Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.» Read More
News of Malaysian Air 17's crash in Eastern Ukraine sent a ripple effect through the markets, says "Fast Money" trader Jon Najarian.
FARNBOROUGH, England, July 17- Traditionally companies which have guarded their secrets closely, arms makers are opening up to partnerships and technology sharing to meet the demands of overseas buyers they need to offset budget cuts at home.
A Boeing executive says space exploration must be resold to the public in these days of tight budgets and declining interest.
*Airbus, Boeing offer cheaper options than scrapped Nimrod. FARNBOROUGH, England, July 17- Two high-profile sea searches have exposed a shortfall in Britain's maritime patrol capabilities, raising hopes at rival planemakers Airbus and Boeing that they could soon be fighting over a multi-billion dollar contract.
CAPE CANAVERAL, Fla., July 16- The U.S. Air Force released the first of up to eight solicitations for space launch services outside of its controversial, exclusive, multibillion-dollar agreement with United Launch Alliance, a partnership of Lockheed Martin and Boeing.
FARNBOROUGH, England, July 16- A potential collaboration between Australia and Norway could reduce the costs of integrating Kongsberg Gruppen's Joint Strike Missile into Lockheed Martin's new F-35 fighter jet, the Norwegian Air Force said on Wednesday.
Boeing fell $1.72 or 1.3 percent, to $127.38. Lockheed Martin Corp. fell$. 87 or. 5 percent, to $161.75. Northrop Grumman Corp. fell$. 08 or. 1 percent, to $123.07.
Boeing fell $1.23 or 1.0 percent, to $127.87. Lockheed Martin Corp. fell$. 97 or. 6 percent, to $161.65. Northrop Grumman Corp. fell$. 25 or. 2 percent, to $122.90.
FARNBOROUGH, England, July 16- A potential collaboration between Australia and Norway could reduce the development costs of Kongsberg Gruppen's Joint Strike Missile, designed for use in Lockheed Martin's F-35 fighter jet, the Norwegian Air Force said on Wednesday.
FARNBOROUGH, England, July 16- ASL Aviation, an Irish aviation services company, on Wednesday signed a letter of intent to buy up to 10 of Lockheed Martin Corp's LM-100J commercial freighters as the launch customer for the new turbo-prop airplanes, Lockheed said in a statement.
FARNBOROUGH, England, July 15- U.S. military officials have approved limited flights for Lockheed Martin's F-35 fighter jets, but the Pentagon said the newest U.S. combat jet would not make its international debut before potential buyers this week.
The Pentagon has decided not to send Lockheed Martin F-35 fighters to a UK air show amid mechanical problems with the weapons project.
The U.S. military granted Lockheed Martin's F-35 the right to fly on Tuesday, raising the odds that the fighter jet could still debut.
Some of the names on the move ahead of the open.
FARNBOROUGH, England, July 15- U.S. military officials have approved limited flights for Lockheed Martin's F-35 fighter jets, improving the chances of the newest U.S. combat jet making its international debut before potential buyers this week.
Boeing rose $1.62 or 1.3 percent, to $129.71. Lockheed Martin Corp. rose $1.00 or. 6 percent, to $161.31. Northrop Grumman Corp. rose$. 49 or. 4 percent, to $122.16.
Singapore, Greece among F-16 upgrade opportunities. FARNBOROUGH, England, July 14- Europe's largest defense contractor BAE Systems expects to win more than half of the $10 billion market to modernize F-16 fighter jets, saying its cost-effective offering could give it an edge in the battle with Lockheed Martin.
Boeing rose $1.41 or 1.1 percent, to $129.50. Lockheed Martin Corp. rose$. 51 or. 3 percent, to $160.82. Northrop Grumman Corp. rose$. 34 or. 3 percent, to $122.01.
Despite an engine fire, Lockheed Martin remains hopeful that its troubled F-35 fighter will make its debut at the Farnborough International Airshow.
FARNBOROUGH, England— Lockheed Martin and the U.S. military say they are still hoping to show off the F-35B fighter at the Farnborough International Airshow— even though time is running out to get the aircraft across the Atlantic.