the ground base ballistic missile gmd -- ground base missile defense. this is a system senator cotton talked about 45 interceptor os in alaska and california by the end of this year. this system does not work. it cannot protect the united states from a sophisticated, even north korean ballistic missile attack here's why. the problem with the defense system were detailed in 1980s bit proponent of the fdi program, propoangt of the "star wars" we have to go to space. you remember those cartoons, those of you who were around then. cartoon of these weapon satellites shooting -- "star wars" like lasers and blowing up incoming warhead like popcorn you needed to go to space because ground base ballistic missile flawed it would not work o. i have daniel graham book promoting frontier i went at the center for straw strategic studies i thought he was nuts but then comments on the ground were absolutely spot on. number one, a ground base missile system can be easily overwhelmed it is far cheaper for offense to proliferate warhead than for defense to proliferate def

and when you and i were in school, 40% is not a passing grade. >> and the gmd is still small. u.s. defense official familiar with the program says it was designed to defend against a rogue missile, not a full scale attack. at the end of this year, there will still be fewer than 50 of these defensive missiles in place. so that means if a barrage of icbms were launched towards the united states, even if everything worked perfectly, the system would be simply overwhelmed. so this is a gene yun race with the north koreans rushing to expand and improve their arsenal and the united states trying to stay ahead of that threat? erin? >> unbelievable. it is a fantastic report. as tom points out, even the success so far 25% success ratio. thank you, tom. and next the fight against trump's voter fraud investigation growing tonight. the former top official saying it is a threat to national security. >>> and big foot, flaying saw sers and amelia earhart. the nation's obsession over the amelia earhart mystery. (grunts of effort) can we do this tomorrow? if you have heart failure symptoms, yo

gmd has come under fire for a spotty success rate, but in may it did destroy a mock icbm you can seewmakers want to boost the number of interceptors we have a neu bipartisan bill that would at more than two dozen to ft. greeley the other is california, vandenberg that number is already growing demand for all of these systems is growing, both here and says among other allying. all the stocks are trading higher day, all of more than 1 percent on the heels of this latest test. >>> more are morgan, stick around, howard rubebell is with us it's hard to talk about what stocks to buy whether you say who is best prepared, what would they be? raytheon first and foremost. they have the best ground-based system, and integrated solution as well. other important participants are orbital atk, provides the boost system for the gmd and aerodebt rocket dine who provides the missile, standard missile and for the t.h.a.d. program >> do so we that i that the u.s. will much more of the products or is that spending already cut in stone should we be adding to the positions if you own these stocks because o

my last time in the department of dense was over ten years ago running the gmd program, grand-based mid course defense to defeat a launch of icbm out of north korea. we'd placed all the intercepters, i think 40 of them up in alaska. the koreans -- north koreans are learning quick already. ten missile tests this year, you know -- they're going to continue to evolve their capability. we need to evolve our capability and make sure we have sufficient inventory in alaska and other places to protect against a launch or a threat from the north koreans. >> thank you. thank you, mr. chairman. >> well, mr. shanahan, i want you to look at the answers that you gave, the standard answers that you proposed to. some of them were less than specific. at least one of them and more were almost insulting. i want to move forward as quickly as i can with your nomination. that 90% of defense spending is in the hands of five corporations. of which you represent one. i have to have confidence that the fox is not going to be put back into the henhouse. shanahan, i think you're a fine man. you have an outstanding

gmd has come under fire for spotty success rate, but in may, it did destroy a mock icbm lawmakers wantt the number of intercepters for the system as well a new bipartisan bill would add more than two dozen to alaska's ft. greyly, this is one of two sites where they are currently deployed and where the numbers are already growing this year. lastly there are other defense systems in use around the world as well. these are more regional in nature from lockheed martin and demand for all of these systems is growing, both here and abroad along our allies back over to you >> all right morgan, thank you. morgan bren. so what happens next with north korea? let's bring in military analysts, colonel jack jacobs who joins along with william cohen. thank you both for joining us. >> and colonel, let me begin with you because it's interesting the report that morgan just gave highlighted that we had a deficiency in the antimissile systems, is that right? >> yeah, we do and first of all, performance is not what we would like it takes a long time to develop these systems and make them work secondly, we

. >> thought it made more sense missing on gmd, growth merchandise volume, shares still down 4.5%.ntime, if a company lays off 80% of a division it's a good bet it's getting out of that business, and that's the situation that chip-maker intel finds itself in after struggling with wearables up next, the inside story behind the shutdown a used car, to keep our community safe. before you do any project big or small, pg&e will come out and mark your gas and electric lines so you don't hit them when you dig. call 811 before you dig, and make sure that you and your neighbors are safe. 811 is available to any business our or homeownerfe. to make sure that you identify where your utilities are if you are gonna do any kind of excavation no matter how small or large before you dig, call 811. keep yourself safe. >>> welcome back a couple more for the record books. with small gains to the nasdaq, up five points and the russell 2000 up half a point those are new high water marks the dow down 29 and s&p slightly negative and this after they all closed at record highs yesterday. by the way, ten s