Lockheed Martin has been demonstrating the capabilities of its unmanned helicopter, the K-MAX, as a firefighting tool.» Read More
Take a look at some of Monday morning's early movers:
The week's top business news and investing advice, including top picks for 2012 and defense, with CNBC's Mandy Drury.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
Credit Suisse says Mitt Romney is the best candidate for the defense industry, but some companies aren't waiting to see who wins the 2012 election, reports CNBC's Jane Wells. Brian Ruttenbur, Morgan Keegan & Co., and Cai von Rumohr, Cowen & Co., discuss whether defense stocks are poised to fall or rise.
Why Iran and China could keep the Defense Department busy, with CNBC's Jane Wells.
Stocks eased off their highs in the final minutes of trading, but still finished the first trading day of 2012 with a bang, as Wall Street cheered a handful of better-than-expected economic reports from around the world.
US stocks are off the highs Tuesday afternoon, but still strong gains in financials, materials, industrials, energy stocks all up 3 percent. Volume lighter since the European close at 11:30am ET — looks like our European friends were putting some money to work here.
Futures soared, pointing to a sharply higher open on the first trading day of the New Year as investors were encouraged by a manufacturing report from China.
Wall Street closed with a head of steam Tuesday, with a rally powered ahead by hopes for the financial market, relief for banks and a bit of short-covering thrown in for good measure.
US stock index futures were pointing to a strongly higher open for Wall Street on Tuesday after a report showing German business optimism rising unexpectedly and as Spanish short-term financing costs fell sharply.
Considering Iran said it captured an American drone, will lawmakers turn negative on the technology as they cut defense spending?
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Stocks ended lower in a thin, volatile session Tuesday, with the S&P and Nasdaq logging a fifth-consecutive decline as investors remained cautious over uncertainty in the euro zone and after a tepid GDP report.
Futures edged lower Tuesday following a lower-than-expected GDP figure and following the previous session’s sharp sell off.
There are still some things made in America. Inside a massive building in Niles, Ohio, furnaces burning at temperatures of up to 4,000 degrees are melting titanium, a lightweight but strong metal which goes into airplanes, tanks, and artillery.
On one hand the idea of another record year for aerospace manufacturing hardly makes sense, and yet on the other, air travel remains an industry that is still expanding.
The German Bundestag has reportedly approved a strengthening of the European Financial Stability Facility. China is waiting, but will make a move soon. The head of the EFSF, Klaus Regling, is going to China and likely other Asian countries to seek money for his fund.
About 65 companies in the S&P 500 have increased dividend payouts by more than 1 percent so far this year.
A business consortium that includes Lockheed Martin and Barclays bank plans to invest as much as $650 million over the next few years to slash the energy consumption of buildings in the Miami and Sacramento areas. It is the most ambitious effort yet to jump-start a national market for energy upgrades that many people believe could eventually be worth billions. The New York Times reports.
How much do you know about the business side of the aerospace and defense industries? Take our quiz and find out.