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Defense Aerospace & Defense

  • PARIS, Sept 19- The head of MBDA expects Italian defense contractor Leonardo to remain a shareholder in the European missiles maker, signaling a potential asset swap between its owners is off the table. The maker of Meteor air-to-air weapons and the Storm Shadow/SCALP cruise missile is owned by France's Airbus and Britain's BAE Systems, which both have a 37.5...

  • *Envisions "domino effect" needs to happen for China A380 orders. BEIJING, Sept 19- Chinese airlines could need between 60 and 100 Airbus A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo. China is the world's fastest growing aviation market...

  • *Envisions "domino effect" needs to happen for China A380 orders. BEIJING, Sept 19- Chinese airlines could need between 60 and 100 of Airbus SE's A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo. China is the world's fastest growing aviation...

  • BEIJING, Sept 19- Airbus SE's China head Eric Chen on Tuesday said the French plane maker expects Chinese airlines to need between 60-100 of its A380 jets over the next five years, amid question marks over future global demand for the superjumbo. China is the world's fastest growing aviation market and is a key battleground for Airbus and its main U.S. rival Boeing...

  • President Donald Trump and Canadian Prime Minister Justin Trudeau walk from the Oval Office to the Residence of the White House in Washington, U.S. February 13, 2017.

    Prime Minister Justin Trudeau said Canada will not buy Boeing's Super Hornet jets if it continues to pursue a lawsuit against Bombardier.

  • LOS ANGELES— A California engineer who worked for a defense contractor was sentenced Monday to five years in prison for selling sensitive satellite information to an undercover FBI employee he thought was a Russian intelligence agent. District Judge George H. Wu handed down the term for 50- year-old Gregory Allen Justice of Culver City, an engineer on...

  • North Korea missile defense is front and center: Cowen defense analyst

    Roman Schweizer, aerospace and defense policy analyst at Cowen, discusses Northrop Grumman's acquisition of Orbital ATK.

  • NEW YORK— The latest on developments in financial markets:. JPMorgan Chase rose 1.4 percent, while chipmaker Nvidia jumped 4.1 percent. Aerospace manufacturer Orbital ATK soared 20 percent after agreeing to be acquired by Northrop Grumman.

  • Northrop Grumman to buy Orbital ATK in $7.8B deal

    The "Squawk on the Street" news team talks about Northrop's deal to acquire missile maker Orbital ATK.

  • VIENNA, Sept 18- Airbus denied any wrongdoing in a submission on Monday to Austrian prosecutors investigating allegations of fraud and wilful deception over a $2 billion fighter deal and threatened the country's defense minister with legal action. Europe's largest aerospace company, which has repeatedly denied the allegations, said Austria's Defence...

  • Northrup buying Orbital for about $7.8 billion

    CNBC's Morgan Brennan takes a closer look at Northrop Grumman's bid to buy Orbital for about $134.50 per share.

  • VIENNA, Sept 18- Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal. Vienna prosecutors are investigating Airbus, the Eurofighter consortium and individuals including Airbus chief Tom Enders following a legal complaint from the...

  • VIENNA, Sept 18- Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal. Vienna prosecutors are investigating Airbus, the Eurofighter consortium and individuals including Airbus chief Tom Enders following a legal complaint from the...

  • VIENNA, Sept 18- Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal. Vienna prosecutors are investigating Airbus, the Eurofighter consortium and individuals including Airbus chief Tom Enders following a legal complaint from the...

  • VIENNA, Sept 18- Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal. Vienna prosecutors are investigating Airbus, the Eurofighter consortium and individuals including Airbus chief Tom Enders following a legal complaint from the...

  • An Iron Dome short-range missile defense system, positioned near the northern city of Haifa in Israel

    If South Korea is going to protect itself from North Korean missiles, it may want to talk to a country with experience.

  • A woman holds a fan at the newly-opened US embassy in Cuba, prior to the flag-raising ceremony led by U.S. Secretary of State John Kerry, on August 14, 2015, in Havana, Cuba.

    Scientists still have a big mystery to solve

  • Donald Trump

    China's ambassador to the U.S. on Friday called on the U.S. to refrain from making threats over North Korea.

  • BRASILIA, Sept 15- Brazil's government has approved a plan by American Airlines Group Inc to build a maintenance center at Sao Paulo's Guarulhos airport, a $100 million investment that will help the U.S. carrier consolidate its South American operations. Reuters first reported in March that the U.S. airline planned to set up its first aircraft maintenance...

  • NEW YORK— U.S. stocks are rising Friday as technology companies turn higher and Boeing continues to lead industrial companies. Stocks in the U.K. slumped and the pound rose after the Bank of England suggested it will start raising interest rates soon. The Nasdaq composite added 15 points, or 0.3 percent, to 6,444. The Russell 2000 index of smaller-company stocks...

Defense Contractors