. << it was technology developed by lockheed martin to help protect our soldiers in afghanistan. nats of helicopter taking off a remote controlled helicopter. (sot jim naylor, lockheed martin :10-13) "it's a six thousand pound helicopter that can lift six thousand pounds." now, lockheed martin, the department of interior anan the forere service are looking at using that same technology to job. (sot jim naylor, lockheed martin :22-31) "we've taken that same helicopter that's proven and can put out fires." the unmanned aircraft has the option of either being flown by a pilot or a remote control... allowing firefighters to day. (sot mark bathrick, u.s. department of interior :42- 58) e can operate with a aan in it during theheay, and when visibility gets popo, or at night, we can turn it into unmanned aircraft mode and we can fly it with the sensors it has on board to fly unmanned safely in those conditions, and continue to fight our ground firefighters, in the communities they work so hard to protect." the helicopter is capable of both dropping water from a monsoon bucket to gettin

lockheed martin's a buy. of course, as usual, the ininstrials are going totoally, the money has to come from somewhere. today it came from the biotechs which got murdered and tesla, amazon, google, as well as chipotle. take valiant the political heavens remain too much for valiant it's cascading money. it's up ending its business model now to spend more money on new drugs. that potentially slowing growth that will cause that spilled over and everything -- most definitely what people think is has been annihilated. we just can't t em to put together a decent streak where we are bear free, even for a single day. here's the bottom line, it's clear to me some industrials went down too much. it came roaring back on negative, not positive news. let's go, when the disgusted holders have already sold, leaving behind hardened shareholder base, that seems to be able to tolerate -- >> the house of pain. >> -- endless pain. >> booyah, how are you? >> home of the world champion new england patriots. take down the jets this

shares of lockheed martin, rath theon, and general dynamics are all in the green for 2015. in the short term uncertainty around the fiscal 2016 defense budget in the u.s. could be a headwind. many analysts remain bullish on the group. the same can be said of aerospace. >> they company exposed to the if you will, le ge, united technologies, honeywell, they've all seen a good results flow through their aviation segments and we expect that to continue as aviation, are the aviation business still appears to be quite strong. >> from the biggest losers this year have been transportses with transportation average down 11%. historically, many stocks do tend to outperform in the final three months of the year. benefits from the peak holiday season. according to the data firm ken show, dating back to '95, jb hunt and union pacific have both traded higher 90% of the time. each hauling it outsized gains on average have been better than the broader market. i'm morgan brennan. >> the casual dining chain chipotle reports earnings after the bell today. that is where we begin tonight's mark

angie: lockheed martin also reported. what is the story? su: a story of no sales growth.here was a bright spot in aeronautics. had lower margins. what it did is it forecast sales in the margins of 2016 will be little changed. surpriseht analysts by because they pretty did a rebound after three straight annual declines. sales in lockheed aeronautics rose 7%. 11%ating margins fell to with sales comparable to 2015. angie: thank you for that, su keenan. xi jinping has stressed the increasing importance of the relationship between china and the u.k., saying they are increasingly interdependent. he made the comments during a speech to both houses of the british parliament. ryan chilcote has all the details from london. reporter: the president of china's visit is in full swing. he addressed members of the parliament in the house of commons and told him he was very satisfied with the state of hopesh-sino relations and this will take the relationship to new height. the visit will lead to $45 billion worth of investment. it will create about 5000 jobs. an increasing number of peopl

i like lockheed martin. amare in texas. >> caller: 22-year investor here. the announcement report was pretty decent. i want to know whether jetblue has some growth. >> i thought jetblue was good. i thought delta was better. i thought southwest was best. i think you have to put those all together and understand that jetblue at 25 is not as good as delta right now. got it call it as i see it. jetblue's quarter was good. but i would swap in delta. sure, the averages don't look bad at the top. but the truth is the bears are feasting all over the place. it's my job to find you a bull market wherever it is. right now, auto parts and defense stocks are in bullish mode. much more "mad money" ahead. did you know that it's national cat day? we're celebrating on "mad money." why not? i have some pets you need to know about. plus one way to keep your money climbing year after year. does your portfolio pass the test? and are you ready, ski daddy, for the lightning round? stick with cramer! >>> we know the whole human healthcare cohort has been taken to the cleaners over

lockheed martin showed off their helicopter in idaho. with a push of the button, they can tell the helicopter to drop water. the base price is $5 million. >>> turning to accuweather, someplaces in the 40s. >> reporter: a few, and we've seen that a little bit over the last week or so. we could see that as we head into the weekend, probably worse numbers than that. storm tracker 6 live double scan imagery showing we're dry this morning. not much of a breeze, as we look at the penns landing and the ben franklin bridge. the camera is not shaking a whole lot. the winds out of the west at 7. the cloud cover is in the process of getting out of here. you see it over parts of south jersey and delaware. we'll have mostly sunny skies. 53 degrees by 8:00 a.m. 63 by 2:00. cooler high of 65 after getting into the upper 60s yesterday. the high hits late in the day around 3:30 or 4:00 p.m. 65 in allentown. 66 in reading. 65 in wilmington. pretty even numbers north to south down the shore, in the mid 60s, mostly sunny and cooler. friday, we get the cold

the obama administration has approved an $11.25 billion deal to sell four advanced, lockheed martin-made warships to saudi arabia. the move comes as amnesty international has called on the united states to halt arms transfers to saudi arabia or risk being complicit in war crimes in yemen, where saudi arabia is waging a u.s.-backed campaign against houthi rebels. mexico has agreed to relaunch its search for 43 students from ayotzinapa teacher's college who disappeared last year. the mexican government says the students were attacked by local police and turned over to drug gang members who killed and incinerated them. but international experts have rejected the mexican government's account and pointed to involvement by federal police and the military. the student senate at the university of mississippi has voted to call for removing the mississippi state flag from university grounds. the flag features the confederate battle symbol in its upper left corner -- the only state flag in the country that continues to use the design. tuesday night, students voted 33 to 15 with one abstention to re

department approved l lock he martinin's plant $7 billion acquisition of a helicopter maker from -- lockheed martin's $7 billion acquisition of a helicoer maker. two decades of consolidation have left a handful of giant u.s. defense contractors, each with tremendous political clout over dod. in other industriess, competitin and innonovation have suffered. dod would stillnd could still allow large future deals among potential defense contractors, but could also accelerate reforms s to bring in other compitors to counterbance their power. defense giants are here to stay and soso is the pentagon. they have had a large -- a long and constructive relationship and they must find ways of working more closely with each otother. thanks for watching. visit us at defensenews.com for ntinuing coverage. if you have anany suggestiononsr this show or future coverage, please e-mail me. have a gat week. [musicic] >> dr. charles stanley: god wants the best for your life, but you've got to cooperate with him. he's going to do his part. he's going to show you the way. he's going to make a way. he's going to provide the

. >>> lockheed martin is looking to cut overhead costs by as much as 30%.he pentagon's number one supplier confirmed plans to cut 250 jobs last week on top of 500 layoffs already announced for its information systems and government services. it's reviewing planning to sell or spin off some of its businesses. lockheed martin has offices in pennsylvania, new jersey and delaware. >>> nearly half of americans know someone who has been a victim of identity theft or they were a victim themselves. a report released today by bankrate.com finds 46% of americans have either been a victim of identity theft or know someone who was. that's up 12% points from 2008. the study found 77% of americans are worried about identity theft. 42% respect checking their credit reports regularly. 41% are conducting banking and other sensitive business on unsecured wifi knelt works. >>> speaking of theft, a new study finds one in six young americans have stolen something in the past year. this study published in the journal of economic behavioral organization found for most of these yo

last month lockheed martin was fined millions of dollars for using taxpayer funds to lobby congress, to maintain its hold on a multibillion-dollar pentagon contract. lockheed's ceo received a stunning $33 million last year. ms. richards, do you know if there has been any investigation or any effort, any, to eliminate lockheed martin's federal funding? >> it sounds like there hasn't been. >> you got it. of course, there wasn't. these are huge companies that are actually guilty of breaking the law, and their ceos make millions of dollars. republicans never criticize the salaries of their ceos, and they never try to strip their federal funding, their government subsidies or tax breaks. but when it comes to women's health -- when it comes to women's health, the republicans' approach is is completely different. republicans targeted planned parenthood which provides essential high-quality care to millions of american women more aggressively than all of these companies combined. with no evidence of wrongdoing, these republican investigations multiply. the political theater continues. this wh

rivals boeing and lockheed martin are expected to challenge the pentagon decision. >>> another multibillion dollar deal to talk about. a megamerger could turn n walgreens into an ever bigger power in the drugstore business. walgreens plans to buy the rite aid chain. if the deal goes through, walgreens will have 18,000 stores. the $9 billion deal could draw scrutiny from antitrust regulators. there are no p plans f now to ange the rite aid name. be getting attention today on wall street after the company reported record sales. surging sales of iphones in china led to another quarter of record earnings. demand for the smartphone pushed apple a quarterly profit up 31%. ceo tim cook sounded an optimistic note saying he expects healthy iphone sales during the holidays. >>> speaking of healthy, breakfast on the house at taco bell. the fast food chain promised to serve free crunchwraps if anyone steals a base during the world series. oh, yeah, it didn't take long in last night's game. taco made it official with the tweet. they will hand out the free wraps next thursday. >> okay, 7:00 to 11:00 a.m.

that could hurt lockheed martin which makes the f-35, but could benefit boeing, which makes the f-18. because candidate may decide to buy the cheaper super-hornets. >>> and that is jamie mcintyre reporting. he adds that canada's commitment to deploy fighter jets to the region was set to expirenyway in march. >>> we want to bring you up to date on the top story we are following at this hour. just a short while ago, shortly afterno afternoon, vice president joe biden walked into the rose garden and said he will not be running for president of the united states, in typical biden fashion he began with the bit of humor. he thanked the president for using the rose garden. he said i have concluded the window to run has closed. he added we are out of time, but he also said that i will not be silenced, saying for the next 15 months he will make sure the obama legacy continues. this is our american story. this is america tonight. >> gang life... >> more funerals are held and they ask what more can be done to end the violence in israel and the occupied territories. >> hello, i'm lauren taylor. w

and shares of lockheed martin are lower despite topping third quarter estimates.he pentagon's number one weapons supplier expect full year revenue at the forecast. the shares are down by 1%. >> financial chaos. wall street versus main street. political instability in washington. and a waning guilded age. that was the backdrop for the federal reserve when it was formed back in 1913. but the same issues resonate strongly today, perhaps, as they did 100 years ago. the new book is called "america's bank: the epic struggle to create the federal reserve." roger, welcome to "power lunch." i was struck yesterday, john harwood interviewed rand paul who called for the auditingst central bank. and mr. paul made the case that we put up with -- we would never put up with price controls over milk and eggs and gasoline and so forth. but his argument is that the federal reserve control the price of money. and we shouldn't put up with that either. what do you think? the fed has already audited what he and the other bill call for is much closer to strut scrutiny of congress the way

lockheed martin. you know why? because they have tremendous pricing power.tober 20th, we're going to find out how much. if you think they are expensing at 16 times earning. they have great eps. great backlog. decent dividend. it closed lower and it has been on fire, adam teal gets you done. >> pricing power. >> they sell things. >> yes. apparently, yes, they do. >>> our next top trade is a special edition. so many top trades together. one we're calling a ceo omg courtesy of elon mesk. he is taking shots at the electric car emissions with a german paper. when asked them about poaching engineers. he said, quote, important engineers? they have hired people we've fired. we call apple the tesla graveyard. if you don't make it at tesla, you go work at apple. i'm not kidding. those are his words. grasso. >> when you look when steve jobs was working at apple. they didn't do it. there was article written about it, they didn't poach each other's talent. >> they cluded not to take each other's talent. that is what the justice department is stating. >> it is a fact. the

this ends a four-year long competition between northrop, boeing and lockheed martin.hares rose initially after the close on that news. >>> and coming up, will microsoft's new video game release be enough to power up its lead against rival sony? >>> here's a look at what to watch for tomorrow. the federal reserve will deliver its post pleating statement, and highs your bush imbev and sab miller have till tomorrow to complete discussions on a potential merger, the biggest beer deal ever. house republicans will vote on a house speaker to replace john boehner. >> a new study shows families spend a lot more caring for dementia yag patients than other diseases such askancer ore heart disease. according to research published in the annals of internal medicine, average out of pocket spending for dementia yag patients was 81% higher than it was for those with other diseases. >>> microsoft is the launching the latest install thement of its biggest video game franchise and it may be a key part of the company's strategy to compete with the sony playstation. julia boorstein has ou

northrop beat competitors boeing and lockheed martin. >>> the u.s. appears ready to wage an even more aggressive campaign against isis in iraq and syria. that can mean more ground action for u.s. special forces. abc's martha raddatz has the latest from washington. >> reporter: comments made by secretary of defense ash carter could mean a potential escalation in american involvement in combat. he said direct action on the ground may be used. the secretary saying u.s. special operations forces won't just assist iraqi forces like they did in that deadly raid last week, they could conduct what he called opportunistic raids unilaterally if need be. this makes it more difficult for the president to say u.s. troops are not involved in ground combat and clearly means the pentagon is not satisfied with the fight against isis so far. martha raddatz, abc news, washington. >>> a deadly crash last night on an eastern pennsylvania highway involving a bus filled with college students. eyewitnesses say the bus carrying the lehigh university crew team was rear-ended

lockheed martin is testing unmanned helicopters ... the full-sized kind ... in the skies over idaho. they're hoping to perfect a system that would allow the choppers to be used to fight fires without firefighters. they could be forest fires at night ... allowing the firefight to continue around the clock without risking lives. the 2016 presidential race began with some volatility in the polls ... but it appears things have leveled off now ... coming up next ... we have the latest numbers on the race for the white house ... and the one big thing that could shake them all up this week. and hillary clinton is coming back to des moines and she's bringing a few friends with her. find out who will be her guests of ben carson on the republican side? we have the latest from the campaign trail. after a decade of planning, a convention center hotel is finally happening in des moines. hear why backers say the building will immediately start paying dividends once it opens. and this weekend in western iowa it was runners ... versus "walkers". find out where zombies were i

lockheed martin is down 9/[laughter] 10 of 1%.from the bolts wagon -- books wagon scandal. ♪ matt: breaking news on starwood hotels -- the hyatt is in talks to buy starwood hotels. the deal may be announced within one week or two. hyatt had been in talk with intercontinental but those talks did not result in a deal. it is now in talks to acquire starwood hotels with cash and stock. that's all we got so far. much, let's gory back to what we said earlier about aig. >> i guess it's a bidding war. in wasnese buyer coming news but it's about getting a bigger number because of that. we have a merger of synergies. the consolidation continues to be the name of the game. erik: that seems to have hyatt shareholders excited. they are up 5%. >> everyone is having trouble with organic road so you have to buy it. erik: i thought it would be a good idea to go back to aig. stephanie: i think so. erik: carl icahn is in the kitchen. this has to do with improving r oe. if you look at aig relative to this -- to its insurance peers, oe theirs is 6.7%

one coming in from lockheed martin, we understand. meanwhile, airbus will need high-tech material. don't know my planes nearly enough, but the area is clear. the pipeline is clear. now they just need to fix those prices. hyde, thankroline you very much. we welcome and ben davis, mining analysts. the ftse 350 mining index, first of all good morning, and what a week. i wonder if anything has changed fundamentally or is this just a relief rally? : we would it as a relief rally. the fundamentals have not changed for us. they will continue to deteriorate in the key commodities including copper. ore, it is your big cord. is anyone prepared for $30 iron ore? talk to me about the commodity, what drives it down there? : we still have a lot of lagging supply additions coming into the market. this month we have roy hill coming online, that will be 50 million tons starting in october. dxt year, we have s 11 another 90 million tons that'll wrap up over time. that is a huge amount of capacity additions which will be have to be displaced. realistically, we could see demanded down next year. jonat

last month lockheed martin was fined millions of dollars for using tax payer funds to lobby congress,to maintain its hold on a multibillion dollar pentagon contract. lockheed ceo received a stunning $33 million last year. miss richards, do you know if there has been any investigation or any effort, any, to eliminate lockheed martin's federal funding? >> it sounds like there hasn't been. >> you got it. of course there wasn't. these are huge companies that are actually guilty of breaking the law. and their ceos make millions of dollars. republicans never criticize the salaries of their ceos and they never try to strip their federal funding, their government subsidies or tax breaks. but when it comes to women's health, when it comes to women's health, the republicans's approach is is completely different. republicans targeted planned parenthood which provides essential high-quality care to millions of american people more aggressively than all of these companies combined. with no evidence of wrongdoing, these republican investigations multiply. this whole defunding fight a pretext for th

scientists and engineers and in some cases are made up of the science and engineers from boeing and lockheed martin and the defense industry. is that something that has changed in any way or how in the beginning is that something that is going to mean a continued militarization of? how does this dynamic work is a potentially problematic as we move forward. it's exactly what you're talking about a. of also said the ideas could live together as long as you have an alert and knowledgeable citizenry you can have a powerful industrial complex and i believe they are interchanged. the problem that i came across actually had to do in the society when i interviewed a very famous program manager from darpa who was responsible for a lot of this trans- humanism early programs in 1990 to 2,003 were discussing the programs that are moving men, merging man with machines in ways that make some people uncomfortable and i said to him about iran and adjacent report that the scientists had counseled at the pentagon and that this was a bad idea that we shouldn't be putting green chips into people's brains because it co

that could hurt lockheed martin which makes the f35 but benefit bowing which makes the f15. canada may decide to buy the f18 super hornets to replace it's aging jets. >> iran's supreme leader giving the ok with the nuclear deal with the west, ordering the agreement to be put into place. he said the deal had several key weak points, telling rouhani that the u.s. can't be trusted. they also said iran must keep up the pressure to guarantee that the sanctions are lifted. >> some republicans are rejecting paul ryan's late night demands. he says he needs unanimous support from gop members before he will run for house speaker. ryan has been resisting pressure for weeks, but now says he's open to being speaker on his terms. as al jazeera's mike sell sure explains, ryan already has republicans pushing back. >> the question for paul ryan as he agreed to serve as speaker of the house is whether or not the most conservative house republicans can agree to his request and whether all house republicans can be unified at all. in meetings tuesday with the conservative house freedom caucus an

the idea that people that are pulling many of the science boards or engineers from boeing and lockheed martin and the industry is that something we should be concerned about or something that has changed in any way in the beginning or much to do about nothing or something that is going to be in a continued militarization -- i got a little bit more i'm trying to. .. when i went to interview a program manager responsible for a lot of this trans- humanism early program, and we were discussing the program, moving men commemorate man machine. they had canceled the pentagon that it was a bad idea. that is the scientists it could be the human. i was told, the group that has become more important, the defense science board, the pentagon think tank, the president, very knowledgeable superman of science what is also true full-time academic and part-time defense scientists , the defense science board members as was explained how defense contractors and stillstood on the boards of a lot of these defense contractors which raises the question that eisenhower raised, not me, which is let's make sure that th

lockheed martin allegedly disappointed last week. the stock went down. now it's up. the same day after the close, not everything is going to be done here in fair weather, we hear from go pro, which remains one of the most asked-about stocks on #jimcramer on twitter. i don't trust this stock. but i recognize that every dog has its day. it's hard to be more of a dog than this stock, 87 to 29 in less than one year. for ages now, two of the most reliable stocks in the universe belonged to the healthcare middleman. i praise these stocks when the show began. then some high profile hospital stocks as well as political jabs on healthcare pricing, the whole healthcare industry has come down with a vengeance. do you know what i want to do? i want to watch the reaction to the earnings, which i think the earnings will be terrific when they're reported on thursday. maybe we can get an all clear to go back into healthcare if both companies manage to rally if they post good numbers. we'll hear from two companies that have been total champs this year, starbucks and electronic arts.

nobody seems to win a champion in the defense stocks, well lockheed martin reported not corner, the stock plunged at the blink of an eye. want more disappointments like that? why all the negativity? i think it's a perception problem. maybe a championing problem, i can champion other people. it's really perception. defense, people think this budget is a question. it will kill them. it won't get any better with the debt skreeling. biotech ran too much. new perspective. microsoft, it ran so long, priceline, are they still in business? mcdonald's, my body is a temple. yada, yada. negtist is a short example of what's out there. if you share wall street, you will miss them. if you think outside yourself, though, you will be astonished by what you find. let's go to kur nice -- curtis in north carolina. curtis. >> caller: how do you get the competition? >> all right. my charitable trust bought jack, why? there was a lot of questions about labor costs and chipotle is scaring people. this is a very well run company. i sure wish they'd come on air. they can really tell a good story. thank you for th

lockheed martin the chopper in idaho. they can use remote controls to have it pick up water and drop it over a fire. >> amazing. >> it is. >> here is bill evans outside our studios on the upper west side. hey, there. >> it feels good out here. i call it suit weather. you get your suit. men and women wearing that suit to the office. feels perfect. outside you have to have a jacket and sweater. into making the commute, kids for school you need your stuff. a day where we start out with winds out of the northwest and a cooler crisp day. a lot outside, we show you what is going on. skies are clear. beautiful morning. we will look at 63% humidity. a west wind. really nice normal october day is on the way. we are looking at a little sun and maybe hardly anything for showers on friday. that's where we will add more sun and take out showers. a cold front will sweep in friday night. 44 brookhaven. 39 westhampton. always a chilly spot. clear sky. heating from the day is lost in that spot right there in long island. sunshine. we will

priceline and progressive and lockheed martin.kes a fight tier apple in the heart of manhattan. open a flagship store in new york city today. they all glass building just like apple and decide the customers microsoft customers are lightening up to a test drive the next box and the tablet and oil based on the energy stocks thanks to demand worries in one year ago today oil was over $80 a barrel and has been cut in half. but it keeps dropping the national average is $2.20 a gallon it is down $1 from last year. data cables that are too close for comfort should we be scared?see more don't go away. with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. ...of fixodent plus adhesives. they help your denture hold strong more like natural teeth. and you can eat even tough food. fix

. >>> lockheed martin wanting to cut overhead customers. they launched a review. the company has confirmed it plans to cut 250 jobs on top of 500 layoffs already announced. >>> get gas this week in virginia if you can. the average price in the commonwealth this week is $2.03. richmond $1.95 on gallon. well below the national average of $2.26. too d.c. average is $2.44. maryland $2.21 and west virginia, $2.28. >>> in honor of a lifetime for one of america's most favorite >>> that bright october sun is beginning to warm things up, a live view from the tower camera showing some little patterns of color showing up in the urban forest of northwest washington. and off in the distance on the horizon is montgomery county where we're seeing increasing color and much farther west, we have deep color out in the mountains right now. we'll get the peak color in the metro area, that will be by halloween. but we are getting beautiful isolated trees showing up, this was taken a couple days ago in montgomery county and posted on my twitter picture and instragram and facebook. by 7

. >> the contractor lockheed martin stopped by newtown. >> thank you very much, congratulations on your work. >> shared video of oryan's first flight on it's journey to mars. >> you want to get this up to about .1. want to get speed in. >> back in the johnson space center in houston astronaut lee exercised extreme patience as they showed me how to dock oryan. >> i did it? yes. >> that's awesome. >> flew to the international space station in 2002 and helped build it. he spent years developing oryan's cockpit. >> ten, 2030 years from now, the astronauts who are go out and land on an as trod or go to mars or land on the moon are going to be working with the displays that we're developing today. and that's exciting. >> let's do the math. >> you can feel the excitement in the martian. all nasa all the time. >> if i can figure out a way to make contact with nasa none of this matters. >> the movie used oryan actually launch. >> the martian uses a piece of the segment and part of this in florida is flying away from the background at the end of the movie. pretty cool. matt damon. >> you're sitti

two aerospace companies unveiled their latest tech and lockheed martin showed up on manned helicoptersed to help dump water on wildfires in idaho. and he firefighters at a safe distance. that is the whole point. the bill is $5 billion. jonathan: if it saves lives, that is a good thing. the f 35t fighter jet, strike fighter. theyoint strike fighter, have been in development for 15 years. did we build the pyramid the last time? it's one of the most lethal fighter jets in the world. a different type of jet is made for different branch of the military. alison: 15 years. howl to come on abc 7 news, you can talk to your children when it comes to avoiding online predators. sheriff michael chapman is here to talk about the courses available for you. that is coming up. reporter: a possible new requirement for high school graduation in the district of columbia. on suzanne kennedy. i will have that story when abc on suzanne kennedy. i will have that story when abc 7 news ♪song: "that's life" ♪song: "that's life" on suzanne kennedy. i will have that story when abc 7 news ♪song: "that's life" ♪song