they learned it from the defense contractor lobbyist this is a policy from them but in terms of lockheed martin the biggest defense contractor in the world while lockheed has run h. h. s. computers for a long time its business with the agency has increased by more than half since two thousand and six to three hundred million dollars annually according to federal records however it's not just cyber security. skills washington employees especially prize health analytic skills so we have two hundred epidemiologists we have clinical the titians we have physicians we have nurses said amy caro head of the health division of northrop grumman better known for its b two stealth bombers so there is northrop grumman and there so remember we showed their stock chart up sevenfold since two thousand and eleven and they are big time into their getting you know the cyber security of course any sort of internet. computer system programs those are way to easy to defraud governments out of earthly integrated yet it's like a fast food industry sells you to fast food that gives you the diarrhea and then they sell a

they learned from the defense contractor lobbyist this is a policy from them but in terms of lockheed martinthe biggest defense contractor in the world while lockheed has run. computers for a long time its business with the agency has increased by more than half since two thousand and six to three hundred million dollars annually according to federal records however it's not just cyber security. skills washington employees especially prize health analytic skills so we have two hundred epidemiologists we have clinical situations we have physicians we have nurses said amy caro head of the health division of northrop grumman better known for its b two stealth bombers so there is northrop grumman and there so remember we showed their stock chart up sevenfold since two thousand and eleven and they are big time into their getting you know the cyber security of course any sort of internet. computer system programs those are way to easy to defraud governments out of the vertically integrated yet it's like a fast food industry sells you the fast food that gives you the diarrhea and then they sell and

i want to put this question to mike stone, lockheed martin.e tweeted -- "based on the tremendous cost and cost overruns of the lockheed martin f-35, i have asked boeing to price-out a comparable f-18 super hornet!" talk about trump's relationship now with lockheed martin and boeing. >> there were several tweets that were very surprising to the business community. everyone did not know what to do at the time. however, here we are a year out and what those tweets were, criticizing carrier for moving jobs to mexico, criticizing boeing for the cost of air force one, criticizing lockheed martin for the cost of the f-35. these tweets became strawmen. and now these ceo's have falls criticism of the president and have been given this victory over that strawmen. the relationship looked very difficult at the time, but here we are a year on and he is about -- he is literally picking up the telephone and closing deals and becoming the high tech sales person that the art of the deal president wants to be. amy: i want to thank you both for being with us, bi

i want to put this question to mike stone, lockheed martin.e tweeted -- "based on the tremendous cost and cost overruns of the lockheed martin f-35, i have asked boeing to price-out a comparable f-18 super hornet!" talk about trump's relationship now with lockheed martin and boeing. >> there were several tweets that were very surprising to the business community. everyone did not know what to do at the time. however, here we are a year out and what those tweets were, criticizing carrier for moving jobs to mexico, criticizing boeing for the cost of air force one, criticizingrtin for the cost of the f-35. these tweets became strawmen. and now these ceo's have falls criticism of the president and have been given this victory over that strawmen. the relationship looked very difficult at the time, but here we are a year on and he is about -- he is literally picking up the telephone and closing deals and becoming the high tech sales person that the art of the deal president wants to be. amy: i want to thank you both for being with us, bill hartung o

according to sources, he made stops at facebook, google and lockheed martin. he inspected two satellites that lockheed martin is making for a saudi company. he has launched an ambitious plan called vision 2030 to move it from the oil-based economy to a tech-based future. >> it has had a long-term view of where they want to go. they're investing hard in the economy that helped in technology that helps their commerce and helps their national defense. >> the crown prince got a lot of attention when word got out he bought out the entire four seasons hotel for his stay here. >> he's on the cover of "time" magazine, i think, this week. big deal. >> and here he is. enjoying the rain, hopefully. never more than seven minutes away from your accuweather forecast. so mike, you're telling us that this is actually not the worst of it. the worst of it comes tomorrow morning. >> i think the worst will come in waves. but yeah, tomorrow morning will be the last push of the weather. some of the heaviest tomorrow with the thunderstorms. don't let your guard down today. it will b

lockheed-martin and saudi arabia have been doing business together for 53 years. silz c silicon valley is of interest to crown prince mohammad bin salman. the initiative is called vision 2030. this is video from the initiative's website. >> what do you be the most sig enough fant -- >> reporter: san francisco base uber for example received a 3.5 billion dlrinfusion two years a from the fund. fund. >> i'm not sure what saudi arabia can offer besides money. and silicon valley is not hurting for money. >> reporter: the price tag for saudi arabia's futuristic project is $30 billion. the country has a long history of spending money for technology and is interested in a long range civil defense system. >> they're really developing technology that helps their commerce and helps their national defense. > reporter: saudi arabia has been criticized for its human rights record and for its treatment of women. as part of the crown prince's visit here, he plans to announce -- >>> president trump resurrected his defunct conspiracy theory that millions of people voted illegally i

thirty five now this is lockheed martin stealth jet that's been touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the professionals they get to sort through the air using this tactical simulator of a helicopter i can even fly a mission over the small german town albeit a bumpy ride with me in charge companies from all over the world to showcasing their wares in germany is in the market to buy the country's army chief is already call to defense spending by fifteen billion euro by twenty twenty one but opposition politicians aren't happy with that direction all the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the mall and very. serious education. system in germany for example and. military and if you look at the german population german population wants peace so i walk around and. everyone says i want peace so i think the government have to listen listen to the population and we as a left brain. and other actors. human mystic just prove that position as

thirty five now this is lockheed martin stealth jet that's being touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the professionals they get to sort through the air using this tactical simulator of a helicopter i can even fly a mission over this small german town albeit a bumpy ride with me in charge companies from all over the world to showcasing their wares in germany in the market to buy the country's army chief is already called to defense spending by fifteen billion euro by twenty twenty one but opposition politicians to happy with that direction all the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the mall and very. educational. system in germany for example. in the military. and if you look at the german population german population wants peace so i walk around in her or and. everyone says i want peace so i think the government have to listen to the population and we as a little bring forward the position and other actors. you mystic just bring

this is lockheed martin stealth jet that's been touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the professionals they get to saw through the air using this tactical simulator of a helicopter i can even fly a mission over the small german town albeit it's rather a bumpy ride with me in charge companies from all over the world to showcasing their wares and germany is in the market to buy the country's army chief is already call to defense spending by fifteen billion euro by twenty twenty one but opposition politicians happy with that direction all the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the mall and very lax in the. education. system in germany for example. in the military. and if you look at the german population german population wants peace if i walk around in. everyone i want peace so i think the government have to listen to the population and we as a left bring forward that position and other actors. humanistic just bring forward that p

companies are out with good numbers and decent guidance, but they are not doing anything today lockheed martin, for example, down 6%, decent numbers, dragging down boeing on top of that, and then heaven help you if you give guidance that is unexpected or disappointing. 3m lowered a little bit, lowers high end of the guidance that's not a typo, down 7% that, alone, is 100 points in the dow jones industrial average. then there's the rates issue i want to change that discussion a little bit, make it an inflation issue. company after company, this morning and the last few days, has mentioned higher input costs, so 3m, for example, talked about higher cost for transportation, kimberly-clark talked about margins impacted by commodity inflation. procter & gamble said higher commodity costs affects them caterpillar said field costs were higher. this is a theme now. it's going to be an issue going forward. finally, another big issue, consumer staple stocks every single day, we're seeing consumer staple stocks hit new lows, pepsi, procter & gamble, all of them down 20% this year of course, brand issues

lockheed martin are stalling big. after it failed to raise its 2018 cash flow projections, the number one weapons of fire from pentagon, the first quarter estimates raised its full-year guidance but it's in a dispute with the pentagon of the cost of its jets. jan says defense department is tightening up. the f35 are certainly too expensive so the not taking delivery from lockheed martin of five to ten planes. they remain undelivered. we will be back with much more will we come back. countdown to the closing bell, we are watching the markets very closely ♪ can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. but i'm not standing still... and with godaddy, i've made my ideas real. ♪ ♪ i made my own way, now it's time to make yours. ♪ ♪ everything is working, working, just like it should ♪ the nasdaq was down 167 points at one point. we are down 145 right now. what does thi

lockheed martin and saudi arabia have been doing business together for 53 years.ilicon valley is of interest to the crown prince because of his nation's plans to billed a tech hub named neon. where it's claimed there will be more robots than people. the initiative is called vision 2030. this is video from the initiative's website. >> what do you anticipate to be the most significant feature of the 21st cent. >> a large launch event was held last fall drawing global business leaders. the sovereign investment sfund a big tech investor. san francisco based uber for example received $3.5 billion infusion from the saudi fund. the ambitious fund to create a sail convalue in the middle east could be difficult acre entrepreneur and finances professor robert hendershot. >> i'm not sure what saudi airbornia officer for besides money. >> the price tag for the future ifrtic proj is $500 billion is would be over 30 times larger than new york city. the country has a long history of spending money for technology and is interested in a lockheed martin missile defense system. >> s

he's expected to see the satellites and cutting edge space technologies according to a senior lockheed martine the key spo components that the saudis are buying right now saudis are putting a lot of money into defense contracts right now. including based on that arms deal that was struck last year by president trump about $28 billion in orders just for lockheed to be carried out over the next decade alone. so this, of course, comes after he visited with boeing last week and also signed an agreement to do a joint venture with boeing that will repair and update military aircraft in saudi as well the other thing to watch >> stocks getting a nice push here as europe's about to close. germany's going to close almost up 3%. let's get to seema mody back at hq >> that's right, carl. european stocks rallying to a two week high as we await for details surrounding u.s.-china trade. markets up more than 2% today catching up to yesterday's rebound in the u.s yep, german dax up 3%. germany which has been under significant exposure to china is leading the pack today led by the exporters those includes sieme

i mean to see names like lockheed martin trading lower. caterpillar up 2% is off its highs of the day we got some pretty strong numbers so far this season why do you think we're starting to see weakness or continuing to see weaknessin these stocks? is this shifting the conversation back to peak earnings or is this profit take something. >> i don't think it's peak earnings so much as it is having already bid up these prices on the assumption the earnings were going to be great the tax winfall was going to be seen in these numbers and the fact that the global expansion was going to lift earnings to fairly spectacularly heights. i don't think it's a conversation you have about peak earnings nearly as much as it is on the market and the rumors as in the news. >> it's also a little bit of investors need to be careful what they wish for we think back eight, nine years ago, wages, some concern about inflation, a federal reserve that was able normalize and increase interest rates and ten-year rates, you know, moveing up, all of that good signs. we

thirty five now this is lockheed martin stealth jet that's being touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the professionals that get to sort through the air using this tactical simulator of a helicopter i can even fly a mission over this small children town albeit rather a bumpy ride. with me in charge companies from all over the world are showcasing their wares and germany is in the market to buy the country's army chief is already called to defend spending by fifteen billion euro by twenty twenty one but opposition politicians aren't happy with that direction or the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the mall and there is. a serious issue of education and the climate solutions of the health system in germany for example. the military says and if you look at the german population german population wants peace if i walk around and. everyone says i want peace so i think the government have to listen to the population and we as a living

nasa wants to re-introduce supersonic flight. ( darya )the space agency announced it had picked lockheed martinrtin aeronautics company for a low-boom flight demo contract.( terisa )the deal is reportedly worth nearly 248-million dollars.the contract calls for lockheed martin to design an experimental aircraft called an x-plane.( darya )this aircraft would cruise at 940-miles per hour -- but instead of a sonic boom, it would make very little noise. nasa is expected to fly the x-plane over some american cities within the next few years. (mabrisa) tracking the weather this morning. your forecast is right after the break. my name is jamir dixon and i'm a locate and mark fieldman for pg&e. most people in the community recognize the blue trucks as pg&e. my truck is something new... it's an 811 truck. when you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you don't hit them when you're digging. 811 is a free service. i'm passionate about it because every time i go on the street i think about my own kids. they're the reason that i want to prot

. >>> a rise in fighter jet sales helped lockheed martin. they raised their full years earnings guidance, but iestors were disappointed to hear that the company was maintaining its 2018 cash flow outlook. shares fell 6% to 336.49. >>> d sales inched higher at harley-davidson helping the motorcycle mer deliv an overall earnings beat. total shipments during that period didall but the company reaffirmed its expectations during the full year saying it sees momentum picking up in various foreign markets. harley-davidson shares climbed more than 2% to$42.01. sue? >>> higher selling prices helped home sales and orders rose. that h prompted thee builder to hike the home sales guidance. shares rose nearly to $29.65. jetblue hadher revenues. revenue edged higher but not good enough to beat estimates. they expect a keyf measure its revenue to fall as much as 3% this quarter. shares ofetblue fell nearly 2% $19.53. >>> freeport mack moran said it sees copperll sales g. shares plunged 14% to $16.. >>> and t majority of wells fargoho shareholders to re-ele

the industry consortium owned by boeing and lockheed martin. it currently relies on russian engines. lawmakers want thos phased out. >> in 2020, we're so excited about that, we'll introduce these elements. then full new technologies in an advance upper stage. >> reporter: blue origin is competing to build the engine. the contract its expted to win when the decision is announced, quote, soon. smith says it will mean new revenue stream and fit into a broader strategy taken from the amazon playbook. >> buildspa lities, builds capabilities, gains some customer base and continues to build on that. we're going to do the same kind of strategy of building capability after capability and making sure wget customer adoption as we go along. >> reporter: blue origin isti co customers for its own rockry. plans to caying passengers past the edge of space could take place as soon as this year. it all speakso the unprecedented role the private sector's phiying in new space race. as billionaire visions now realities. >> i think we'll have obviously flying space

contractors lost ten point two billion dollars in one day who will cry when when peace occurs to lockheed martin northrop grumman general dynamics raytheon and boeing and last but not least i give you a reporter from the u.s. military stars and stripes newspaper bob reid he commented north and south korea agree on denuclearization of the peninsula but fall short of specifics which is true yet is president moon seeking a separate peace with the north sidestepping the all important u.s. security interests he's this isn't this is what this is what western media and the think tanks they can't comprehend it's not about them this is their real big problem you know it's very interesting is that the north korean regime if we can use that word this is a very calculated plan on their part and they understood what happened in libya they understood what happened in iraq ok so they come to the peace table strong and it's important and with nuclear weapons and with the goal of maintaining their sovereignty i don't understand what's going on in the think tanks in washington d.c. this is as patently obvious as

it signed a $247 million contract with lockheed martin to fill nasa's first experimental jet in more than a decade. it could help bring back supersonic jet travel for the first time since the concorde. the goal to fly 900 miles per hour without a sonic boom. >> that would be nice. >>> all right, when we come back the leaderboard at the masters and the rough start for last year's champ. >>> first why stormy daniels' lawyer says the president's new comments about the porn star are likely an early christmas present. >>> a major cruise line responds after passengers say their trip was a nightmare because of endless construction on the ship. before you and your rheumatologist move to another treatment, ask if xeljanz xr is right for you. xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well. it can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't

thirty five now this is lockheed martin stealth jet that's being touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the. they get this all through the air using this tactical simulator of a helicopter i can even fly a mission over the small german town albeit it's rather a bumpy ride with me in charge companies from all over the world to showcasing their wares in germany is in the market to buy the country's army chief is already call to defense spending by fifteen billion euro by twenty twenty one but opposition politicians to happy with that direction all the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the mall and very lax in the. education. system in germany for example in the. military. and if you look at the german population german population wants peace if i walk around in her or and in everyone see i want peace so i think the government have to listen to the population and we as a little bring forward that position and other actors. humanistic

thirty five now this is lockheed martin stealth jet that's been touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the professionals they get to sort through the air using this tactical simulator of a helicopter i can even fly a mission over this small german town albeit rather a bumpy ride with me in charge companies from all over the world to showcasing their wares and germany is in the market to buy the country's army chief is already called to defend spending by fifteen billion euro by twenty twenty one but opposition politicians happy with that direction all the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the moment very. serious for education. system in germany for example. military. and if you look at the german population german population wants peace so i walk around in. peace so i think the government have to listen to the population and. just. you mr it just proves that position despite those dissenting voices it does seem that the german mi

how about one that has had some problems with this joint strike fighter recently, that is lockheed martin. this looks similar to what we saw in boeing. lockheed peaked in february and sold off hard. lockheed's floor support is defined by six-month up trend line pretty interesting to see that right here marino sees the same situation meaningful downside. chaikin money flow, neutral. but it helps that the stock is pushing up against the ceiling resistance here, if it rallies another dollar, it will have the breakout that marino is looking for. can you imagine this is 1 dollar away here is the stock that is trending down. last week general dynamics fellower in the channel and today it broke out above the high end of the channel. and he really likes what he is seeing here. this oscillator, let's see, that one is making a bullish cross over based on today's move, marino thinks this stock could go to 230. i have been losing faith in part because of the commercial jet business finally let's talk about the daily chart of raytheon which is an especially high-tech defense contractor the most bullis

thirty five now this is lockheed martin stealth jet that's being touted as a replacement for the tornado fighter bomber that's currently operated by the german military and it's not just the professionals that get to sort through the air using this tactical simulator of a helicopter i can even fly a mission over these small children town albeit a bumpy ride. with me in charge companies from all over the world to showcasing their wares and germany is in the market to buy the country's army chief is already call to hike defense spending by fifteen billion euro by twenty twenty one but opposition politicians to happy with that direction all the pressure being put on germany by its nato allies to spend more on the military this is the wrong direction in the moment there is in the. education and the climate solutions of the health system in germany for example and in the. military . and if you look at the german population german population wants peace so i walk around and. everyone say i want peace so i think the government have to listen listen to the population and we as a left bring forwa

you know well i mean look at some of the military industrial complex characters like boeing and lockheed martin there are. couple of them that are almost two thousand percent since the war on terror but the war on what is the war on terror really it seems to more like it's a war on democracy and look i mentioned this on the show a long time ago first what you have is a currency war which we had nine eight or nine years ago we're still seeing currency wars currency wars lead to trade wars and trade wars lead ultimately to hot wars now the war on democracy i mean this is propaganda squared i mean you can't believe anything that's in the traditional media anymore c.n.n. for example you know own c.n.n. turkey which is a propaganda network c.n.n. america's not much better in terms of propaganda but we never say the u.k. the u.k. think about the propaganda b.b.c. and think about what to reason may and boris the liar johnson have done to bring a war into syria and the events in cells bury where they said oh the russians did it after five hours and then of course assad bombed people you don't need evid

missiles alone going how much do you know and everybody what i mean look this was a big week for lockheed martin and raytheon raytheon especially get a big big friday night saturday morning like they know how to party i mean lucky martens joint air to surface standoff missile has extended range talk about a name for jasmine here which c m b c calls a stealthy long range air to ground missile made its combat debut in the serious drugs they dusted jazz mirror up like a look at what we got we got jazz mere. well according to jail jazz near cost taxpayers u.s. taxpayers about you know one point four million dollars each and you know which means that the cost of jazz mirrors debut on the dance floor was about twenty six point six million tax dollars for the nineteen of them that were fired into syria you also got look the tomahawk missile all that already hold a regular i don't know tomahawk missile tomahawk missile been dancing on that stage for a long time now we've got the dynamics we've been watching has been for going to the theater going on so those who. they cost about one point four million.