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  • "We did have a concern about data that should not have been released," Air Force Chief of Staff General Mark Welsh told industry executives and foreign military officials at an event hosted by the Atlantic Council think tank. That's why the Air Force highlighted that as an issue, "Welsh said. The report was released the same day that Boeing Co and Lockheed Martin Corp...

  • A Sikorsky UH-60 Black Hawk helicopter during a military exercise.

    The big U.S. defense companies have used piles of cash to increase buybacks and dividends. Now they're going to move ahead on mergers and acquisitions, say analysts.

  • WASHINGTON, Nov 24- The U.S. Air Force is looking into how classified data about a competition for a next-generation U.S. bomber found its way into a report published by Forbes magazine, according to several sources familiar with the issue. Boeing Co and Lockheed Martin Corp this month filed a formal protest against the Air Force's contract with Northrop Grumman...

  • File photo of an F-16 Fighting Falcon.

    The Turkish shoot down of an antiquated Russian jet may have been the result of American made air superiority.

  • Investors in security and defense companies may stand to benefit from redoubled government efforts to stamp out terrorism.

  • WASHINGTON, Nov 20- The U.S. Navy will likely map out the future for a new armed, carrier-based drone as part of its fiscal 2017 budget proposal after completion of a Pentagon- wide study of surveillance and intelligence needs, a Navy official said on Friday. The official, who asked not to be named, said the long-delayed competition would likely focus on a drone for...

  • WASHINGTON, Nov 19- The top acquisition officials at the U.S. Air Force and Army are leaving their jobs in what industry executives and government officials say are typical "end of administration" moves ahead of the 2016 presidential election. The Air Force said William LaPlante, assistant secretary for acquisition, will rejoin MITRE Corp, a non-profit group...

  • Jim Cramer on Mad Money.

    "Mad Money" host Jim Cramer points out one tech company breaking out that must be on your watch list.

  • The US flag flies near the U.S. Air Force's B-2 Spirit Stealth bomber 'Spirit of Georgia' at the Northrop Grumman Corp. facility at U.S. Air Force Plant 42 in Palmdale on July 17, 2014

    Jim Cramer thinks the next Presidential election could mean this group of stocks will shoot through the roof.

  • Nov 17- U.S. defense stocks, already on the upswing following the recent budget deal, are expected to rise further if the Paris attack gives a fillip to rising international sales. Lockheed Martin Corp, Raytheon Co, and Northrop Grumman Corp are among companies poised to benefit the most, analysts said. With France and Russia bombing Islamic State targets in Syria...

  • *Urban Outfitters, Dick's Sporting sink on weak results. Nov 17- Wall Street looked set to open higher on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed some concerns after last week's sharp selloff in retail stocks. Shares of Wal-Mart rose 1.8 percent to $58.90, while Home Depot was up 2.8 percent at $124.18 in premarket trading.

  • Trader on the floor of the New York Stock Exchange.

    Don't sell on fear or uncertainty!

  • NEW YORK, Nov 16- When Carly Fiorina started at Hewlett-Packard Co in July 1999, one of her first acts as chief executive officer was to start buying back the company's shares. By the time she was ousted in 2005, HP had snapped up $14 billion of its stock, more than its $12 billion in profits during that time. Following him, Leo Apotheker bought back $10 billion in shares...

  • DUBAI, Nov 13- Northrop Grumman Corp sees possible sales of dozens of its E-2D Advanced Hawkeye airborne early warning aircraft to countries in the Gulf, Asia and North Africa in coming years, despite the loss of an order from the UAE to Sweden's SAAB AB this week, senior company officials said. "We see future opportunities with our existing customers as well as new...

  • *Yemen, Iraq, Syria war strain supply chains. DUBAI, Nov 12- Having rushed to war in Yemen just as oil prices sank, Gulf Arab militaries are in a thrifty mood. Saudi Arabia for example is proceeding with a modernization of its navy, and Kuwait is still poised to buy $3 billion of fighter jets from Boeing on top of $7 billion in Eurofighters.

  • DUBAI, Nov 10- U.S. Air Force Secretary Deborah James defended on Tuesday the process that selected Northrop Grumman Corp to build the next-generation U.S. bomber, saying it was "very deliberate" and included a number of independent reviews. James said the Air Force stood by its decision, announced last month. Government Accountability Office ruled on a formal...

  • DUBAI, Nov 9- A senior Boeing Co. executive on Monday described the loss of an $80 billion U.S. bomber contract last month as a "minor setback" and said the company remained determined to expand its defense business. Boeing suffered a setback last month when the U.S. Air Force chose its rival, Northrop Grumman Corp, maker of the stealthy B-2 bomber, to develop and build a...

  • The Pentagon's two largest suppliers, who worked as a team on the bid, said they believed the Air Force "did not properly reward the contractors' proposals to break the upward-spiraling historical cost curves of defense acquisitions, or properly evaluate the relative or comparative risk of the competitors' ability to perform. The Air Force last week selected...

  • The Pentagon's two largest suppliers said they believed the Air Force "did not properly reward the contractors' proposals to break the upward-spiraling historical cost curves of defense acquisitions, or properly evaluate the relative or comparative risk of the competitors' ability to perform. Neither Northrop nor the Air Force had any immediate comment on...

  • Bear

    Jim Cramer exposes the only two groups right now that have escaped the vicious claws of the rolling bear market.