Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.» Read More
"The world is going to want to find a compromise," said David Kelly, chief market strategist at J.P. Morgan Funds.
The U.S. military's human footprint is shrinking, but its robotic fighting force is on the rise, transforming the battlefield in air, land and sea.
Holders of U.S. defense stocks expressed relief that the budget spares most big arms firms. But not everybody wins.
F-35 JOINT STRIKE FIGHTER The Pentagon said it remained strongly committed to the Lockheed Martin Corp F-35 fighter jet program, which includes an engine built by Pratt& Whitney, a unit of United Technologies Corp. Northrop Grumman Corp and Britain's BAE Systems Plc also provide significant components for the aircraft.
OTTAWA/ WASHINGTON, Feb 14- U.S. weapons maker General Dynamics Corp has won a contract worth up to $13 billion for its Canadian division to build light-armored vehicles for Saudi Arabia, in what Ottawa said was the largest advanced manufacturing export win in Canadian history.
WASHINGTON, Feb 14- U.S. weapons maker General Dynamics Corp said on Friday it had won a contract valued at up to $13 billion from the Canadian government to build military and commercial vehicles for an international customer.
*Asia, Gulf to drive global defence growth in 2014. LONDON, Feb 12- Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis.
Boeing posted quarterly results Wednesday that exceeded expectations, but share prices dropped sharply on its 2014 revenue and profit projections.
The bull run in defense stocks is expected to continue, despite lingering concerns about federal spending.
Some of the names on the move ahead of the open.
China is preparing to welcome private aircraft, a move that may herald the greatest expansion of business and private aviation in 30 years.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
The Pentagon faces the retirement of its de facto chief operating officer, and his exit could have a big impact on the defense industry.
Cramer’s committed to finding bull markets. Sometimes he spots them in the most unlikely places.
Take a look at some of Wednesday's midday movers:
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
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.
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.