meantime check out some of the big defense names on the offensive right now, ratheon, lockheed martink highs mike has the action. >> reporter: virtually all of the defense stocks and etfs are well above average today the three stocks you just mentioned traded three, four and five times and lockheed martin did see one substantial trade in the other direction, the april 430/382 1x2 put spread somebody spent $8.40, an outlay of $5 million on a premium worth $27 million if it falls back to the preinvasion level. possibly hedging along exposure there. >> tim, wouldyou fade or trade these defense -- >> i would trade them. an rtx i'm long, you have some legacy utx dynamics you get 15 plus percent i think it grows the next few years. this is growth at a reasonable price. i think in lmt have had a good run. some concern around that deal with aerojet that got in the way of we'll see. a lot of people felt m&a head winds. valuations are not terrible here i think it's a good environment. >> mike, thanks. be sure to tune in to the full be sure to tune in to the full show friday at 5:30 eastern ♪ ♪

lockheed martin senior vp joins us right now. good to have you with us.sions are escalating in ukraine. geopolitics, the news of today pretty much. is that prompting greater demand for weapons? what are you seeing at lockheed? >> certainly -- and by the way, it is wonderful to be with you. certainly, events like ukraine and elsewhere in the world bring attention to this. i think there is longer term trend. there's a lot of entities began small who are threatening security in a lot of different ways. there using high-tech not -- hi end technology and that has -- a broader interest in national security. that rises the broader market more than individual blips, but they certainly bring attention. >> what are they wanting when it comes to these weapons and aircraft? do the -- do they go beyond f-16s? >> i think certain they across this region we see everything from maritime surveillance and anti-submarine warfare, helicopters, combat aircrafts, f-35's, air defense are big certainly within this region. a drive toward connecting systems together, you drive towa

lockheed martin's aero jet was terminated that's not a surprise there.sult of that when we first saw the ftc and kind of got a sense it was not going to happen but you know what is interesting there was no reverse break fee one would have anticipated they would have made sure to have a reverse break fee. namely getting paid if the deal broke and they were forced to walk away. no failure there, i would argue. >> yeah. there was support from the department of defense for this deal that certainly seemed to potentially on both sides perhaps there was why they didn't see the need for a reverse break fee. >> it could be important it's very good company i don't know why they shut them out. >> itext him. >> anything you want to share? or super bowl related? >> no. >> no. >> he can't tell me anything the best piece of research today, and we have to talk you know what they did >> yeah. it was valentine's day wells fargo, mike mayo sent a hate letter to jamiediamond an doesn't even mention his name. this is the jamie, i know you're watching i want to apologize for

we are in the clean room at lockheed martin in denver, colorado.inal preparations are for their goes r series of satellites now notice all of the equipment that i'm wearing here. this is to protect those satellites so no debris, dust or dirt gets on those lenses. it's important because all of that data is going to be fed back to us, and we're going to be able to improve our whether predictions and those forecasts and so you're looking at the goes, you satellite. that's the last one will be launched in a few years. but what this does is it gives us imagery and so it can send back down to noah, and they can better make those forecasts. so let's use the hurricane season as an example when those storms move over warmer water. we can track that rapid intensification. that is just one of the capabilities of these amazing satellites and from here in the clean room at lockheed martin in denver, they are shipped out and then they will be sent into space. and that is when we'll get that real time data back. for years to come, and that will help us improve ou

i think the key is lockheed martin. >> lockheed martin >> yes it's the one -- they have -- >> okay. >ave big numbers. if you see lockheed martin reverse, then you'll know that -- [ applause ] >> yeah. [ cheers and applause and not schlumberger so let's watch the munitions companies. i think they're up too much. [ opening bell ] >> there's the mayor of new york eric adams he'll join us on set in a few minutes. over at the nasdaq -- [ applause ] >> we'll go to first rise. it's the biggest deal i've tracked this morning dollar wise that's "t-d. we're talking about first horizon corporation. guests you've had on. >> yeah. i have them on on "mad money." >> yeah. it's a large deal. it's a fairly significant -- 13 let's call it $13.4 billion. $25 a share. "t-d" getting bigger in the u.s. >> this is shock mog me. brian geordan has been working endlessly and made acquisition everything he does is -- everything even though he's a great banker. it's tremendous cost and, you know, in the end it wasn't enough to move the stock. why? because it's tracked by the etfs it didn't matter if brian is a s

here as defense contract a lockheed martin is scrapping a $4400000000.00 plan to take over rocket engine maker aero jet rocket di regulators in the states had sued to stop the deal. the federal trade commission argued it would lead to higher defense systems. costs is the 1st time in decades the f t. c. as opposed to defense sector deal. the world trade organization says truck global trade bottlenecks. it should ease in the coming months with the most pressure coming from demand spikes, as opposed to supply chain snacks. but the, the whittier is chief economist says supply disruption will be more obvious in the auto sector or in industry shifting to new manufacturing helps take his present reject tie a pair to one has announced that sales tax on stable foods will be reduced from 8 to one percent, as meant to give current customers some relief from the, with the official inflation figure at 50 percent or thereabouts tapped on flour and bread is ready. one percent speaking of which turkey's runaway inflation has been making headlines for a while now. in berser, the hub of the country's car

you are seeing a lot of defense contractors including lockheed martin, nor

flip up the board, northrop grumman and lockheed martin. ed shares slightly higher probably for a different reason. that deal that was apparently going to be blocked by the federal trade commission. spelunking apparently got a bid from -- splunk apparently got a bid from cisco. speculation about m&a remains in that space. peloton shares down slightly after the interview with the new ceo gave to the financial times saying he does not plan to pursue any type of m&a for peloton. tom: we finally have headlines across the european time zones. this from mr. putin as well. nato eastwards expansion is endless and very dangerous. going back to the core visibility of the nato issue. we talked about mr. stoltenberg in romania late last week on the black sea. we will continue to monitor those headlines out of russia. oil under $94 a barrel on brent crude. tom: the history of that line all those decades ago. when he floated that idea of not moving an inch eastward. and we are still debating what he meant by that. the u.s. decided their interpretation of

the ceo of lockheed martin, the ceo of boeing, the cl raytheon, the ceo of groman, the people who run the complex that why can't members of congress stand up to them then mr. wilson, i mean, you know what you're saying? it's, it's not completely new. you know, maybe it's a little bit and i even tell you here in this question, but you know, what about the elected members of the united states? can't they stand up and say, no, this is not in the interest of our national security. as an excellent question ever since citizens united, the supreme court decision, essentially declared corporate money just like people's money. that is, a corporations are human beings. under the law, we have had such a pollution of money and our political process that the chairman of the senate armed services committee, the chairman of the house armed services committee, all the members of the committee, all congressmen and senators who work anywhere near defense if they're not of the progressive caucus or whatever and just committed to cut the budget are for the budget. look at what just happened. $76800000000

we have now learned that lockheed martin has terminated a path to buy -- this was supposed to be a $4.4 takeover by lockheed, which already antitrust regulators had moved to block. already during the merger developments, we actually saw the board fight continue, as it was revealed that there was the long simmering tension between the chairman and the chief executive officer. and now we are seeing the lockheed martin has terminated that pact by aerojet for $4.4 billion, as u.s. antitrust regulators have moved to block the merger. haidi: let's get to vonnie quinn with the first word headlines. vonnie: tensions over russia's military buildup near ukraine are entering a potentially decisive week. the u.s. says an invasion may be imminent while vladimir putin accuses america failing to meet its demands. a phone call saturday between biden and putin made no apparent progress. there is a distinct possibility of major military action soon. pakistan has warning that afghanistan could send -- threaten regional stability. the prime minister pointed to the u.s. refusal to recognize the taliban, cou

and bathing just now that will sanction to washington's top defense contractors, raytheon and lockheed martin once again. this time over 100000000 dollar deal for the 2 companies to help maintain timelines missile defense system. previous sanctions against the companies were announced in 20192020, but this time china cited it's a new anti for infectious law which was created as a response to us sanctions. now this march, the latest, and the continued tension between the world's 2 largest economies. while us argue that has the right to sol, taiwan, millions of dollars in weapons under the 1979. taiwan relations act, while making argues at washington is in violation of the one china policy which sees china as part of sorry, which sees taiwan as part of china. and is therefore a threat to national security. us arms sales to taiwan and china seriously violates the one china, principal and visions of the 3 china us joint communiques, especially the august 17th to communicate seriously, undermine china sovereignty and security interests. damages china, us relation and peace and stability in taiwan

now i did my abraham smith, lockheed martin abraham. okay. and you know no down, no down with lenovo. i grew up with them, so i wanted to properly, i exclaimed, program. and so i made the director of theater. but i also only work on the outside programs that change communities. and i wanted to bring my program here to this community. so the project that i want to bring here is a, is a women empowerment project. we work with some special people in nigeria who i am. denali would feel when industry. i'm now starting my program to d. today's the 1st day that i'm going to meet with about 50 women. we will build a community center, a platform where we will do the show where now hoping that that platform will become a community sent out so that we many your community can participate and can benefit from it. so i'm here to ask your permission. thank you. you're welcome. i'm so group truly because you know, we are this, it well for me to let me put this week. i look low monday, elaborate belligerent. every day, i beg to increase. many, well, many orga

in fact, the budget for lockheed martin alone exceeds the size of our state department and development budget, so how are we supposed to lead with the things that are not military power if we are not empowering the ones who have those other tools at their disposal? now we have had some improvements, some improvements in morale, but it has not gone far enough yet. if you care about these issues, again, reach out to elected officials. host: her book is called "the dissent channel, american diplomacy in a dishonest age." we are talking about the u.s.'s role in assisting democracies worldwide. 202-748-8001 for republicans. democrats, 202-748-8000. all others, 202-748-8002. on the independent line, monty in georgia. caller: thank you for allowing me to speak. and i had to hold for a a while. how are you today? guest: very well. caller: my comment is that -- americans call in every day, we listen to c-span, and it is a blessing to be able to make comments like these. i agree with the guy about the military industrial complex. the u.s. military is pretty much the arm of the elite. people who

we checked in among jim risch's top donors are lockheed martin, raytheon, northrop grumman, the war lobbyntirely surprising that jim risch wants more. risch cannot admit it in public so when cnn use the line you so often hear from washington firm or enthusiast trying to hide their real motives. ukraine is a democracy. we side always with countries that are democracies. pretty familiar stuff. but we wondered. cannot really be true? is all of this really about democracy for jim risch? so we checked that. it turns out this very same jim risch, the archenemy of nondemocracies everywhere, has heaped praise on the corrupt theocratic petro monarchies of bahrain, qatar, and saudi arabia. senator risch calls them partners and says we ought to send them more weapon systems even though those countries do not allow voting. but wait a second, jim risch of idaho, you pompous neocon buffoon. those places aren't democracies. they are the opposite of democracies. what's going on here? we call senator risch and asked him to come on the show and explain and he refused. we sincerely hope you will reconsider.

we are also seeing a big bid come into the defense contractors coming putting lockheed martin and northrop key missiles our navy uses. those are up about 3%. mining companies getting bid. newmont, barrick gold up a couple of percentage points. we can't forget about the russian stocks that trade here in the u.s. yandex down 29% in the premarket, coming off of a 36% slide over the previous days. tom: we are continuing to monitor markets on the move. i'm looking at the u.s. to year as well. i think that is at a creek level. -- a critical level. jonathan: does this change things for the federal reserve? we are risen the range of the last few weeks. we have not broken through that, still in and around 1.50%. tom: right now with a broader view, whal -- broader view, wei li joins us, local chief investment strategist at black rock. how will black rock deal with the regime shift mr. putin has handed us? wei: there are many ways to look at the definition of regime shift. we talk about the fact that we had a very rare companies in of stock up, bond down return last year, that was our expectation. fo

stuart: oh, okay so tell me about lockheed martin go ahead. >> lockheed martin is up 15% in the lastt has grown the dividend 20 years in a row. our thesis on lockheed martin has nothing to do with russia ukraine. people say well there's maybe war breaking out, don't people want more of those? there's a huge lag between order s that get placed from the pentagon and they end up getting to the bottom line of the defense companies. lockheed has to have a backlog of orders they are a cash flow generating machine and they pay a growing dividend. stuart: chevron which you recommended before. >> many times, we made an awful lot of money with it, i'm bringing it up again because of the russian energy discussion. there is no question that you're going to end up with a higher margin. these producers, exxon, chevron, make money at $50 oil, they make plenty of money at $50 oil. 93 may not stick, you may end up in the 80s, that's a higher baseline than 50. it's higher margin, more incentive to produce, and again, all the biden administration is doing to hurt oil & gas in the states, helps exxon an

let's take a look at lockheed martin and aerodynamic. the deal has been called off. they decided to pull the plug because the sec sued to blcok it. lockheed wanted to do the deal to bring the technology in-house to develop hypersonic weapons for u.s. military. whenever you talk about the defense sector that often, it was a sizable deal now being killed. it seems like the sec is on a bit of a role in terms of their antitrust work. so if you were glued to your screen this weekend you might not have thought about that one. emily: the popular crypto platform has agreed to pay $100 million to the sec and 32 states over allegations it illegally offered a product that paid customers high interest rates to lend out there digital assets. current block five customers continue to earn interest on their existing investments but no new customers in the u.s. allowed. they plan to register a new crypto lending product that will satisfy the sec's rules. joining me now is zac prince, the ceo and cofounder of blockfi. so why not register with the sec a few years back? zac: hey, emily.

two of the handful of stocks are general dynamics and lockheed martin we'll take a closer look at thepending and which companies stand to benefit another security in this conflict cyber. names like palo alto and cloudflare surging we're back in a momentp to 10 verizon is going ultra, so your business can too. ♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ [bushes rustling] [door opening] ♪dramatic musi

are also seeing some bids come once again into a lot of those defense contractors, and putting lockheed martin, and a few others. tristan commentary out of general electric, saffron, rolls-royce, and some of the other big makers of jet engines about the supply of titanium. more than half of that came from a single source in russia, and there are some concerns about how these companies are going to diversify their supply. ge did not address this directly, but we did get commentary just before the invasion out of pratt & whitney come of the idea that they are looking for other sources, so that is something to keep an eye on as well. citigroup, j.p. morgan all down yesterday, despite the broader rally. tom: to close most event for this afternoon and important with romaine bostick. right now, we've got so much news flow in the later afternoon of ukraine, poland, up to moscow as well. on investment, robert tip joins us, chief investment strategist at pgim in the real world of debt. as you look at all is here research capable -- all of your research keep abilities, as a general statement, what do yo

amy: raytheon, lockheed martin, general dynamics all fund the center for strategic and international and influential think tank that supported this military action in response to the russian invasion. you go back to the famous promise that as secretary of state james baker made to gorbachev, when was it, in 1990 saying "not one inch eastward" that promise that nato would not extend to russia's border. medea benjamin, if you can talk about what we here in the united states on the corporate networks, the lack of presence of those who were opposed to a war with russia? >> first, i think it is very important you bring out who in these defense contractors and military contractors are benefiting from this. we have given over $3 billion in both legal aid to ukraine since the 2014 coup and the nato alliance itself, there are some organizations that come together to do things like reduce poverty or greenhouse gases. the nato allies has a goal of increasing the percentage of the gdp that country spent on the military. it is actually a goal. only 10 of the 30 so far have reached that goal and t

lockheed martin and northrop grumman are your examples.lly, oil companies that have that american exposure. a great example is eog resources. other commodities as well, simply given that russia is a big export driven economy, important to see that a lot of those prices are going up given geopolitical premiums. let's end with the bond market. as you see yields coming down below the two-year yield, nearly flat because we are starting to see a bid in those money markets. the idea that in geopolitical risk, you want their money -- you want your money where there is the most liquidity. even those in the etf world getting quite a bit. guy: thanks very much, as ever. over the weekend, the u.s. and the eu ramped up sanctions on russia. that has raised concerns amongst some of the companies doing business there. we were just hearing about that from kriti. one of those is wework. we are joined by bloomberg's ed hammond, standing by with the ceo of wework from the j.p. morgan leveraged finance conference. ed: thank you. i'm joined by the ceo of wewor

throw up lockheed martin, please, and some other defense stocks there was a call on that one, too, noturprisingly given te conflict in ukraine. upgraded by wolf toe to outperf. jim, you own lockheed. jim, is now the time to be upgrading these stocks they've had a nice move for obvious reasons. for somebody who thinks this could be over in a couple of weeks, why should i put new money to work in these stocks and you think the worst of the conflict could be behind us in a couple of weeks? >> you've got to take the longer pec picture here, which is that for a year, a year and a half, these stocks have underperformed it's been the premise that with democrats, defense funding would be slashed that hasn't been the case. with events we're seeing, not only in the u.s., but particularly in europe, you're likely to see many years of increased defense spending that's likely to be a semipermanent change coming out of a short-term conflict now i will say this, scott this is important. with the moves these stocks are moving today, i wouldn't rush out and buy lockheed and ratehon. i'd let things sett

germany announcing it is increasing defense spending so we've got companies like general dynamics, lockheed martinrthrop grumman gaining ground as vladimir putin puts his nuclear forces into special combat readiness. meanwhile the war in cyber space also heating up as the cyber hack group known as anonymous actually is vowing to take on russia on its own. here to run us through the threats that could find their way from russia to the united states, retired u.s. army brigadier general peter zwack, career military officer who not only served as the top american military member in russia, but also is a nuclear expert and the ceo of cybersecurity company z-scaler, jay chottery. great to have you both. general let me begin with you. how solid do you believe russia 's nuclear arsenal is and would putin use it? >> first question is that the russian nuclear arsenal is fully unleashed, could end the world as we know it so it is very capable, and there is no, if it goes that way, there is no anti-missile defense enough out there that could stop it, but let me comfort, we are also formidable and that's mutua

you can see onthe screen noticeably what you see in shares of northrop grumman and lockheed martin to the upside on a spiking intraday move on the headlines with russia and ukraine. defense stocks a key focus also watching that commodity complex, specifically gold prices we haven't talked about gold as a safe haven trade but topping at one point at the highest prices for gold back to pre-thanksgiving the safety trade also oil prices, u.s. crude $94.66 at the high and watching natural gas and the currency complex. safety trades like the yen and the swiss franc in focus and with exchange rates for the dollar versus the russiian ruble and ending on a quick check on the market right now taking a look at the move in the russian etfs, this is the vaneck russia etf down on that market reverberations back to you. >> thank you let's bring in frank kemp, ceo and president of the atlantic council on the phone with us today. welcome. good to have you with us i want your general take on what we heard from jake sullivan and the white house in the past hour but beginning with this, he said the west

alto networks, what's interesting about that you look at what's going on with russia, you have lockheed martin want to be putting your money right now for long term growth. charles: rob i love we can do these segments for the viewers. thanks so much have a great weekend. >> you too charles. charles: for a shortened market week and obviously very crazy, coming up, my takeaway on i don't know, let's say the heart of the market, if there is such a thing. plus, if you're a bitcoin bull, or a gold bug, tweet me at cb payne, a hell of a show down coming up, laya helpurn and peter s dr. schiff. buckle up and get popcorn we'll be right back. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire first psoriasis, then psoriatic arthritis. it was really holding me back. standing up... ...even walking was tough. my joints hurt. i was afraid things were going to get worse. i was always hiding, and that's just not me. not being there for my

northrop grumman, raytheon, lockheed martin. gold miners, the etf is gdt -- gdx. you've got to be long silver. and this whole situation, the chinese situation, the russia situation doesn't really impact the stories of the stocks you're in, let's say nvidia, they killed it. they killed the quarter. they raised guidance, great story, okay? a little expensive, but a great story. that one i'm buying today. liz: okay. nvidia at the moment, as we start to really try and figure out exactly what's going on, the russian stock market year date down just under 10%. and, again, nobody wants to see this probably except the russians and maybe the bell-russians. i love it, belarus says they'll let the -- yanukovych, that leader is out of his mind, but as we look at everything that's going on, we of do have to look at what the federal reserve is saying and what it plans to do. we now have jpmorgan saying we're going from five interest rates this year to seven. they're jumping into the seven rates this year pool. and that, to me, is rather surprising. >> it is. it shows you how da

defense contractors, so raytheon technologies, lockheed martin faces sanctions from china over pendingperson saying beijing is surging the united states to stop sales with taiwan calling it china region, dean, sounds awfully familiar to vladimir putin telling us to stop even considering opening up nato to ukraine, your thoughts on what china is doing with regard to the u.s.' defense contractors? >> absolutely. the chinese are doing two things, one they are using the same terms, echoing the same demands as moscow about ukraine. but also they are saying, okay, america, you employ sanctions all of the time, you've imposed sanctions over human rights and imposed sanctions of other things, watch us do the same thing. the choice of defense contractors is interesting because i suspect neither lockheed martin nor ratheon. port that much to china. it would be interesting challenge if the chinese were to sanction say boeing or general electric which have defense subsidiaries but sell commercial goods to china. they've avoided doing that. right now i suspect it's posturing but state tuned. maria:

lockheed martin scrapping a deal to acquire rocket engine maker aerojet.as those details. cheryl: good morning. the decision coming after the federal trade commission sued to block the $4.4 billion deal last month over antitrust concerns. merger drawing criticism because it would give blockade at dominant position over a vital piece of the us missile industry. saudi arabia transferring $80 billion worth of shares of oil giant remco. this is part of a plan to boost the public investor fund assets under management, low energy prices the king of the investment and subsidies at home with the state remaining the larger shareholder. to the beijing olympics, russian skater has been cleared to compete in the women's figure skating competition despite failing a pregame drug test. arbitration of sport giving her a favorable decision partly because she's just 15 years old. decision creating backlash with the us olympic and parikh olympic committee saying they are disappointed by the message this decision sends. and finally, post a super bowl. 56 the super bowl is in

i would buy raetzon technologies i'm not going to sit there and buy -- >> i don't want to buy lockheed martinn going up for they realize they're wrong? >> this stuff collapsed after desert storm i'm not going into that. i compared it to desert storm except for the bad guy will win. it could be -- look, if there is massive fighting, then that does not necessarily mean there won't be capitulation. because ukraine has done the divisions. look, putin is throwing -- he's not throwing what was being thrown -- i mean, got a lot of fire power. >> true. >> and you can't fight them. you can't fight tanks with guns. you can't. and i don't see -- it's not tank protected. >> no. not by any stretch of the imagination. axp, visa, boeing a lot of cross border travel/payment-related names leading. >> warren buffett owns so much of the stock now on axp and, david -- >> yeah. >> i mean, this is owned by big institutions and it had a great quarter. let it come in i'm interested in american express. by monday, okay, what -- >> you've been talking abouting axp for awhile. >> i've been loving it if you're in the re

will join us to weigh in on all that check outsome of the defense stocks getting a boost today lockheed martinop gr grurmenened up all bweeten 1.7% and the pursuit is on. the pursuit of outperformance at pgim. y prtg n we'll be right back. 4■ with deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlas at pgim. the investment management business of prudential. [sfx: street ambience] ♪ ["fly me to the moon"] ♪ ♪ ♪ imagine a community where millions share ideas and trade stocks, crypto and beyond. to the moon? in other words... etoro.the power of social investing. >>> stocks are drifting a little lower here again as we head to the close. dow down about 5 moints. banks have been among the hardest hit sectors all day long following a drop in treasury yields and as sanctions increase uncertainty around the whole system let's bring in mike mayo i wanted to start can city group getting hit the hardest. down 5%, disclosing $10 billion of exposure in

defense stocks also in the green, northrop grumman, lockheed martin seeing strong gains.american, united, southwest all closing out the day in the red sara >> saw a sharp turn lower in the markets after the white house told americans in ukraine to leave in the next 24 to 48 hours. that russia could invade before the olympics end joining us now is ian bremmer, founder and president of the eurasia group. ian, always good to get your read you talk to a lot of investors and clients about these geopolitical issues. what are you telling them happens next, especially in light of the news that there will be a phone call between putin and biden tomorrow morning? >> yeah, i will tell you that 24 hours ago, the expectation was that the phone call between biden and putin was going to be next week. so there is urgency. and this call is absolutely critical diplomacy with the russians, not just between the russians and united states, but with the russians and the eu, the russians and innato allies have not gone well. frankly. macron's trip to moscow was ineffectual. the british foreign

. >>> lockheed martin scrapped plans to buy rocketdyne for $4.4 billion. ocked that ded deal the ftc said the deal would give lockheed access components to build space systems. rocketdyne is down 8 cents this was seen over ofthe last month or so. andrew >>> thanks, pecbecky. coming up, we will talk about the protests in canada phil lebeau will join us next. >>> then ftx making a splash with the super bowl ad with larry david. the ceo will join us in los angeles in a moment. "squawk box" rerturning after this large shot of the doughnut right there of the rams. >> announcer: executive edge is sponsored by at&t business keeping your business connected. g every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromatherapy rugs! i'll take one in blue please! it's not complicated. at&t is giving new and existing business customers our best deals on every iphon

analysts at jpmorgan say the escalation of geopolitical tensions could help lockheed martin and northroprthrup up one person. no matter who does business in russia they are aware of the pitfalls and challenges and many have contingencies in place but with more severe sanctions expected repercussions will test the best of those plans. stuart: we will hear those sanctions less than an hour from now. i want to bring in senator marsha blackburn. you want to remove vladimir putin from the international payment system, the banking system. that would be the harshest possible sanction and would have profound negative repercussions for america and europe a. you want to go through with that? >> it is certainly something that should be a point of consideration. everything should be on the table because vladimir putin has gone into ukraine. they have conducted a full force invasion. they are continuing are going after ukraine, the infrastructure, going after airports, air defense. we expect they will continue this advanced and cyber. cyber infrastructure and everything. stuart: do you think american

defense stocks, lockheed martin, raytheon and northrop grumman this morning are higher, up better than 5% on each of them. the shares of northrop grumman up 6.5% right now. weapons makers gaining on bets of bigger spending as russian forces continue to attack ukraine. european defense stocks also higher as germany is now increasing its defense spending above its target level of 2% of gdp. markets this morning selling off, we are waiting on any developments out of these talks on the russian war in ukraine. it stretches now into a fifth day, but the delegations are beginning to talk this morning at the border of belarus, and we will get you any details that come out of those talks. the dow right now down 365 points, better than 1%. the s&p 500 down 55, and the nasdaq lower by 1.25%, that's 181 points lower. all three major indecease rallied at the edge of the week last week -- end of the week last week, the dow and s&p were higher on the week, the dow up 2.5% friday, the nasdaq up 1.66% and the s&p higher by 2.25%. joining me right now is jimmy lee, also joining the conversation all morn

in fact, the budget for lockheed martin alone exceeds the size of our state department and developmentget, so how are we supposed to lead with the things that are not military power if we are not empowering the ones who have those other tools at their disposal? now we have had some improvements, some improvements in morale, but it has not gone far enough yet. if you care about these issues, again, reach out to elected officials. host: her book is called "the dissent channel, american diplomacy in a dishonest age." we are talking about the u.s.'s role in assisting democracies worldwide. 202-748-8001 for republicans. democrats, 202-748-8000. all others, 202-748-8002. on the independent line, monty in georgia. caller: thank you for allowing me to speak. and i had to hold for a a while. how are you today? guest: very well. caller: my comment is that -- americans call in every day, we listen to c-span, and it is a blessing to be able to make comments like these. i agree with the guy about the military industrial complex. the u.s. military is pretty much the arm of the elite. people who are