that satellite also made here in the bay area by lockheed martin. send it back to you guys. >> okay. thanks so much scott. >> you bet. >>> just ahead, they don't have the measles, but 24 students sent home from school because of the outbreak linked to disneyland. the reason they've been told to stay away for several days. >>> something that rarely happens in this south bay community. the video that shows this man forcing a 7-eleven clerk to empty two cash registers. >>> two -- we have rd-180 ignition and we have lift-off. >> and there it goes. we just told you about it. now we have the video to show you. just came into our newsroom. it blasted into space just a few minutes ago. it's carrying a satellite, that rocket there, that was built here in the bay area. and american soldiers will be safer because of the silicon valley technology that's on board that will better protect their communication out in the fields. >>> well we want to show you some surveillance video. it shows this crook holding up a 7-eleven clerk and forcing him to empty two cash re

. >> caller: lockheed martin. >> we love lockheed martin. that's a buy. >> thanks for taking my car. how about trw? >> i like the auto parts more than the auto makers including trw. and that ladies and gentlemen is the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade. >> oil has a hold above $45 and natural gas must stay around $3 or look out below. those are the black magic levels where a home grown shale discoveries become uneconomic for most u.s. companies to drill in. those are the make or break levels for this once thriving industry. this morning we got pretty amazing aggregate drilling numbers. that's for oil and gas analysis and the numbers are down. right now at these prices almost every single important u.s. shale play is teetering on the border where it makes no sense to drill at all. just not worth it. get aload of these figures. right now the bakken in north dakota had 1% return on investment when last october it had a 39% return on investment. they're breaking versus a 37% return on inves

lockheed martin is getting rid of the space losing 4,000 jobs in the last two years. >>> some of you iing -- in fog this morning but drew brings clarity to the situation. >> it is in the north bay where we are seeing fog visibility less than quarter-mile and around napa and fairfield and we will show you we are not fining any precipitation so current temperatures if you are step out the door 35 currently in napa. 49 in san francisco. currently 44 in mountain view. oakland has a temperature of 44 degrees. from the sutro tower camera, downtown san francisco not dealing withing for a quiet morning in the city but otherwise, we see the fog in the forth bay early on the day planner the next 12 hours we will show you by noon everyone is in the sunshine with temperatures warming into the 60's by 4:00 and it is a mild wednesday we have on tap and generally we are talking about clear skies later this evening and temperatures are falling back into to 50's. look today, this morning fog afternoon sun, high clouds on thursday and the warming trend continues by friday around the bay and a couple o

lockheed martin general dynamic dynamics, raytheon up 1.5% to 3%. back to you. >>> to the bond market now where yields on the ten-year are above 2% once again. lots of volatility. rick santelli, tell us what's going on. >> reporter: well, i'll tell you what to say above 2% and make that a reference to wow, yields are moving up is still something that's hard to get used to. and maybe by looking at a two-year chart of tens you'll figure out why. yes, yields are up a bit. yes, yesterday we broke the streak of seven down-yield sessions in a row, but we're still on the low side as you can see on the chart. maybe the more appropriate place to be looking with treasuries after comments by charles evans last night is on the yield curve. and remember if you think central bankers are going to stick around longer especially the u.s. then the flattening curve has to be less flat and indeed that's the case. look at 24-hour charts of tens minus twos and then the ever-popular fives versus 30s. both have steepened a bit. it's probably liquidation of flattener flatte

here it is, the muos right here, lockheed martin. see some of the engineering watching as protective faring is put on. it will send cellular voice and data to solders on the battlefield. >>> as we count down to the state of the union, sam, you mentioned taxes, to that i would add net neutrality. president obama and the fcc seem set on their plan to enforce net neutrality but the lawmakers he's talking to, which of course a majority of whom are republicans don't like the plan. there's a push to hurry up legislation in congress before the fcc votes in february. both sides, guys, agree the concept of net neutral is solid but republicans say putting a government agency in charge of the internet is not the best way to keep the internet free and open. >> better hash out a solution soon as the deadline is ticking. >> yes it is. >> thank you very much, scott. >>> lawyers for bp will be back in court today as federal lawyers ask a judge to issue additional fines for the 2010 oil spill in the gulf of mexico. federal lawyers want bp to pay anot

. >> lockheed martin, hard to cut defense speaking. >> atk, this is starting to take off. >> gee?> what's coming up >>> a little "options action." >> i tebow that show. i love those guys. you see the price action, bigs talked to me about this. the stock opened at 83. on the high, breaking out to the other side. >> that will get you done. >> that does it for us here on "fast money." we'll see you back here monday at 5:00 for more "fast." "options action" starts right after this break. see you you then. >>> life in the nasdaq website, i'm melissa lee. here is the action tonight. >>> prince aw walid shocked the world and may have spelled doom for one well-known stock. >>> plus, do you like tech? ♪ >> well, then, you're in luck. next week, it is make or break time for apple, google, microsoft and maybe even "your money." we'll give you the

boeing and lockheed martin with the united launch alliance.commercial market, people are going to look at how they're going to reuse rockets. if reusability is an option. what spacex is doing is reducing the cost of flight for them if they are successful. the market will have to adjust to that change in cost. >> how much is that cost going to be lowered by reusing the engines? >> the orders of magnitude, it is not really clear. but the fact of the matter is, you are not throwing away a rocket every time you build it. spacex's goal is to get to the point that you can reuse that rocket that day and if you can do that -- the potential is great and the potential of what you can do in space with that cost reduction. >> if you are boeing or any other company in this area, are you looking at doing the same thing? are you following on the lawn -- elon musk's tale? -- tail? >> i think other companies are definitely watching what they are doing. boeing and lockheed martin recently partnered with jeff bezos's company this is able to forward by spacex and

lockheed martin, their dividend yield -- if you own stock and you get the dividend per year, you get 3% account. >> and initiative began several years ago. there is a formalized defense initiative that looks at the technologies for the future. what are the companies doing with their r&d spendining at this point? >> you're seeing some stratification. some companies have leaned foard a bit. the exhibit a in this category has been raytheon. they won sommajor radar contracts last year as a result of an investment rate it's hard to see people coming back on r&d. you're seeing people talklk more openly with their shareholders. they are willing to invest and put money to work. >> for raytheon, that was a massive payout. and obviously the air force, big wins for them. there are still those investors and companies who say there isn't that much visibility out there about the future. you are paid to look at visibility. how much visibility is there out there about the future? >> this is the only sector i know wre the customer publishes a five-year spending plan. we can disagree with how that pla

. >>> lockheed martin agreed to pay $200,000 in back wages to 1800 coast guard workers in the north bay. it's part of a settlement that it underpaid contractors and subcontractors. >>> a satellite made by lockheed marrin in sunnyvale just successfully blasted off into orbit. >> 3 2 we have rd 180 ignition and we have liftoff of the united launch -- >> the craft launched from cape canavarel in florida less than ten minutes ago. the satellite is part of a project to give the u.s. military better mobile communications in remote areas of the globe. when operating it will deliver smartphone-like capabilities to isolated war fighters. >>> san francisco's main library opened up a new wing that does more than just offer books. mayor ed lee toured the new learning center this morning on the fifth floor of the civic center library. it's a go-to place for residents looking to improve themselves. the center which costs $1.7 million to build will offer adult literacy classes instruction or computer basics and a lot more. >> we have a combination of self-help where you can access computer technology.

bidding process unfair after the contracts were awarded to a joint venture between boeing and lockheed martinthough he had yet to launch a ship at all when he sued. spacex will not be getting the contracts. the airport city will explore bidding opportunities for lunch services and will work with spacex to make sure he gets certified for future gigs. lunar x prize is part of a campaign to revive space exploration. the organization announced five team winners who will take home more than 5 million bucks. the prices were in three areas imaging, mobility, and landing systems. how far are we from a private mission to the moon? very intriguing this x prize thing. it helped launch the spaceship one deal but interesting you're going incremental with the prizes to get a private spacecraft to the mine. >> we took a look at what it would take to promote us as a spacefaring civilization. there are things you have to do to get out there. one of the things is make sure that spacex oration is viable. it is not viable if it is solely financed by the taxpayer and all prizes have an element of private enterpri

and lockheed martin. asked him if the sony hack could change the way they look at cyber security. >> i think it has changed. the threat landscape, if you look back 10 years to 20 years ago, people tried to hack for notoriety and publicity. today, it is about money. if you have information that is valuable to someone, they will come after you. right now, organizations need to do everything they can to safeguard information and be able to react when they do experience a breach. >> what in the president's legislation is best about what could be found? >> it is a noble first step. i think the administration -- >> that means you think it stinks. >> well, last night we heard the president talk about cyber security just a little bit. but to get into the state of the union, that is a big deal. when has that happened before? the president has to talk about all kinds of different things going on in the world and cyber finally got the first notice that this is important and we need to come after this as a team. both

bidding process unfair after all the contracts were awarded to a joint venture between boeing and lockheed martinhough he had yet to launch a ship at all when he suited. under that agreement, spacex won't be getting a contract, but the air force as it will expand bidding opportunities for launch services and will work with make a -- work with spacex to make sure get certified for future gigs. google funded lunar x prize is a campaign to revive space exploration. today, the organization announced five team winners will take home more than $5 million in a combined prize for making ketek and -- key tech advancements. the prizes are in imaging mobility, and landing systems. how far are we from a private mission to the moon? here's bob weiss. good to see you in real life, not in space. very intriguing, this whole x prize thing. it helped launch the spaceshipone deal about 10 years ago. interesting that you now you were going incremental with some of the prizes to get private spacecraft to the moon. >> we took a look at what it would take to promote us is a space sharing civilization. there are things

the ford center is in palo alto just south of sanford near the lockheed martin and h.b. lab. business and tech reporter, scott budman says, more tech and more jobs are coming to silicon valley. >> ford has decided it will be the latest automotive giant to have a footprint here in silicon valley. that means new technology, new jobs and ideally, smoother, more convenient ride for you in the future. >> i'm controlling just the gas and the brake. >> for starters, a lot less stress when you park. gps finds an open space and then does the hart work to get you in. >> it does a three-point stop. it will tell me to stap here in a second. >> even parallel parking, you go hands-free. >> the amount of technology we are putting in our vehicles, upwards of 50-60 car. ford says its move into tech heavy palo alto will mean more than 100 new hires focusing on things like remote driving, in this case, controlling a car in atlanta. >> as i turn my steering wheel, it gives me an indication of where i'm headed. >> reporter: and how tracking cars as they park can save you time and gas. >> there is

. >> lockheed martin i missed the defense stocks i'm doing a major segment on the defense stocks, because they are so so fabulous. jane in florida. >> hi, jim, big super bowl weekend booyah! to you? >> absolutely, big pepsico-sponsored booyah! to you. what is going on? >> i wanted to ask you about the eve of the decision on fiber cap. >> i do not know nbcl. i have to work on that one, i have to do a little extra on that one. and that ladies is the conclusion of the "lightning round". >> the "lightning round" is sponsored by ameritrade. barbos . >>> you know, i'm a big fan, nice quarter today, biogen and of course isis. i want to introduce you to a new newer biotech name on fire radius health $8 per share. while it didn't do much on the first day of tradings it's the best kind. it rallied 47 today. it is a biotech focused on finding drugs for osteoporosis and other disorders, it is a treatment that is currently in phase 3 trials often meaning it is close to being on the market. the drug has shown faster moves in bone mineral density. they are expected to file for approval both in the u.s.

put more technology in its cars opening a center in the bay area just off of stanford near the lockheed martin and hp labs. scott budman says all this means for tech more jobs coming to the valley. >> reporter: ford has decided it will be the latest automotive giant to have footprints here in silicon valley and that means new technology, new jobs and ideally a smoother more convenient ride for you in the future. >> i'm controlling just the gas and the brake. >> wow. >> reporter: for starters a lot less stress when you park. in-car gps finds an open space, then does the hard work to get you in. >> it does a three-point kind of stop so it will tell owe me to stop here in a second. >> reporter: even parallel parking you go hands free. >> the amount of technology that we're putting in our vehicles you know upwards of 50 or 60 compute national weather service every single car. >> reporter: ford says its move into tech-heavy palo alto will mean more than 100 new hires by the end of the year focusing on things like remote driving, in this case, controlling a car in atlanta. >> when i let go of my ste

let me thank lockheed martin making this meeting possible here this morning. and the coffee you are enjoying outside. it is my pleasure to be here to introduce admiral and my partner in crime from the u.s. naval institute. as you probably know, csis partnered with the maritime series to try to bring a forum together to discuss major issues in the maritime. it is wonderful to have as our second speaker just after the cno spoke the commandant of the coast guard, admiral zukunft. what we have here today is really the bridging of homeland security and law enforcement with national security and the coast guard lives every day in that space. from his own personal experiences starting as the coordinator for deepwater horizon, oil spill recovery efforts to working on issues in the asia pacific, the avenue here in the commandant certainly personifies what the coast guard is all about. without further ado, and thanking admiral daly for honoring this event, i would like to introduce admiral zukunft. >> thank you very much. thank you for stepping up to moderate this. you

let me thank lockheed martin making this meeting possible here this morning.here's coffee outside. i would like to introduce myself and my partner in crime with the u.s. naval institute. as you probably know, csis partnered with the maritime service to bring issues to the maritime. itrj wonderful to have as our second speaker just after the cno spoke the commandant of the coast guard, admiral kumft. what we have here today is really the bridging of homeland security and law enforcement with national security and the coast guard lives every day in that space. from his own personal experiences starting as the coordinator for deepwater horizon, oil spill recovery efforts to working on issues in the asia pacific, the avenue here in the commandant certainly person personifies what áhe coast guard is all about. without further ado and thanking admiral daly for honoring this event, i would like to welcome commandant. >> thank you very much. i like to scan the audience and as i scan, i probably see ten of you who have written reports on me. it's daunting to stand in f

jay paul is purchasing 47 acres of land from lockheed martin. they are planning to build state of the art office towers. they envision a project similar to one taking part around moffin field. >> we have our eye on the prize, rob, which will be this weekend, and the 70-degree temperatures. in the meantime, it's a little chilly. >> it is. we're talking about the skies clear this morning and not seeing as much fog. so our temperatures really dropped down to 35 degrees in napa. 47 in san francisco. you notice the clear skies in the south bay. we're still seeing the patchy fog up towards fairfield and concord in santa rosa this morning. oakland and livermore looking a little better. seeing the fog right now, it should break up pretty quickly before lunchtime today, and as we head towards the evening along the coast, we'll see a little bit of low clouds there trying to approach pillar point and spilling through the san bruno gap. no sign of any rain in the evening. the rain showers off to the north. this pattern continues to be dry. highs today mostl

and i would say lockheed martin to it too.guyses, it's my favorite time of the week, it's report card time. we're going to go over the stocks. we're not cherry picking them, these are are stocks that had big moves in either direction today. ultimately, we are going to be held accountable because all of mine i think are still buys, so i'm going to reiterate them. we'll be back in three minutes. ♪ ♪ but for people with copd, the world is filled with air. sometimes breathing air can be difficult. if you have copd, ask your doctor about once-daily anoro ellipta. it helps people with copd breathe better for a full 24hours. anoro ellipta is the first fda-approved product containing two long-acting bronchodilators in one inhaler. anoro is not for asthma. anoro contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. anoro won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. tell your doctor if you have a heart cond

military ties with the united states, including joint production of drone aircraft and equipment for lockheed martin 's military transport plane. >> we also decided to take up our growing defense corporation to a new level. we have agreed in principle to pursue codevelopment and coproduction of specific defense projects. this will help the domestic defense industry and manufacturing sector in india. >> president obama is cutting his trip to india short in order to visit saudi arabia to pay respects following the death of king of doll and to meet new king salman. over the weekend, many world leaders traveled to saudi to offer condolences, including russia's prime minister dmitry medvedev, britain's prime minister david cameron, french president francois hollande, and egypt's president abdel-fattah el-sisi. meanwhile, human rights groups are urging the new king to pardon dissident blogger raif badawi who was sentenced to 10 years in prison and 1,000 lashes for charges including insulting islam. christophe deloire is general secretary of reporters without borders. >> there can be different things. the

and i would say lockheed martin to it too.guyses, it's my favorite time of the week, it's report card time. we're going to go over the stocks. we're not cherry picking them, these are are stocks that had big moves in either direction today. ultimately, we are going to be held accountable because all of mine i think are still buys, so i'm going to reiterate them. we'll be back in three minutes. ♪ ♪ the lightest or nothing. the smartest or nothing. the quietest or nothing. the sleekest... ...sexiest, ...baddest, ...safest, ...tightest, ...quickest... ...harshest... ...or nothing. at mercedes-benz, we do things one way or we don't do them at all. introducing the all-new c-class. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. it's working for new york state. already 55 companies are investing over $98 million dollars, and creating over 2100 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes, no c

the ceos of the major defense contractors, boeing, lockheed martin, are called over to a might at the pentagon they don't exactly know why they're there but they figure if they have been called here on short notice this can't be good news, all their competitors in the room. they're ushered into a room called a sense stiff compartmented facility it's the thingy you have to drop your cell phone outside before you go in this sound proof room that is actually impermanentable to eavesdropping player, where you only receive the most secretive secretes, and the executives brothering in and sat down and given what is called a threat briefing. military officials describe to them how hackers believed to be in china are accessing computer systems that contain some of the most classified information in the military specifically things like plans for the joint strike fighter the f-35 our next generation military aircraft, as well as a number of other started classified military programs have been overrun by cyberspies. and that seems pretty scary to this ceos. what is even more scary the spies did

the folks at lockheed martin gathering around the muof site, it will launch on the back of the atlasflight in florida, actually this afternoon 4:30 our time, delivering mobile phone data and connections to soldiers on the battlefield. >>> google reportedly thinking about investing in spacex as elon musk's company plans to build and launch small satellites to bring the internet to more parts of the world. spacex has not accepted outside funding before. you may recall richard branson announced something similar for his company. he worked with one web to create more than 600 satellites to deliver internet, so bottom line, lots of connections. >>> let's check the markets this morning. landon dowdy is live at cnbc world headquarters. good morning, landon. >> hey, scott, good morning to you. futures reporting to a higher open as the markets look to build on friday's rally. stocks snapped a five-day losing streak but the dow, nasdaq and s&p 500 still in the red for the third straight week. look for data on housing and earnings from johnson & johnson and morgan stanley. on friday the dow was

alleging the air force improperly awarded a military satellite's contract between boeing and lockheed martin. the company contended the air force set up an unfair bidding process for the contract. in a joint statement, spacex and the air force say they reached an agreement to improve competition for national security space launches. >>> happening tomorrow, a giant asteroid will be flying by earth. nasa says the asteroid about 1/3 mile in size and going to miss us by more than 740,000 miles, which is about three times the distance between the earth and the moon. the asteroid poses no threat to earth, but nasa says you might be able to see it if you have some very strong binoculars or telescopes. the giant space rock will be the largest to pass close to earth until 2027. >>> still ahead for you on kron4 news weekend, weather a big story for us this weekend as we might see record breaking temperatures again in the bay area. we will have a live report with kron4's mike pelton at the beach with a strong warning for beachgoers. >>> plus a store clerk shot during a robbery in the east bay left cryi

i had a conversation with either lockheed martin or boeing. they said those tanks, those are a lot like the tanks on our rockets. we make this. we just make them to go. this is a big-big opportunity. i want to point out an example of a country that is using its import of lng to strengthen its ship-building industry. the president is in india. you see the pages of the parades and all that goes with it. india has a -- out today for america to import natural gas into india. they need a minimum of 10 tankers to bring that gas to india. india says as part of that tender, three of those ships will be built in india. i'm going, there's a good idea. why don't we say three of those ships built in india, good. three of them built in the united states, and somebody else can have the other four. this is how we can build the american manufacturing sector. this is how we can put this country to work. this strategic national asset it natural gas. two other strategic national acids. the maritime youngers and the shipyards. -- the maritime mariners and they sh

lockheed martin, i was surprised the buy-back slowed versus previous quarters. that concerned me if only because this company's one of great buy-backers of all time. and if you want to see, watch kimberly, they've bought back a quart of the company last decade they had good organic growth but hurt by venezuela. venezuela something to watch guys because venezuela has literally -- it's just -- it's left the building. >> a look at american airlines this morning, right? >> yes. yes. glad you mentioned that. i think if you fly over venezuela you're earnings have been hurt. venezuela is amazing. that's a country to watch when oil keeps going down. when kimberly took $400 million charge -- how about clorox with vision saying we're getting out of the venezuela. listen kimberly can't afford to get out of venezuela they need our products. let someone else make those products. clorox held up well in part because they bit the bullet in venezuela. >> you spend a lot of time talking about venezuela for a couldn't that small with minor implications. >> $400 million charge from

lockheed martin, made the best jet in the world. we were supposed to have 750. and two things happened the cold war ended, we didn't need as many, also, the price kept going up, the congress and pentagon decided we better curtail this program. what we do instead is keep the f-15s flying longer. we use the existing system longer refurbish it, remanufacture it and i think there's room within today's pentagon budget to do a lot of that. this isn't the one point we touched on, sort of rap up the initial part of the event. if you look for a lot of reasonable reforms in how the pentagon does business, you do that additional round of base closures, you get the health care premium changes that bob and others were promoting you make a few other efficiencies which they're trying to accomplish. even if you do all of this, you're probably going to essentially pay for the needed increase in your budget, because you are too optimistic about how much various things would cost. in other words, you need to do this to tread water, you need to do the base closures and the military

lockheed martin bad yesterday. boeing conference call 10:30 our time, very important. act, what happens happening there. >> "mad" tonight? >> classic case of what's ailing the market and making it great at the same time. nick akins, not great quarter. it is screaming. why? they've got a safe dividend. this is what is bugging people. that they could miss the quarter and still do great. the answer's they're a great company and we are using power but they have a great dividend. differ rules. how did you get to mayer and goldman of yahoo!? don't answer. i'm jealous as all get-out. i'm jealous of you. >> you talk to more people than anybody. >> no. >> you can't talk to everybody, jim. >> i talk to jack. i talked to jack-in-the-box. chipotle doing well. >> see you tonight. >> thank you. >> apple's record setting earnings. what did tim cook tell josh lipton after the conference call? ♪ ♪ hooked on a feeling ♪ >> good morning. welcome back to "squawk on the street" i'm carl quintanilla with sara eisen and david faber at post 9 at the new york stock exchange. decent action dow

with the f-22 fighter which was originally going to be a lot less expensive and i'm not blaming lockheed martine best jet in the world and i'm glad we have 189 of them. we were supposed to have 750. two things happened. the cold war ended so we didn't need as many but also the price kept going up and so the congress and the pentagon decided we better curtail this program. so what we do instead is we keep the f-15s flying longer so there usually is an implicit backup plan which is use the existing system longer refurbish it remanufacture it, and frankly, i think there's room within today's pentagon budget to do a little more of that but i would say this is the one point we haven't really touched on, just to sort of wrap up as we move towards wrapping up this initial part of the event, even if you look for a lot of sort of reasonable reforms in how the pentagon does business you do that additional round of base closures, you get the health care premium changes that bob and others were promoting you make a few other efficiencies which they are trying to accomplish. even if you do all of this you a

reporting that the pentagon will request funding in fiscal year 2016 to buy 57 f-35 jets made by lockheed martin corporation two more than previously planned according to two government officials. the defense department's previous five-year jets during the year that begins october 1st said the officials who asked not to be identified before president barack obama submits his budget to congress on february 2nd. if approved by lawmaker, the acquisition would mark a major increase for a program that's experienced cuts amid tight budget -- defense budgets, that is, and setbacks and testing of the costliest u.s. weapons system. again, that from bloomberg news. coming up a little later today on our companion network c-span, a discussion on the cyber attack against sony speakers. speakers will include former house intelligence chair mike rogers and the former head of the nsa and cia general michael hayden. see it live at 3:30 p.m. eastern. >> the c-span cities tour takes book tv and american history tv on the road traveling to u.s. cities to learn about their history and literary life. this weekend we

with the f-22 fighter which was originally going to be a lot less expensive and i'm not blaming lockheed martin. they made a beautiful jet, it's the best jet in the world and i'm glad we have 189 of them. we were supposed to have 750. two things happened. the cold war ended so we didn't need as many but also the price kept going up and so the congress and the pentagon decided we better curtail this program. so what we do instead is we keep the f-15s flying longer so there usually is an implicit backup plan which is use the existing system longer, refurbish it, remanufacture it, and frankly, i think there's room within today's pentagon budget to do a little more of that but i would say this is the one point we haven't really touched on, just to sort of wrap up as we move towards wrapping up this initial part of the event, even if you look for a lot of sort of reasonable reforms in how the pentagon does business, you do that additional round of base closures, you get the health care premium changes that bob and others were promoting, you make a few other efficiencies which they are trying to acco

over the years, lockheed martin, northrop grumman baa general dynamics, they have all located their headquarters in the district that i represent. that will be a responsibility, to be attuned to their needs and the investment we can make in the american economy and in a strong america. host: don beyer, sworn in today. we want to get your questions and comments for him or the next 15 minutes or so. one of the new members on capitol hill. we will start on our line for democrats. tom has been waiting in pittsburgh, pennsylvania. you are on "washington journal" with congressman elect don beyer. tom, are you with us? caller: yeah. outsourcing, most of our clothing and shoes are made outside the country. we all need shoes and clothing. millions of dollars are going out of the country. if you cannot make the things you need, you have become dependent. we tell our kids can i get out of the house, take care of yourself, become independent stop -- we tell our kids, get out of the house, take care of yourself, become independent. our government does the opposite. host: that color concerned about outsourcin