Defense Stocks

GE to Buy Italian Aerospace Unit for $4B

General Electric is close to negotiating the purchase of Italy's Avio SpA, a privately held aerospace group, in a deal worth as much as $4 billion. More

NASA Gives $30M More for Space Taxi Certification

NASA will give three companies $30 million to fund the certification process for space vehicles that can reach the International Space Station. More

Rolls-Royce Faces Corruption, Bribery Allegations

Rolls-Royce is facing investigation by British regulators over possible corruption in its overseas operations. More

Cash In on the Coming Drone Wars

As unmanned aerial vehicles go commercial, money will be made. Investment opportunities beckon in both mega-cap defense contractors and smaller, new players. More

3 Defense Plays for an Uncertain Market

Despite defense cuts scheduled for next year, a number of aerospace and defense companies have strong profit potential. Here are three exciting sector opportunities. More

Lockheed’s CEO Resigns Over Inappropriate Relationship

Lockheed Martin's incoming CEO, Christopher Kubasik, was forced to resign on Friday after it emerged that he had engage in an affair with a female subordinate. More