Discussing market demand for airplanes at the Farnborough Airshow, with James McNerney, Boeing chairman & CEO and CNBC's Phil LeBeau.
Defense Opportunities Remain: CEO
There are great opportunities to create value despite Western governments cutting their defense budgets, Wes Bush, CEO & president of Northrop Grumman, told CNBC at the Farnborough Airshow Monday.
Defense Spending Taking a Hit
"Defense budgets are clearly flattening across the United States and Europe," David Baxt from Jefferies International told CNBC Monday. Baxt spoke to CNBC about the outlook for defense spending at the Farnborough Airshow.
Dreamliner Powered by UK Engine
Thanks to the Dreamliner's Rolls Royce engines, the UK generates 25% of the plane's value every time one is made, Ian Godden, chairman of ADS, told CNBC at the Farnborough Airshow Monday.