Proposed military budget cuts proposed by the Pentagon last week may be far from what Congress finally agrees on.» Read More
NEW YORK, Oct 21- Sales of business jets are expected reach $18.4 billion this year, up about 8 percent from last year, a sign of further economic strengthening despite some pockets of weakness notably in Asia, according to a forecast by Honeywell Aerospace.
Army leaders are trying to protect investments in programs aimed at developing new weapons, but some programs will likely be delayed, McHugh told reporters at the annual Association of the U.S. Army conference.
It was a "Who's Who" of guests on "Squawk Box"—everybody from Buffett to Bowles, Tepper to Cooperman, and McCain to Corker. "Talking Squawk," the official show blog, covers them all.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Boeing's statement comes as other aerospace and defense companies are assessing their exposure to the shutdown. Boeing said the delays depend on how long the shutdown lasts and would worsen if the budget impasse persists.
So the government shuts down, and Wall Street opens...up. What will get the stock market worried?
The government shutdown will have an immediate impact on workers at the Pentagon. But for the defense contractors? No big deal right now.
CHICAGO, Sept 30- Flexjet, the corporate jet leasing company, plans to add up to 50 long-haul aircraft to its fleet in a potential $3.2 billion deal that could mark its first use of Gulfstream aircraft, as a change in Flexjet's ownership may wean it from Bombardier jets.
WASHINGTON, Sept 18- General Dynamics Corp has won a $187.5 million contract to upgrade 44 M1A1 Abrams tanks and 40 M1A2-model Abrams tanks for Saudi Arabia, the Pentagon announced Wednesday. The contract will help extend production at the company's Lima, Ohio, plant, which is facing challenges due to the U.S. Army's plan to stop tank production for several years.
One of the few things defense experts agree on about Syria is that any military strike will involve Tomahawk cruise missiles made by Raytheon.
Not long ago, emerging markets were seen as economic stars. Now, they pose risks that could hit the bottom line of some multinationals.
$1.6 million per missile. That's the cost of the Tomahawks the U.S. Navy may fire into Syria. But will that be a boon for Raytheon, which makes them?
The United States is unlikely to make significant cuts in assistance to Egypt, despite calls from Congress to do so and a Cabinet-level meeting this week.
Warren Buffett's Berkshire Hathaway sharply reduced its holdings of Kraft Foods and Mondelez during the second quarter.
After the latest Fed announcement, one Wall Street pro says the best bets for August are the S&P 500 stocks that can grow organically without Bernanke being involved.
Within days of breaking through to record highs, stocks are set to smash through another milestone, but after 1700, the path for the S&P 500 is less certain.
Investors appear to be betting that the U.S. defense industry will be able to offset tens of billions in shrinking orders for swords with new, long-term contracts for plowshares.
After a two-week hiatus for summer break, Talking Squawk, the official "Squawk Box" blog, is back (lucky you) with all the tidbits, insights and sarcasm you expect.
Check out which companies are making headlines after the bell Wednesday: