The Turkish shoot down of an antiquated Russian jet may have been the result of American made air superiority.» Read More
Read ahead to see the most expensive U.S. military programs currently under way.
Take a look at some of Thursday's midday movers:
The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.
Perhaps no industry has been as male dominated as the defense industry. Now, two major contractors, including the largest defense company in the world, will soon be led by women.
Lockheed Martin has terminated its incoming CEO Christopher Kubasik for an alleged ethics violation, reports CNBC's Bertha Coombs. The company names Marillyn Hewson its CEO.
HERZLIYA, Israel, Oct 30- Lockheed Martin Corp said on Tuesday that it was making progress on resolving technical issues facing the cutting-edge helmet being developed for use by F-35 fighter pilots, and it cited positive initial reports from night flight tests of the system.
WASHINGTON, Oct 25- U.S. weapons maker Lockheed Martin Corp said on Thursday it faced a potential termination liability of $1.1 billion on the F-35 fighter program unless it received additional funding for production of a sixth batch of airplanes by year end.
WASHINGTON, Oct 25- Raytheon Co, maker of Patriot missiles, radar and other military equipment, reported higher-than-expected quarterly earnings on Thursday despite a 1 percent drop in revenues, and it raised its forecast for 2012 earnings.
WASHINGTON, Oct 25- Raytheon Co, maker of Patriot missiles, radar and other military equipment, reported higher-than-expected quarterly earnings despite a 1 percent drop in revenues, and raised its forecast for 2012 earnings.
NEW YORK, Oct 24- Global shares fell on Wednesday as investors soured on another round of underwhelming corporate results, while the euro slipped on signs that the euro zone is heading toward a deeper recession than previously feared.
*Wall St falls after end of two-day Fed policy-making meeting. NEW YORK, Oct 24- Global shares fell on Wednesday after the Federal Reserve stuck to its plan to keep stimulating U.S. growth, while the euro slipped on signs that the euro zone is heading toward a deeper recession than previously feared.
*Boeing shares down 0.3 pct, General Dynamics up 2.3 pct. Lockheed Martin Corp, Boeing Co's defense division and Northrop Grumman Corp reported higher earnings and solid margins despite weakening sales.
Boeing shares up 1 pct, General Dynamics up 3.7 pct. Lockheed Martin Corp, Boeing Co's defense division and Northrop Grumman Corp reported higher earnings and strong margins despite weakening sales, driving their shares higher on the New York Stock Exchange.
Oct 24- Lockheed Martin Corp, the largest U.S. weapons maker, on Wednesday posted an 11 percent increase in third-quarter earnings, beating expectations by a wide margin, and raised its full-year forecast. It raised its 2012 earnings forecast to a range of $8.20 to $8.40 from a range of $7.90 to $8.10.
BETHESDA, Md.-- Lockheed Martin Corp. said Wednesday its third-quarter net income rose 4 percent, as lower pension-related costs helped offset a drop in revenue. The results beat Wall Street predictions and the Bethesda, Md.- based aerospace and defense contractor also raised its full-year profit and revenue predictions.
Choppy, choppy...another day with no follow through from the prior day. Futures up all night after the big down day yesterday. It's like every day we wake up and there is no memory of the prior days.
Boeing fell$. 69 or. 9 percent, to $73.01. Lockheed Martin Corp. fell $1.16 or 1.3 percent, to $91.61. Northrop Grumman Corp. fell$. 82 or 1.2 percent, to $69.38.
General Electric and Military Families at Syracuse University are developing a reference guide that employers can use to help them more effectively recruit and mentor veterans.
WASHINGTON, Oct 11- Republican Mitt Romney would accelerate spending on new U.S. Navy warships, cut the Pentagon's civilian workforce and speed up development of new weapons systems if he wins the 2012 presidential election, two advisers said on Thursday.
*Canadian company D-Wave lands $30 million investment.