and i've met with them personally, boeing on the sls lockheed martin on orion and axiom on the spacesuits and i have showed up with many of these leaders sometimes unannounced to our and their manufacturing and assembly sites. we also routinely engage with our international partners, especially esa, the european space agency, which supplies the european service module, including, we have on several occasions, visited their facilities abroad. and we must have a shared sense of urgency among all these partners. and i think we have that. as i said, the chinese government has announced their intention to land on 2030. it may be earlier. they are not planning to land humans on the vital portions that we're going to land, the lunar south pole, and it is vital for us to land on the south pole so that we do not see -- cede portions of that south lunar south pole to the chinese. we've made significant progress on the artemis campaign over the last four years, we created the moon to mars program. we've commissioned the two lunar landing systems, spacex starship and blue origins blue moon, to delive

similar at lockheed martin. i know her very well because i'm on the selection committee that made her the ceo of the year in 2018. she did a great job. the president was very vocal right after his election in 2016 saying the f-35 fighter jet was very expensive and the prices had to come down. she met the president many, many times and built a tremendous rapport with him. at the end, he was able to make an announcement with bringing the price of the new f-35 jets down while also encouraging the company to increase the number of jobs in the supply chain, all high quality jobs in america. give the president a chance to make a proper announcement and you will get a lot of mileage. >> fred hassan, thank you. >> thank you, frank. >>> coming up on "worldwide exchange," much more on president-elect trump tapping key family members for posts in the administration. we're right back after this break. stay with us. ♪ with verizon, trade in any phone, any condition. this black friday, get iphone 16 pro, on us. and ipad and a

charles: anyone will take the track record the two of course united health and lockheed martin in partthem so you're saying don't worry about it. doge will increase efficiency but these companies, still will be able to make the same amount of money? >> two different companies two different industries two different answers. united healthcare obviously they are going through a lot right now with the murder of their ceo, but also, the fact that trump today said he's going to target the middleman, the pbm's so they will have more difficulties and as a result of those compressed profit margins with large-cap pharma, look at the small cap biotechs as attractive m&a targets as a result but the department of defense, they will continue to spend our country needs to replenish upgrade and modernize our military capabilities. lockheed martin, general dynamics, how about a company like crado security and defense the drone maker. charles: ktos. >> likely acquisition play as well. charles: you still like the a.i. revolution. >> i do. charles: and bank stocks? financials did very well knee jerk react

lockheed martin is doing it now for the third year in a row. so what they do is they do $1 million match. and this is not just for the navy and marine corps relief society. it's for for the military aid society. so we're talking about army emergency relief. we're talking about coast guard mutual assistance. we're talking about air force aid society. their collective theme, this year is mission give by visiting the site. mission gives us you can give back to help max out that million dollar match from lockheed martin, the company based in maryland that helps develop space and satellite systems. also located in sunnyvale. it's go big or go home for one of the most spectacular neighborhood holiday light displays in the bay area. yeah, this is the widmer world 2024 light display opened over the weekend over on chelsea court in pleasanton. this is near fairlands drive. now each year it attracts children and adults of all ages. widmer family says that it really takes hundreds of hours to make all of this happen. the display includes moving parts like

one of the most formidable rocket launchers and trainer which was developed in cooperation with lockheed martin and cost effective. i'm glad that the u.s. house of representatives also recognized the benefits of mutual cooperation by including a language in the 2025 ndaa, mutual enhanced defense cooperation between korea and the united states. similarly, our u.s. and european partners bring their own strength and expertise to the table. for example, they are both leaders in aerospace, cyber defense, and advanced autonomous weapons systems technology. today's forum is an excellent opportunity to identify how we can each leverage our effective strength to deepen our collaboration. by working together, we can create more resilient and improve and level of success out of reach for any of us on our own. working together, will also let us better purse a research and development project, emerging technologies like ai integrated weapons systems, unmanned aerial vehicles and undersea capabilities. collaboration ensures that we stay-- we stay ahead of the competition and enhance our readiness with the ch

first, let me say thank you to lockheed martin that's given us the resources to pull this conference together i'm grateful for that, but my goodness, what a powerful lineup of speakers, i really want to say thanks to chairman mike rogers for being with us. he, about six years ago, seven years ago, gave a tectonic speech, it was earth shaking. he was out at the aerospace conference in denver and said he thought we needed an independent space force and he started the great debate that unfolded and ultimately led to the creation of the space force five years ago now. and so, we're delighted that he's here and it's great that he's with us. i want to say a special thanks to jay raymond. general jay raymond was the first, he was the inaugural commander for the space force and he just did a terrific job of lining that up and was a good friend. we played a modest role at csis, we tried to host work shops and dinners that helped lay the foundation, but it's really jay, thank you for what you did and you really did create the wonderful foundation for the space force. general saltsman thanks fo

first, let me say thank you to lockheed martin that's given us the resources to pull this conference together i'm grateful for that, but my goodness, what a powerful lineup of speakers, i really want to say thanks to chairman mike rogers for being with us. he, about six years ago, seven years ago, gave a tectonic speech, it was earth shaking. he was out at the aerospace conference in denver and said he thought we needed an independent space force and he started the great debate that unfolded and ultimately led to the creation of the space force five years ago now. and so, we're delighted that he's here and it's great that he's with us. i want to say a special thanks to jay raymond. general jay raymond was the first, he was the inaugural commander for the space force and he just did a terrific job of lining that up and was a good friend. we played a modest role at csis, we tried to host work shops and dinners that helped lay the foundation, but it's really jay, thank you for what you did and you really did create the wonderful foundation for the space force. general saltsman thanks fo

. >> there was a journalist to said there was a transfer between lockheed martin and bigelow airspace, can you describe that? >> what i can say it was blocked . white was blocked, i can only surmise. i was part of conversations later on with some of those contract personnel where they told all of us that is accurate . what was required was a memo from the secretary of the air force to make that complete and that never occurred. when secretary mattis became secretary of defense, i decided it would be appropriate to try to receive a memo from him as secretary of defense if we could not get a memo from the secretary of the air force to transfer that material. >> of that material exists today, who is in possession. >> sir, i would not be able to have that conversation in an open hearing. >> my question to you, then, is if we were in a secure setting, would you be able to provide or get access to something? whether it is visuals or material we can put our hands on or biologics, that would convince me and show me that we have nonhuman origins? >> sir, that decision would not be mine and it

more seriously, the f-35 had almost $200 billion of cost overruns with lockheed martin.of these examples where you have had systematic runs, more competition and oversight would lower the budget. >> john: well, we do remember back in the late 1990s when al gore brought an ashtray on the david letterman show. >> i'm having trouble hearing you. >> john: all right, there was a moment from back in the 1990s were al gore was pointing out that a government-purchased ashtray cost 50 times more than if you bought it and your local store. congressman, thank you so much for joining us. we appreciate it. >> appreciate it. >> john: watch to see what d.o.g.e. comes up with peered. >> sandra: john, we are awaiting that extradition hearing for the suspected killer of unitedhealthcare ceo brian thompson. we are watching for any developments, and we will bring you those as soon as we get them. that is a live shot where we could be seeing him shortly. former assistant u.s. attorney andy mccarthy is on deck. he will join us next. (vo) these days, $20 won't get you far. but at red lobster,

we have the president and ceo of lockheed martin. we have the director of space development agency and the vice chief of space operations for the u.s. 's. it is an honor and privilege to have you here on stage. thank you. -- the vice chief of space operations for the u.s. space force. >> space has changed immeasurably in the last five years. if you look at what the chinese and russians have done in advance and capabilities -- think about that. combine russia, china, and our adversaries like north korea and iraq, over 1000 constellations in space, they are serious about making sure they take over this domain and also fielding very aggressive capabilities in space. many antisatellite capabilities, things that should really put us on notice. we know, too, that the modernization of our military will be based upon what we are able to do in space. look at communications, command, and control. it will go through space. gps will go through space. the challenge -- the challenges are many. the opportunities are many. i argue that we have a gre

high-grade cvs, tapestry and lockheed martin among notable sales with the weeks total passing $23 billion just a short of estimates. new issuance anticipated to slow as the month progresses until the flood gates open back up in high yields hurts among the companies hoping to jumpstart december sales after december had the slowest month since july of 2023 and it was the slowest november since 2018. speaking of high-yield this week at the bloomberg intelligence credit conference kathy jones warned "there is a sense of real complacency priced into the market as if nothing will ever go wrong." despite spreads at historically tight levels leslie for coney of ubs is more optimistic. >> if the opportunity arises that high yields wide and we would be opportunistic because we don't think we will be recessionary. sonali: still with us is oksana aronov of jp morgan. when you look at the animal spirits in the equity market you could say the same for debt and it feels a little like silly season. people are ignoring that anything can go wrong and spreads are ultra-tight. does that make sense? oksana: t

information, whether image video, all the or all tags, then a pilot project with defense contractor, lockheed martin using the text and technique based on the principle of adversarial framing. that's when parties hostile to us the interest frame events in the media to justify support for future actions. adversarial frame uses a strange way to put it gives us interest, or could be just simply narratives that turn out to not be true, right? so they have the ability to sense or true information based on us interest, but this is how they get you to that trans media sion frame. so non russian propaganda sources. yeah. what's, that's how they get to say that we are spouting, rushing this information if we say something. but so does some random outlet. they don't like in russia, this is how, right? you notice the 51 spies. you lied about 100 by and they will still assist you. okay, the laptops, real, but it's still russian because they argue that russian propaganda outlets were amplifying it. so it's in, it's in russia's interest to stigmatize the united states or to undermine the credibility of the tub. j

hundreds of billions of dollars in potential savings, you know, i take a look at defense companies, lockheed martin. we could move -- jack: just to be clear, you're not the owner or the ceo, you cover -- >> no. they're like my little teddy bear, and i think about them daily. our defense budget at $4.7 trillion federal budget, it's approaching a trillion dollars, moving away from cost-plus contracts, updating how people bid and what is allowable, how bids are evaluated. moving to performance-based awards. you know, you could be talking hundreds of billions x. if like the old saying, a hundred being here, a hundred billion there, suddenly you've got real money. jack: and there are a lot of young bucks in silicon valley who think they can do defense better, and with all this drone stuff, maybe they're right. >> yeah. it count have to be a disaster. -- it doesn't have to be a disaster. some of the existing players can earn more money than they used to. jack: gotcha. so, elizabeth, if doge can't solve the deficits, maybe bitcoin can? >> yeah, no -- [laughter] you know how to push my button it is. no que

information, whether image, video, audio, or all tax, then a pilot project with defense contractor, a lockheed martin using the texas tech lead based on the principle of adversarial framing. that's when parties hostile to us centralized frame events in the media to justify support for future actions. password 0 frame uses a strange way to put it was us interest or could be just simply narratives. the turn out to not be true, right? so they have the ability to sense or true information based on us interest. but this is how they get you to that trans media ation frames and non russian propaganda sources. yeah, what's, that's how they get to say that we are spouting russian. this information, if we say something, but so does some random outlet. they don't like in russia, this is how, right? you notice the 51 spies you loud about 100 bite and they will still insist. yeah, okay. the laptop's real, but it's still russian because they argue that russian propaganda outlets were amplifying it. so it's in, it's in russia's interest to stigmatize the united states or to undermine the credibility of, of joe bide

then a pilot project with defense contractor, a lockheed martin using the text and technique based on the principle of adversarial framing. that's when party's hostile to us interest frame events in the media to justify support for future actions, password 0 frame you such a strange way to put it, was us interest or could be just simply narratives that turn out to not be true, right? so they have the ability to sense or true information based on us interest. but this is how they get you to that trans media ition frames to non russian propaganda sources. yeah, what's, that's how they get to say that we are spouting, rushing this information if we say something, but so does some random outlook.

business firms say they want to challenge the dominance of traditional government contractors like lockheed martin raytheon and boeing a former new york university professor and author of michael rex involved says american, a powered weapons are already being tested in israel, and ukraine is apparently the next stop. and possibly, what's a foot here is using ukraine is a testing ground for these new, you know, a, i base drones based technologies in warcraft. i think that's definitely what's a foot. and that could be one of the ways that the donald trump will rationalize his engagement. a continued engagement in this conflict by saying that it's being that it's being the militarized in some respects, that they're going to use more convenient technologies and more lightweight technologies and cheaper technologies to fight these conflicts. and we saw that in play in israel's and the i b s. assault on ga. so they're using a i to target buildings and determine where people are and, and in fact to let those people die who definitely have nothing to do with that conflict. but we're going to see the same

navy served as in various roles in uap systems, lockheed martin, as president hii nuclear power business and in our conversation he helped establish joint venture in india. he is now defensive usa president and ceo. in terms of her plan for today i plan to kick off the conversation with a few questions for panels and opening it up to questions and comments all of you may have. my first question asked before each of you please of the topic of the unique contribution allies can bring. mosier conversation today's focus on what can allies bring in terms of defense and social capacity? driven by the war in ukraine and the prospect of a potential conflict with china we're looking to allies contributions to either excellent defense and doesn't capacity here or across the broader defense industrial space. i think it's fair to say allies have unique perspectives, either their geographic situation, security circumstances, technology basis can differ and that tends to bring different ideas regarding operational concepts what's promising of works. wanda asked did you what are your observations been

business problem say they want to challenge the dominance of traditional government contractors like lockheed martin wasted on by way of stove and the story before when he opened of us the professor and most of michael wrapped involved. um, michael, i mean there's 2 companies putting to add to ro. i mean that's clearly looking to piece road, right. these big shocks of the us defense industry make attending on any single war in the world. how far to expect them to get as well. it's very interesting that the law in mosque is also part of this consortium visa b space x. and since it will have a role in the, in the government itself, i can't, i can't think that they're going to fail. it would seem that there is a, a move to a, to off load, a lot of the military industrial contracting to more of a high base drone based. and perhaps more a satellite based a given a star link uh, based technology so that they can control the air space and also information and the can use the drones for strikes. i think that's what's a foot here. they're looking, they're selling it as a cheaper way to run the military indus

jeff bezos' c ompany as well as united launch alliance, the joint venture between boeing and lockheed martinthose companies all have new rockets. among the three, those rockets have launched three times. they don't have a track record. it takes a while to get rockets up and going to frequent launch schedule. it's a big challenge. spacex has its own rockets. tim: elon musk and president-elect trump are tight. $200 million musk spent to help get trump elected. how bad is that for bezos? bruce: musk and the president-elect are close. president trump first term had run-ins with jeff bezos. there was criticism from the president of bezos who owns the washington post. amazon went to court in the first term alleging unfair treatment of the company saying they had been cut out of contracts with dod. there is history. recently we have seen upbeat comments from jeff bezos about the new administration. tim: thanks. another story, elon musk looking to transform starbase into a new city, the site in texas currently the location for building starship rockets. this created 3000 jobs. several steps need to

this year, northrop grumman is up to 41 percent. lockheed martin is up 37 percent. raytheon is up 16 percent. meanwhile, the s and p 500 is down 20 percent. nasdaq down 35 percent. why they have a vested interest in remaining in a constant state of war. they all make money. meanwhile, the needs of every day citizens here in the united states and in every other country round the world are being neglected. i mean, look, how did this woman talking so much 2nd, some poundage to get into the cabinet. let's start the beds. uh, let's put up the chairs. cool. get screwed over and thrown out of the drum cabinet 1st. i know my money's on. so i'm interesting. the good old toll see alonzo yourself on the mere toward that's a list which is the piece. make our list a ukrainian government affiliated with site that lists people who are the enemies of ukraine. people who dared to challenge the, you go scan, you get your date of birth, put on there like me. and they also put in your date of liquidation that they had it kills you. mine is still going to be empty. thankfully, i told you that was conveni

cooperation drs for the next generation korean destroyer and the-- and we time to time talk to lockheed martin to develop the new market for the foreign navy export like the-- so some military vessels on there. and there are a couple of -- it's happened. also, we engage with the american ship builder and we open our ship yard to invite them to show the-- our facility and how we're working on our ship building again, and that's the start that we can have -- which area we can have cooperation. >> and are you face-- do you face opposition that hyundai is taking american jobs or how do you look at those issues? >> we're not replacing any american jobs, actually, so we think the analyzed ship costs, 70% of the costs comes from the ship yard, it's the procurement and do only 20% and then -- so if we can translate to u.s. ship building industry, it can create, expand the maritime industry inside the u.s. which means we can create more jobs in the u.s. and not replacing any american jobs. that's our thoughts, so, we think that we can help the u.s. ship building industry to have-- to strengthen its cap

that would be350% this year versus rtx and lockheed martin respectively.lobal head of research. if you look at the way things have shaped up, it is no surprise defense has been on an upward move. do we think as though the current prices reflect the geopolitical state of uncertainty we just had syria developing over the last few days. do you think defense is the place to invest? >> dom, good morning. good to see you. absolutely, the weekend's news from the middle east is a good reminder of the olar and geopolitical landscape we are operating in right now. the catalyst that have driven defense stocks are heavy across the board. that is driving fundamental growth for the defense stocks. the beast that we focus on is the digital transformation of defense which is just getting started and is at an inflection point. we have seen that from palantir this year. we think the story is much broader than that. many of these traditional defense companies would likely start to participate in that going forward. >> palantir is one of the main drivers of the whole trade ri

you could swap out boeing for lockheed martin, but you couldn't swap out spacex for anyone.ture is astonishing and hard for any -- he would be a major player in any government. but at the same time, he has shown a sort of willingness to conduct his own foreign policy. he use to speak with vladimir putin on a regular basis and then turns around and tweets out stuff that looks a lot like russian propaganda. he has an enormous financial interest in china. perhaps larger than any other person in the united states. so, at the same time if you are marco rubio, what have you been talking about for 10 years? needing to prepare against china . i will note that right now in the conflict over the government shutdown, the most interesting thing that happened was the initial bill was killed because of elon musk. the bill that finally passed did not address any of his concerns with the original bill. if anything, it was worse by his standards, the ways he was measuring it. but the big change was it stripped out the claws that prevented america for making significant investments in china.

don't like in terms of ukraine it is not good for the -- the war is unfortunately better for lockheed martins go to chuck in north carolina. chuck >>caller: thanks for taking my call. my stock is ups. i would like to know your buy up? >> right in holiday season. ups screwed up holiday seasons. if you want to take a shot i say take a shot with fedex. they have it better. they are all set. paul in california, paul? >>caller: jim, thanks for taking my call. it is penn state call. it is oregon cramer. [ laughter ] >> it is -- [indiscernible] -- i had it for 4 1/2 years. >> this weekend there is big presentation. they are going to make presentations, and it better be good after that run and i can not be assure today is good. profit time. ii am not done, griffin. >> hope you are having a great day >>caller: with the bull run with achr, it might be time to ditch the investor, what are your thoughts? >> about which one? >> achi. >> no, this stock, all of these came down today. i actually think these stocks overheated and i am worried about a strong unemployment number on friday. after we saw this gd

you like lockheed martin a great stable dividend class what's so great about it. >> 22 years of consecutiveases growing in the last decade at 9% peace very stable pricing and i would submit especially given the drones critical to defense. the conversation america has not had a long time. ashley: very good. i'm convinced, what about crouched right. >> same play is also a defense but this is more for bites and bits, 29000 or 30000 customers widely to security process falcon is a lead product group by 80 something% in the first fiscal quarter of 2025 i have my facts straight the bad actors are not going anywhere, we critically have to have digital defense. i think it's a stock for maybe the next five maybe even ten years. ashley: what about a santa rally i asked an analyst is santa warming of the reindeer, what do you say. >> that is a tough call this year especially, i'll tell you why the markets have been all over the place, there is a fundamental data point that matters it's good to be all about the computers for the next five days we have 83% of the time in a presidential election year end

in 2009, chinese hackers were suspected of stealing information from lockheed martin's joint strike fighterears china has debuted china jets that look and operate just like u.s. planes. >> china really is the most active cyber threat to the u.s. government. how many threats are you tracking from china every day? >> china, bret, is the preempt tent threat to the u.s. we are lay zore folksed eradicate it and defend our critical infrastructure from chinese cyber actors. >> >> bret: in 2010 focus on telecommunications companies. operation aurora was a series of cyberattacks actors conducted fishing campaigns and comprised companies such as yahoo, morgan stanley, google and dozens more. that same year new evidence showed china was spying on critical infrastructure in the u.s. and abroad. >> now we are looking at them as a threat to do disruptive and destructive operations here in the u.s. that is really an evolution that frankly i was not tracking and surprised when we saw this campaign. >> bret: cyber operations tracker reveals china has frequently targeted trade operations. military activity i

the lockheed martins. you've made so much money the past two or three years, and everyone is anticipating the fed is it there. the fed has already told you they're backing down the number of cuts. imagine if you could get a high interest rate, these could really kill the interest rate stocks. we like companies, but we're saying the magnificent 7 has been priced to perfection. as you know, everybody is pricing these things like you're going to grow a 20 to 30% a year, and historically, that doesn't happen. >> because i'll be in the city lately, and there's a good chance the taxicab guy is going to recognize, because they have cnbc on in the taxicab, he's going to ask about nvidia. i hate to be like a broken record, but it does remind me of 2000, when people were saying, i'm just in it for the 20%. like it was a guaranteed thing. nothing in the stock market is, or should be guaranteed, correct? >> well, i agree with you. it does take me back, because i remember being in the cabs in new york city and in chica