 AM ET
    British Airways planes parked at Heathrow 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.

  • Computer Virus May Target Iran Nuclear Plant Friday, 24 Sep 2010 | 7:24 AM ET
    Close up of someone typing on a laptop.

    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.

  • Gulf States in $123 Billion US Arms Spree Tuesday, 21 Sep 2010 | 10:01 AM ET
    Lockheed Martin's F-35

    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.

  • The Defense Sector’s Next Takeover Target? Monday, 20 Sep 2010 | 6:52 PM ET

    Cramer thinks three company could catch a bid. But he’d rather see you buy a different stock instead.

  • GAO Dismisses Some, Not All of Tanker Protest Friday, 17 Sep 2010 | 1:58 PM ET

    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.

  • UK Aborts Raytheon Border Control Contract Thursday, 22 Jul 2010 | 11:08 AM ET
    Raytheon headquarters in Waltham, MA

    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.

  • Analyst Watch: ETFs, Europe, Canada Tuesday, 22 Jun 2010 | 7:38 AM ET

    Here's what analysts and others say they're watching before the bell Tuesday.

  • Boeing Seeks New Heights in 2010 Tuesday, 11 May 2010 | 3:42 PM ET
    A Boeing 787 Dreamliner lands after its long-waited first flight.

    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.

  • How Much Does a Jet Fighter Really Cost? Wednesday, 21 Apr 2010 | 4:54 PM ET
    Lockheed Martin's F-35 making its maiden flight on April 20, 2010 in Fort Worth, Texas

    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.

  • EU Expands Airline 'Blacklist' to Sudan, Philippines Wednesday, 31 Mar 2010 | 4:48 AM ET
    Airplane

    The EU banned all airlines from the Philippines and Sudan from flying into the region’s airports Tuesday, citing “serious safety deficiencies” found by the UN and U.S. aviation authorities, the New York Times reports.

  • Lockheed Martin's Rock Band Sings a New Tune Tuesday, 30 Mar 2010 | 3:26 PM ET

    Who knew a defense company could be hip? All those guys with slide rules and pocket protectors. I know, I know. It's not like that anymore. Well, not so much.

  • Raytheon Raises Dividend, Plans $2 Billion Buyback Wednesday, 24 Mar 2010 | 7:31 PM ET

    Defense contractor Raytheon's board on Wednesday raised its annual dividend by 21 percent to $1.50 and authorized a repurchase of up to $2 billion in stock.

  • Georgia Is Emerging from its 'Perfect Storm': President Thursday, 18 Feb 2010 | 4:54 AM ET

    Georgia suffered a double shock in the summer of 2008 as it entered a brief war with Russia just before the collapse of Lehman Brothers signaled the start of the global economic crisis. But the troubled country is now putting its tough times behind it, Georgian President Mikheil Saakashvili told CNBC Wednesday.

  • As the economy recovers and the outlook for jobs improves, employers are looking to hire again. That’s why now is a good time for the business community to make a belated resolution for 2010: to make the hiring of Soldiers and veterans a top national priority.

  • Airbus Considering Dropping A400M Military Plane Tuesday, 5 Jan 2010 | 4:53 AM ET

    An Airbus official says the company is considering scrapping its A400M European military plane project just weeks after the maiden flight of the grossly over-budget plane.

  • Britain Pulls the Plug on its UFO Unit Friday, 4 Dec 2009 | 9:52 AM ET

    Britain's military has closed a hotline that took reports of unidentified flying objects, or UFOs.

  • Cramer: 6 Plays on Afghanistan Troop Surge Thursday, 3 Dec 2009 | 7:36 PM ET

    A number of stocks could work, but these are the best.

  • A Day On The USS Harry S. Truman Wednesday, 11 Nov 2009 | 1:56 PM ET

    Over the years I’ve traveled on many field assignments, met CEOs of the biggest companies on earth, and powerful world leaders. In the past I’ve been humbled by some of these experiences. But last week I had one of the most truly humbling and eye-opening experiences of my life, and it had nothing to do with meeting an executive or a member of royalty. It was the men and women of The United States Navy.

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