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Lockheed Martin Corp

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  • THIS will be critical for space travel: SpaceX exec Tuesday, 12 May 2015 | 12:59 PM ET
    Gwynne Shotwell, SpaceX COO

    This is the crucial factor for space travel proliferation, says SpaceX president and COO Gwynne Shotwell.

  • Does Elon Musk have one more trick up his sleeve? Tuesday, 12 May 2015 | 7:00 AM ET
    The unmanned Falcon 9 rocket launched by SpaceX lifts off from the Cape Canaveral Air Force Station in Cape Canaveral, Florida January 10, 2015.

    Elon Musk's venture is taking off as it snares major space contracts. Now rivals like UAL and Blue Origin are vying for the niche market.

  • PARIS— Airbus' troubled A400M military plane has hit turbulence once again. Shares in Airbus Group fell on the prospect of more trouble with the model. Airbus and government officials haven't publicly announced the cause of the weekend's crash near Seville, but the voice and flight data black boxes have been recovered and delivered to a Spanish judge...

  • New Saudi king snubs meetings in US Monday, 11 May 2015 | 2:12 AM ET
    Saudi King Salman

    Saudi Arabia says King Salman will not attend meetings at the White House or a summit gathering at Camp David this week.

  • NEW YORK, May 11- It wasn't long ago that politics, like religious orientation or sexual preference, was a taboo topic in the American workplace. The Washington trade group, which has offices across the street from the White House, helps firms such as Wal-Mart, Halliburton and Lockheed Martin mobilize employees on policy issues important to the companies.

  • WASHINGTON, May 7- Boeing Co will struggle to boost international sales of its F/A-18E/F Super Hornet fighter jets despite a $3- billion- plus deal expected soon with Kuwait, analysts and industry executives said. The Kuwait order will help extend production at Boeing's St. Louis facility into 2019, and preserve its ability to compete for fighter orders from...

  • WASHINGTON, May 6- Kuwait is expected to announce in coming weeks an order for 28 Boeing Co F/A-18E/F Super Hornets, a $3 billion- plus deal that will keep the jets' St. Louis production line running well into 2019, according to people familiar with the deal. The expected deal would make Kuwait the second foreign country after Australia to order the new Boeing jets.

  • Air Force Secretary Deborah James last week said the Air Force expects to finalize the terms of the competition by the end of May, and could award contracts for prototypes of new U.S.-fueled launch vehicles as early as September. The current sole launch provider, United Launch Alliance, a joint venture run by Lockheed Martin Corp and Boeing Co, is working on a new...

  • OTTAWA, May 1- Canadian officials said on Friday a C $26.2 billion program to build 15 naval ships could end up below target and over budget, the latest challenge to Canada's troubled military procurement process. "Do we think that the C $26.2 billion is going to become the sort of ceiling cost in the time frame we're talking about? Canada's official spending...

  • Surprise! Women trump men on CEO pay Thursday, 30 Apr 2015 | 10:31 AM ET
    Marissa Mayer, president and chief executive officer at Yahoo! Inc.

    Female CEO pay, on average, outstrips pay to all the male CEOs of the 100 largest publicly held companies reports USA Today.

  • PARIS, April 27- Sweden's Saab AB on Monday ruled out facilitating the sale of Gripen fighter aircraft to Argentina as the result of a deal to build and export combat jets from Brazil. Saab said it was not involved in any discussions involving Argentina. Saab has sold 60 Gripen Es to Sweden and is finalizing an order for another 36 to Brazil, which will also...

  • WASHINGTON, April 27- The Pentagon's internal watchdog on Monday said it found 61 violations of quality management rules and policies during an inspection of Pratt& Whitney's work on the F-35 fighter jet engine and warned the problems could lead to further cost increases and schedule delays on the biggest U.S. arms program. More than half of the problems were...

  • WASHINGTON, April 27- The Pentagon's internal watchdog on Monday said it found 61 violations of quality management rules and policies during an inspection of Pratt& Whitney's work on the F-35 fighter jet engine and warned that the problems could lead to further cost increases and schedule delays on the biggest U.S. arms program. More than half of the problems...

  • Correction protection. 3 best Street ideas on week Saturday, 25 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    CNBC Pro highlights the three best strategy notes that came across our desk this week.

  • April 23- U.S. weapons maker Raytheon Co's chief financial officer said he was "really excited" about the strength of international orders, after the maker of Tomahawk and Amraam missiles reported better-than-expected quarterly sales on Thursday. Raytheon's bookings rose 4.1 percent in the first quarter, partly due to a $769 million order for its Patriot...

  • Raytheon sales fall amid weak U.S. defense spending Thursday, 23 Apr 2015 | 7:06 AM ET

    April 23- U.S. weapons maker Raytheon Co, the maker of Tomahawk and Amraam missiles, reported a 4 percent fall in quarterly sales as U.S. defense spending remained weak. Net income attributable to Raytheon fell to $551 million, or $1.79 per share, in the first quarter ended March 29, from $596 million, or $1.89 per share a year earlier. Raytheon said on Monday that it...

  • South Korea seeks bigger role in global arms bazaar Wednesday, 22 Apr 2015 | 4:53 AM ET

    While Park did not come away with a new contract, state-run Korea Aerospace Industries is in the running for a contract to supply Peru with 24 of its FA-50 fighter jets, worth as much as $2 billion. The industry, developed mostly with American technology during a decades-long standoff with North Korea, is hoping to sustain that growth by selling beyond its main...

  • WASHINGTON, April 21- The U.S. House of Representatives is expected to consider, and pass, on Wednesday a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without fear of lawsuits. The Senate Intelligence Committee passed its version of the legislation 14-1 in March and aides said...

  • WASHINGTON, April 21- The U.S. House of Representatives is expected to consider, and pass, on Wednesday a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without fear of lawsuits. The Senate Intelligence Committee passed its version of the legislation 14-1 in March and aides said...

  • Released just days before the April 24 deadline for public comment on newly proposed FAA drone regulations, the report's sponsors include companies that are involved in drone technology or hope to use the devices to cope with hurricanes, earthquakes, wild fires and other disasters. The sponsors include Boeing Co, Lockheed Martin Corp, United Parcel Service...