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Dec 23, 2016
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we'll watch that for sure. >>> turning to politics, donald trump once again tweeting about lockheed martin and boeingthe president-elect says what he calls the tremendous cost and cost overruns of lockheed martin's f-35 joint strike fighter program led him to ask boeing to "price out a comparable f18 super hornet jet." lockheed martin shares dropping in the afterhours trading session on that news, off by 2%. boeing shares did edge slightly higher in the afterhours statement. up by 0.2%. boeing says it has committed to working with the president-elect and his administration to provide the best capability, deliverability and affordability across all boeing products and services to meet our national security needs. >> this is the next chapter of negotiation from lockheed from president-elect trump. i don't know much about these programs, but i have read and according to defense expert the cited in the papers, the boeing f15 would need significant upgrades to match what is happening with the lockheed program. >> yeah. that f-18 has been a staple of our armed forces for a number of years now. the f-35 is
we'll watch that for sure. >>> turning to politics, donald trump once again tweeting about lockheed martin and boeingthe president-elect says what he calls the tremendous cost and cost overruns of lockheed martin's f-35 joint strike fighter program led him to ask boeing to "price out a comparable f18 super hornet jet." lockheed martin shares dropping in the afterhours trading session on that news, off by 2%. boeing shares did edge slightly higher in the afterhours statement....
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Dec 21, 2016
12/16
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FOXNEWSW
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but we know that it was the president-elect who called out boeing and lockheed martin separately. boeing, we just found out, said that they are, after being basically threatened by the president-elect with the contract for the next air force one deal, they came out and said that they're going to get it less, done for less than the $4 billion for two planes than the president-elect was complaining about. the ceo said that it was a productive meeting from boeing and we understand that the lockheed martin ceo is in there right now talking about, we would think, based on what we heard from the boeing ceo, we would think about the f-35 project that president-elect had been complaining about on social media recently. and something remarkable about this meeting is that even though the president-elect made a point to call these companies out a few weeks ago on his social media pages that are now monitored by everyone in the world, they didn't tell us that these meetings were happening today until just a few minutes before. this is not something that was mentioned on a daily transition offi
but we know that it was the president-elect who called out boeing and lockheed martin separately. boeing, we just found out, said that they are, after being basically threatened by the president-elect with the contract for the next air force one deal, they came out and said that they're going to get it less, done for less than the $4 billion for two planes than the president-elect was complaining about. the ceo said that it was a productive meeting from boeing and we understand that the...
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Dec 23, 2016
12/16
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said, in another social—media post, "based on the tremendous cost, and cost overruns, of the lockheed martin f—35, i have asked boeingsuper hornet. he met chief executives of lockheed martin and boeing this week. some defence industry analysts have been critical, insisting the two planes are not comparable. police in australia believe they have foiled a terror attack in melbourne, planned, allegedly, for christmas day. several people have been arrested in overnight raids in the northern suburbs. explosives were found. we found the makings of an improvised explosive device. we believe that there was an intention to conduct a — what we call a multi—mode attack, possibly on christmas day. the possible locations that we've been working on have been federation square, flinders street station and st paul's cathedral. earlier i got the latest from the bbc‘s hywel griffith, in sydney. we're learning more about those people who've been detained. five men, four of them australian—born, the fifth an egyptian—australian citizen, all in their 20s, all living in different suburbs around melbourne. now, we understand, during the ra
said, in another social—media post, "based on the tremendous cost, and cost overruns, of the lockheed martin f—35, i have asked boeingsuper hornet. he met chief executives of lockheed martin and boeing this week. some defence industry analysts have been critical, insisting the two planes are not comparable. police in australia believe they have foiled a terror attack in melbourne, planned, allegedly, for christmas day. several people have been arrested in overnight raids in the...
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Dec 23, 2016
12/16
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BBCNEWS
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said, in another social—media post, "based on the tremendous cost, and cost overruns, of the lockheed martin f—35, i have asked boeingr hornet." he met chief executives of lockheed martin and boeing this week. some defence industry analysts have been critical, insisting the two planes are not comparable. german police say there is clear evidence to link their main suspect, a tunisian man, anis amri, to the attack on a christmas market in berlin. his fingerprints have been found in the lorry that was driven into shoppers on monday, killing 12 people. speaking at the family home in tunisia, amri's brother called on him to give himself up. meanwhile, chancellor merkel has praised the calm way in which germans responded to the attack, as our europe correspondent damian grammaticas reports. it is new footage that hasjust emerged. the scene immediately after monday's attack, filmed from a dashboard—mounted camera. a few seconds earlier, this is what happened. we have slowed the footage. from the left comes the lorry at speed, heading straight for the christmas market. and this is anis amri, the man police say was driving i
said, in another social—media post, "based on the tremendous cost, and cost overruns, of the lockheed martin f—35, i have asked boeingr hornet." he met chief executives of lockheed martin and boeing this week. some defence industry analysts have been critical, insisting the two planes are not comparable. german police say there is clear evidence to link their main suspect, a tunisian man, anis amri, to the attack on a christmas market in berlin. his fingerprints have been found in...
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Dec 22, 2016
12/16
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CNBC
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and politics again today. president-elect trump meeting with the ceos of boeing and lockheed martin yesterday, also tapping carlhn as a special adviser to work on regulatory issues. and hiring peter navarro to run a new international trade council. trump using his vacation productively to renegotiate some deals with the federal government. talk us through the strategy here. >> well, it's clearly a strategy of jawboning these companies into golfing the government a better price. trump meeting one-on-one with the ceos, he also met with a group of admirals and generals yesterday, military top brass were at mar-a-lago yesterday. as they were walking out, i was watching the feed, he shook every admiral and general's hand as they walked out, he singled one person out, saying these are great people, great negotiators, pointing to one admiral leaving the building. clearly he wants those folks in the pentagon system to cut better deals. he's encouraging them to negotiate in a better way for the taxpayer. that's something that the pentagon has been bad at. cost overruns at the pentagon have been legendary. donald trump t
and politics again today. president-elect trump meeting with the ceos of boeing and lockheed martin yesterday, also tapping carlhn as a special adviser to work on regulatory issues. and hiring peter navarro to run a new international trade council. trump using his vacation productively to renegotiate some deals with the federal government. talk us through the strategy here. >> well, it's clearly a strategy of jawboning these companies into golfing the government a better price. trump...
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Dec 23, 2016
12/16
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lou: quickly, president bringing in ceos of lockheed-martin and boeing, reaching an agreement, based on the remarks was notes perspective white house or the transition, but from the ceos, they are going to bring that $4 billion plus air force one contract, in under $4 billion, i talked about affordability, and how nice it is to talk with someone who knows what he is talking about with business, and issues. so there is a whole tone here to me is appreciate. the substance is critical, but you are talking about people who were not necessarily aligned with donald trump who is going after the establishment, talking favorably and enlisting in the movement. >> this is simple lou, this is donald trump as a president-elect making good on his promise to protect the tax payer, and public. two week ago president-elect issued a tweet he thought the aircraft was too expensive, he wants everyone to be compensated fairly, but he also does not want us to beholding the bag and the bill, how refreshing is that? making sure our money not wasted. and fast forward, overtime, he met with these ceos, and we
lou: quickly, president bringing in ceos of lockheed-martin and boeing, reaching an agreement, based on the remarks was notes perspective white house or the transition, but from the ceos, they are going to bring that $4 billion plus air force one contract, in under $4 billion, i talked about affordability, and how nice it is to talk with someone who knows what he is talking about with business, and issues. so there is a whole tone here to me is appreciate. the substance is critical, but you are...
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Dec 23, 2016
12/16
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lockheed martin and boeing trading lower and you know what. $400billion because he says it's a tremendous cost and the f-35, maybe you need more competition in there. four-month high, however analysts are warning that rising mortgage rates can hinder buying activity in 2017. watch those rates, intelligence report will be right back of preview of who is and who isn't coming to the inauguration. see you here trish: president-elect donald trump tweeting is so-called a-list celebrities all wanting ticketing to inauguration, but look what they did for hillary, nothing. i want to the people, so are celebrities really begging for tickets? is that really happening or is he just trying to say that? will the campaign hand them over if they are begging for them? here is an inaugural preview. welcome. >> thanks so much for having me. trish: who is asking for tickets? >> we had a huge amount of interest from people all over the country, all different types of people supporters, people who maybe weren't on board in the beginning but this is about it's about unifying the country and how lucky we have to
lockheed martin and boeing trading lower and you know what. $400billion because he says it's a tremendous cost and the f-35, maybe you need more competition in there. four-month high, however analysts are warning that rising mortgage rates can hinder buying activity in 2017. watch those rates, intelligence report will be right back of preview of who is and who isn't coming to the inauguration. see you here trish: president-elect donald trump tweeting is so-called a-list celebrities all wanting...
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Dec 21, 2016
12/16
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watching the ceos of lockheed martin and boeing leave mar-a-lago, i think taxpayers can feel better about the way our money is being spent. >> we haven't seen a substantive change yet. all the money we spend unnecessarily or irrationally doesn't go wh -- doesn't go whee it should go. but the problems are systemic and structural. simply calling in the ceos to give them a verbal wire brushing may be emotionally satisfying but it doesn't address the root cause. so i'll be angst the see if this goes through. charles: i have never seen an efforts start with the president-elect. i have never seen them sum man ceos to trump tower or mar-a-lago and seemingly get some concessions even before he takes the oath of office. >>it is unprecedented. it will be interesting to see how it's followed up. there was another interesting opportunity identified, something on the order of $125 billion, an audit convicted by the pentagon identified as unnecessary wasteful perhaps even fraudulent misuse of taxpayer monies for a lot of administrative costs. the tooth to tell ratio. that $125 billion swoive that could
watching the ceos of lockheed martin and boeing leave mar-a-lago, i think taxpayers can feel better about the way our money is being spent. >> we haven't seen a substantive change yet. all the money we spend unnecessarily or irrationally doesn't go wh -- doesn't go whee it should go. but the problems are systemic and structural. simply calling in the ceos to give them a verbal wire brushing may be emotionally satisfying but it doesn't address the root cause. so i'll be angst the see if...
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Dec 23, 2016
12/16
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got the tweet about nuclear weapons and then later in the day you've got the tweet about lockheed martin and boeing sort of pitting those two companies against each other when it comes to fight jets, sending lockheed stocks down after hours trading and this is having a real impact. >> i think there's a need for discipline obviously. transitions can be useful to president-elects. it's a time to dig into the intelligence, get briefed on issues. form your team. get a sense of the strategy of the team and hit the ground running at noon on january 20th. our tradition, but also i think reason would dictate that that's the best way to do it. and this issue with nuclear weapons is so important, existential issue for the united states for russia, for china. you don't want to slip up. you don't want to say things that can be misunderstood. you want to have nuclear stability. this is not a race that anyone's going to win or lose. we don't want to have to use nuclear weapons but deter our adversaries and that's a serious business that every president from harry truman on has done successfully. listen to genera
got the tweet about nuclear weapons and then later in the day you've got the tweet about lockheed martin and boeing sort of pitting those two companies against each other when it comes to fight jets, sending lockheed stocks down after hours trading and this is having a real impact. >> i think there's a need for discipline obviously. transitions can be useful to president-elects. it's a time to dig into the intelligence, get briefed on issues. form your team. get a sense of the strategy of...
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Dec 24, 2016
12/16
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and so we're seeing donald trump really here, you know, he met with the ceos of boeing and lockheed martinek. he got this personal commitment from the ceo of lockheed martin who said i heard his message loud and clear about reducing the cost of the f-35. she said she's given him her quote, personal commit to drive down the costs aggressively. this is one of the many instances in which we've seen donald trump increasingly taking an active role as president elect in negotiating deals and weighing in on substantive policy. he's been weighing in on air force one cost with the ceo of boeing. yesterday we saw him weighing on the united nations security council vote condemning israeli settlements. which donald trump was opposed. that was at odds with the obama administration which simply abstained from the united nations resolution instead of vetoing it. clearly we're seeing something which is relatively unprecedented for a president elect typically who would typically refrain from issuing proclamations on active policy or negotiations before actually being inaugurated. >> jeremy diamond for us,
and so we're seeing donald trump really here, you know, he met with the ceos of boeing and lockheed martinek. he got this personal commitment from the ceo of lockheed martin who said i heard his message loud and clear about reducing the cost of the f-35. she said she's given him her quote, personal commit to drive down the costs aggressively. this is one of the many instances in which we've seen donald trump increasingly taking an active role as president elect in negotiating deals and weighing...
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Dec 22, 2016
12/16
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he sat down with ceo's of lockheed martin and boeing of the high costs of program. >> we work on air cause it's important the our country and we make sure that he gets the best capability and done accordingly. maria: we are taking a closer look at what the trade policy means on administration. authorities have identified the suspect in the truck attack, ani
he sat down with ceo's of lockheed martin and boeing of the high costs of program. >> we work on air cause it's important the our country and we make sure that he gets the best capability and done accordingly. maria: we are taking a closer look at what the trade policy means on administration. authorities have identified the suspect in the truck attack, ani
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Dec 23, 2016
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as interesting, we go into the 1318, a chart of lockheed martin in blue, boeing and white since the election martin received a huge boost after donald trump was elected president. investors thinking defense spending would be boosted. now, starting to fall off as donald trump is talking tough in costs while boeing continues to trade higher. as for defense spending overall, athave a great overall look u.s. spending -- when president obama was elected, we saw a dip down. that peak from 2014, down $200 billion -- we have an uptrend here. often, you will see the marketplace or the segment being targeted in this case returned to the mean. this chart mesa just that the spate -- despite expectations for a rise in spending come it may drop in the years ahead. tin shkrelih gained notoriety by purchasing a raising the hise -- he talked about how controversial price hike played a role in this year's presidential election. a when you are caught in perfect storm of political season, it is easy to become a target for unwarranted aggression. president obama and his administration said absolutely nothing abo
as interesting, we go into the 1318, a chart of lockheed martin in blue, boeing and white since the election martin received a huge boost after donald trump was elected president. investors thinking defense spending would be boosted. now, starting to fall off as donald trump is talking tough in costs while boeing continues to trade higher. as for defense spending overall, athave a great overall look u.s. spending -- when president obama was elected, we saw a dip down. that peak from 2014, down...
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Dec 22, 2016
12/16
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and enjoy yourself. >> all right. i love her too. let's move onto president-elect trump. he met with the ceos of boeing and lockheed martinesterday after calling programs for boeing's new air force one jet and lockheed's f-35 too expensive. at trump's resort in florida where the meetings took place, boeing ceo said he's committed to building the new air force one for less than $4 billion. lockheed martin -- >> done for less than that, and we're committed to working together to make sure that happens. and i was able to give the president-elect my personal commitment on behalf of the boeing company this is a business that's important to us. we work on air force one because it's important to our country. and we're going to make sure he gets the best capability and that it's done affordably. >> lockheed martin ceo issued a statement calling her meeting with the president-elect productive adding, quote, the f-35 is a critical program to our national security. and i conveyed our continued commitment to delivering an affordable aircraft to our u.s. military and to our allies. you know, jim, that $4 billion number was what the pr
and enjoy yourself. >> all right. i love her too. let's move onto president-elect trump. he met with the ceos of boeing and lockheed martinesterday after calling programs for boeing's new air force one jet and lockheed's f-35 too expensive. at trump's resort in florida where the meetings took place, boeing ceo said he's committed to building the new air force one for less than $4 billion. lockheed martin -- >> done for less than that, and we're committed to working together to make...
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Dec 22, 2016
12/16
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with defense spend asking not how much we spend but how we actually spend it and you to realize that boeing and lockheed martin and united technologies had been just raping the american taxpayer. >> absolutely, we agree on that. trish: all right. the fact that this is leading the show and we are talking about it as a news stories, financial accountability in washington, this is good. good to see you guys. thank you so much. let's turn to the massive search underway for this islamic refugee. take a look at him here wanted in connection to the terrorist attack in berlin. even the family of the 24-year-old suspect is urging that he turn himself in. his own brother saying, he deserves every condommation. greg is live in berlin, germany with the latest on the search for the terrorist. >> we are at -- reopened christmas market in berlin which was the scene of the terror attack as the investigation certainly goes into high gear and that means as you noted, searching for the tanasian man, 24-year-old believed to have been responsible for this carnage, officials saying today they have pretty good certainty that that is
with defense spend asking not how much we spend but how we actually spend it and you to realize that boeing and lockheed martin and united technologies had been just raping the american taxpayer. >> absolutely, we agree on that. trish: all right. the fact that this is leading the show and we are talking about it as a news stories, financial accountability in washington, this is good. good to see you guys. thank you so much. let's turn to the massive search underway for this islamic...
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Dec 22, 2016
12/16
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he met with lockheed martin and boeing executives to talk about the rising pricetag on some of their government contracts. >> we got to keat tep the costs down. the f-35, trying to keep the costs down. that program is very, very expensive. >> boeing's ceo admits there may be wiggle room for the $4 billion pricetag on the new air force one. a plane mr. trump said he would cancel because the cost was too high. >> we're going to get it done for less than that. and we're committed to working together to make sure that happens. >> the president-elect is holding on to one of his main campaign promises, renegotiating. nbc news, washington. >>> you won't see donald trump's picture on metro's inauguration day smart trip card. instead they have graphics of the white house, and american flag to presidential inauguration. metro released a statement saying quote they requested permission to use a photo, but didn't receive a response from the campaign in time. the cards are designed before the election. >>> a new home renovation show shedding to our nation's capital. a preview before the big premi
he met with lockheed martin and boeing executives to talk about the rising pricetag on some of their government contracts. >> we got to keat tep the costs down. the f-35, trying to keep the costs down. that program is very, very expensive. >> boeing's ceo admits there may be wiggle room for the $4 billion pricetag on the new air force one. a plane mr. trump said he would cancel because the cost was too high. >> we're going to get it done for less than that. and we're committed...
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Dec 22, 2016
12/16
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maria: they met yesterday, ceo's of lockheed martin and boeing talked yesterday at mar-a-lago. listen. >> costs down, primarily the f-35 which i can get the costs down. a program that's very expensive. we had the chairman of boeing and they are looking to cut down tremendous amount. >> we are going to get it done for less than that and committed to working together to make sure that happens. i was able to give the president elect my personal commitment on behalf of boeing. maria: that was the ceo. she said, i had a productive meeting with president-elect donald trump this afternoon, i appreciated the opportunity to discuss the importance of f-35 program and bringing costs down. continued commitment to delivering affordable aircraft to our u.s. military and our allies. brad, your reaction to the ceo's agreeing to bring down the cost. >> it's that wonderful. if the president is not sending the message out to the people he's hired that this is what our administration is going to do, we are not just going to walk the walk and talk the talk and guess what, we are going to get results
maria: they met yesterday, ceo's of lockheed martin and boeing talked yesterday at mar-a-lago. listen. >> costs down, primarily the f-35 which i can get the costs down. a program that's very expensive. we had the chairman of boeing and they are looking to cut down tremendous amount. >> we are going to get it done for less than that and committed to working together to make sure that happens. i was able to give the president elect my personal commitment on behalf of boeing. maria:...
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Dec 21, 2016
12/16
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and time again. the heads of boeing and lockheed martin wrapping up a meeting with president-elect trump moments ago, after trump was critical of both companies calling them out for what he says is out of control spending on government contracts. both ceos just speaking to the press. we're going to bring you their comments in a moment. >> back to the markets. the dow ending the day down about 31 points. let's call it 60 points away from 20,000. oil not helping matters. we have phil flynn with the details on surprise inventory report from the cme, and connell mcshane on the floor of the new york stock exchange where you've been all week, connell. is it you? what's holding us back from dow 20,000? >> interesting, lauren, we were watching and talking about it throughout the last hour on "countdown to the closing bell" that we got within 14 points in the morning trade of that 20,000 mark. there is a building sentiment that some point we get it over with and get ourselves over the hump. today was not to be the day as we fend off 20k, you see some of the stocks lagging and the drugmakers do stand up. the l
and time again. the heads of boeing and lockheed martin wrapping up a meeting with president-elect trump moments ago, after trump was critical of both companies calling them out for what he says is out of control spending on government contracts. both ceos just speaking to the press. we're going to bring you their comments in a moment. >> back to the markets. the dow ending the day down about 31 points. let's call it 60 points away from 20,000. oil not helping matters. we have phil flynn...
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Dec 24, 2016
12/16
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and i'm sue herera. thanks for joining us, everybody. >>> the defense sector is being shaken up. the president-elect is pitting lockheed martin against boeingtwo of the world's biggest defense contractors. and today lockheed stock felt the pressure. as we reported last night, donald trump tweeted that he could use a boeing plane as a substitute for lockheed martin's f-35 combat jet. the f-35 is the most expensive weapons system in history with an estimated $400 billion price tag, nearly double the original budget. morgan brennan has more on what has the potential to be a big fight over fighter jets. >> reporter: call it a fighter jet face-off. donald trump is pitting the two biggest u.s. defense contractors against each other, taking to twitter to do it. the president-elect lobbing his latest 140-character social media missile at lockheed martin, again, writing, "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 superhornet." but can the fourth-generation superhornet compete with a fifth-generation f-35 joint strike fighter? no. it's not designed to be stealthy and
and i'm sue herera. thanks for joining us, everybody. >>> the defense sector is being shaken up. the president-elect is pitting lockheed martin against boeingtwo of the world's biggest defense contractors. and today lockheed stock felt the pressure. as we reported last night, donald trump tweeted that he could use a boeing plane as a substitute for lockheed martin's f-35 combat jet. the f-35 is the most expensive weapons system in history with an estimated $400 billion price tag,...
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Dec 21, 2016
12/16
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he spoke with the ceos of lockheed martin and boeing as well.commentary you can seean, decorated military officials coming out of palm beach. we expect donald trump to say something to the press. scarlet: perhaps. it is unclear. he improvises as he goes along. >> primarily the f-35. we're trying to get the cost down. it is very expensive. [inaudible question] >> we are going to see. it is a little bit of a dance. we are going to get the cost down and we're going to get it done. these are great people. amazing people. i'm very impressed with them. good negotiators. >> and your conversation with boeing? >> we have the chairman of boeing, the ceo. we are looking to cut tremendous amount of money. thank you everybody. are you comfortable? not bad, right? general. thank you. scarlet: donald trump after meeting with his advisers, attendees at this pentagon said he is trying to get f-35 costs down. he said the military officials are amazing. let's go back to our guests now. , you were talking about health care and medicare. >> regardless of what happen
he spoke with the ceos of lockheed martin and boeing as well.commentary you can seean, decorated military officials coming out of palm beach. we expect donald trump to say something to the press. scarlet: perhaps. it is unclear. he improvises as he goes along. >> primarily the f-35. we're trying to get the cost down. it is very expensive. [inaudible question] >> we are going to see. it is a little bit of a dance. we are going to get the cost down and we're going to get it done....
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Dec 22, 2016
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meeting wednesday with the heads of two major defense contractors, lockheed martin and boeing. trump previously threatened to cancel boeing's order for two new air force one planes, claiming it would cost more than $4 billion. after the meeting boeing's ceo now says -- >> we're going to get it done for less than that. >> reporter: trump also called the cost of lockheed martin's f-35 fighter jet out of control. he insists that price will also come down. >> you know, it's a little bit of a dance. but we're going to get the costs down and we're going to get it done beautifully. >> reporter: earlier mr. trump taking a tough tone on the terror attacks in europe after emerging from a series of national security meetings. >> they're attacks on humanity. that's what it is. it's an attack on humanity. and it's got to be stopped. >> reporter: mr. trump also revisiting his controversial campaign promise. >> a total and complete shutdown of muslims entering the united states. until our country's representatives can figure out what the hell is going on. >> reporter: seeming to insist he now
meeting wednesday with the heads of two major defense contractors, lockheed martin and boeing. trump previously threatened to cancel boeing's order for two new air force one planes, claiming it would cost more than $4 billion. after the meeting boeing's ceo now says -- >> we're going to get it done for less than that. >> reporter: trump also called the cost of lockheed martin's f-35 fighter jet out of control. he insists that price will also come down. >> you know, it's a...
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Dec 22, 2016
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t we've also seen him yesterday at march al largo he met withet lockheed martin and boeing's ceo. m steps towards what he promisedri on the campaign trail. tra >> all right.llht. before we let you go pizza is is truly a staple in a lot oft households in these fine united states and it lookstatedt like they're doing better when other restaurants, which youhicy go and sit in, reserve a seat or whatever are doing poorly. pizza is still king. >> reporter: yes.>> reporte so, restaurants and the s & p 500 have only improved about a 3.5 percent but take a look at two pizza chains.hain papa johns is up 60 percentt and dominos is up 45 percent. 4. so that's the comparison.omri so, why are they surging? well, they're embracing notci just new technology buthnology they're embracing every platform that you couldrm tha possibly imagine to order from. so not only onfr your phone cane you order with their mobileheirb apps but you can order fromut y your appleou tv, from twitter, r from facebook, amazon echo, eo, google home, you name it.am i so, embracing this havingsav deals that reward custome
t we've also seen him yesterday at march al largo he met withet lockheed martin and boeing's ceo. m steps towards what he promisedri on the campaign trail. tra >> all right.llht. before we let you go pizza is is truly a staple in a lot oft households in these fine united states and it lookstatedt like they're doing better when other restaurants, which youhicy go and sit in, reserve a seat or whatever are doing poorly. pizza is still king. >> reporter: yes.>> reporte so,...
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Dec 12, 2016
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jan lockheed martin and owing -- beyond lockheed martin and boeing, you can look at these caught -- thesehe is coming after you in terms of cost. you want the prices to be lower. >> there are a lot of big contracts that are coming in the next couple of years. they will continue to ramp up aggressively into 2020. you have the ohio class replacement that is estimated to be $100 billion. i think things are over the horizon in terms of production and spending -- they will be a clear focus for the president-elect to take a hard look at during his administration. david: we are going to have to take a new look at government contracting. this really going to pose a real problem for government contracts overall? >> at the you have to differentiate. there is cost plus contracting, where the government takes on the risk, and the contractors are reimbursed for the early risk in the program. then they move into a fixed price contract where the profit ability and more risk falls on the contractor. of thatnk, yeah, a lot will have to be dissected over the next few years to figure out what programs are k
jan lockheed martin and owing -- beyond lockheed martin and boeing, you can look at these caught -- thesehe is coming after you in terms of cost. you want the prices to be lower. >> there are a lot of big contracts that are coming in the next couple of years. they will continue to ramp up aggressively into 2020. you have the ohio class replacement that is estimated to be $100 billion. i think things are over the horizon in terms of production and spending -- they will be a clear focus for...
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Dec 25, 2016
12/16
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and be stronger. >> we all hope so. trish: you saw him his week in mar-a-lago meeting with the ceos of boeing and lockheed martin, and he hopes will be a bidding war for the f-35 program. because it's $400 billion. so this is a guy that's going in there -- i can't remember when we last had a president that said we need to get costs down. this is important. when we talk about the infrastructure spend, people are worried he's going to spend money willy-nilly. we are seeing evidence of discipline when it comes to boeing and lockheed martin. >> he's a deal maker. he will do negotiations with everybody he needs to. he also has an ego. he wants to go down as a good president. we are seeing resistance around 20,000. i know the stock market the last couple days not going up and up. but there is an n we haven't seen in a while. i have been reading we have been buying more christmas trees and saying merry christmas and having holiday parties again. donald trump ignited something in america we haven't seen in a long time. >> i think that's why he cares about growth first and everything else. not even second or third. everything el
and be stronger. >> we all hope so. trish: you saw him his week in mar-a-lago meeting with the ceos of boeing and lockheed martin, and he hopes will be a bidding war for the f-35 program. because it's $400 billion. so this is a guy that's going in there -- i can't remember when we last had a president that said we need to get costs down. this is important. when we talk about the infrastructure spend, people are worried he's going to spend money willy-nilly. we are seeing evidence of...
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Dec 21, 2016
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we saw this with carrier and now boeing and lockheed martin. >> art of the deal. and phil, a couple key differences between these two companies that you know, our viewers probably know. but it is worth pointing out that air force one for boeing is much smaller overpart of the revenues where lockheed is much bigger. boeing has the commercial business. lockheed martin does not. the pressure could really be felt by lockheed. whose ceo did not come out and make a statement. >> absolutely. and there are a lot of unknowns with the f-35 program, which is particularly why she may not have made a comment. she might be saying, okay, we have to go back and see truly what we can do in terms of bringing down the cost. and yet at the same time, meet the capabilities that have been set out there as far as benchmarks for this program. that's far different than what we're talking about with air force one. which is essentially a one-off program for boeing. they've got the commercial business. yes, they have a defense business. but they have got the space business, as well. much more
we saw this with carrier and now boeing and lockheed martin. >> art of the deal. and phil, a couple key differences between these two companies that you know, our viewers probably know. but it is worth pointing out that air force one for boeing is much smaller overpart of the revenues where lockheed is much bigger. boeing has the commercial business. lockheed martin does not. the pressure could really be felt by lockheed. whose ceo did not come out and make a statement. >>...
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Dec 13, 2016
12/16
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what lockheed martin and boeing and united technologies have been doing which is a fabulous model forther ceos right now is, there's a great trade association here the aerospace association are not relying on third parties to speak information. in fact every company has being identified individually many times individual ceos president-elect is raising their name and in a lot of cases he's right to raise the issues. they are coming back with specific response. in the case of the f-35 we see that lockheed martin has come with an incredible product and yes it's expensive but we need to understand how these cost overruns happen and they've got some pretty good explanations. >> the thrust of this is essentially anybody who does business with the government, be prepared because the government wants to negotiate and negotiate pretty hard under a trump administration. with that said, when you take a look out at sectors or companies do you think there are certain companies or sectors at risk of being the target of the next trump tweet? >> certainly, you know, in health care we're seeing one o
what lockheed martin and boeing and united technologies have been doing which is a fabulous model forther ceos right now is, there's a great trade association here the aerospace association are not relying on third parties to speak information. in fact every company has being identified individually many times individual ceos president-elect is raising their name and in a lot of cases he's right to raise the issues. they are coming back with specific response. in the case of the f-35 we see...
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Dec 23, 2016
12/16
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as for 2 stocks in the news, boeing and lockheed martin, after president-elect donald trump tweeted yesterday that he -- ks boeing should it caused going to pop higher and lockheed martin to drop. boeing has been trading in mixed fashion today. as analysts weighed in, including one military analyst, he says it is bizarre and late to the game and irrelevant. it is interesting to see how this shakes out. interesting about these stocks out of the election -- we look 1318.btv lockheed martin in blue, boeing in white, since the election. people thought donald trump's defense spending would be great. boeing, steady climb higher. now we are seeing a reversal. curious to see whether or not that reverses in the year ahead. some are thinking that the trump trade could reverse. right now we have boeing up more than 10% since the election. lockheed martin still up about 4%. as for defense spending, this is another great chart in the bloomberg. #btv 1034. since obama has taken office, 200e seeing a bit of a dip, billion lower than the high. this may suggest that it could come down. perhaps we have seen so
as for 2 stocks in the news, boeing and lockheed martin, after president-elect donald trump tweeted yesterday that he -- ks boeing should it caused going to pop higher and lockheed martin to drop. boeing has been trading in mixed fashion today. as analysts weighed in, including one military analyst, he says it is bizarre and late to the game and irrelevant. it is interesting to see how this shakes out. interesting about these stocks out of the election -- we look 1318.btv lockheed martin in...
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Dec 22, 2016
12/16
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boeing and lockheed martin are down just a bit this morning.e this before, at least to my knowledge. we have never seen a president-elect or a president strong arming the ceos of major corporations and telling them, come on, shape up. i have never seen this before. do you approve? >> it doesn't matter if i approve. the voters love this. but indianapolis direct conflict with the thinking within mr. trump's party, the republican party it's not conservative for the government to intervene in the market. i mow the president-elect has been trying to get to other companies as well who have not respond. i call this donald's deal of the day where he likes to come out and have a victory. he likes to negotiate contracts, we know that. and i think he will be good at bilateral trade agreements. he's making republicans very nervous of by strong arming private companies and the general approach which is not an economic policy codified by statute that applies to everyone across the board. stuart: if you ask a republican what is republican economic policy, the
boeing and lockheed martin are down just a bit this morning.e this before, at least to my knowledge. we have never seen a president-elect or a president strong arming the ceos of major corporations and telling them, come on, shape up. i have never seen this before. do you approve? >> it doesn't matter if i approve. the voters love this. but indianapolis direct conflict with the thinking within mr. trump's party, the republican party it's not conservative for the government to intervene in...
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Dec 27, 2016
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>> president-elect trump putting defense contractors in focus as he continues to target lockheed martin and boeing over the cost of their jets. for more impact trump is having let's bring in joseph denardo. welcome. first to you, i do want to mention what has happened with the chinese ship sailing into the south china sea, there is more to it. it's a little bit of an act of provocation. we just heard taiwan's response to that. while the president has been having these companies all of a sudden it feels as though certainly that part of the globe is heating up. >> we heard throughout the campaign some rhetoric from president-elect saying that china was a threat. china is an area that we have to focus on. now he is president-elect. we see how he deals with that. is it going to be through some of the traditional ways we have seen? is it going to be through tweets. we have seen in recent days him making some proclamations about as you heard the nuclear triad, about looking at contracts and costs of airplanes, really a very unconventional way to approach this. >> you can kind of as the analyst who follo
>> president-elect trump putting defense contractors in focus as he continues to target lockheed martin and boeing over the cost of their jets. for more impact trump is having let's bring in joseph denardo. welcome. first to you, i do want to mention what has happened with the chinese ship sailing into the south china sea, there is more to it. it's a little bit of an act of provocation. we just heard taiwan's response to that. while the president has been having these companies all of a...
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Dec 22, 2016
12/16
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following and lucky -- boeing and lockheed martin have lunch to contain their costs after they were summonedent-elect donald trump. they discussed military spending. 30is concerned about the f -- f-35 program and the new air force one. done and theseit are great people. with themimpressed and good negotiators, too. carl icahn appointing -- appointed as a special advisor. he endorsed trump back in september 2015. president often spoke admiringly of carl icahn during his election campaign and cited him as an example of the kind of business person he would seek advice from if he won. discussed how has the election is impacting the economy. he sees business and consumer confidence jumping. difference after the election especially has been in the business side. world'susiasm that the hour or stir, whatever phrase you want to use, enthusiasm, midsized companies feel that gete is more that they will done, that they feel better about the prospects of the regulatory environment in their businesses and they feel better about the possibility of final demand. that will take time to come through. instant
following and lucky -- boeing and lockheed martin have lunch to contain their costs after they were summonedent-elect donald trump. they discussed military spending. 30is concerned about the f -- f-35 program and the new air force one. done and theseit are great people. with themimpressed and good negotiators, too. carl icahn appointing -- appointed as a special advisor. he endorsed trump back in september 2015. president often spoke admiringly of carl icahn during his election campaign and...
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Dec 12, 2016
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overruns that are charging tens of billions of dollars to american taxpayers to enrich lockheed martin and boeingompanies, no. the jig is up. a new sheriff is in up to. we're going to watch our ps and gs -- qs as my mom used to say. it's about time. you disagree with that? i mean, come on, why should we let these companies bilk taxpayers? stuart: i'm with you all the way, steve. >> okay, good. stuart: i didn't expect to see it coming, and i am still skeptical -- [laughter] >> you're going to buy me a lunch, stuart or, when we give you your postcard return at the end of 2017, right? you heard it, folks, he owes me a lunch. stuart: we will hold not a mere lunch, we will have a celebration to which we will unviolate a couple people. [laughter] -- invite a couple people. >> i hope i'm on that list. stuart: you're on the list, don't worry. [laughter] >> thank you, stuart. stuart now, today thousands of women are expected to walk off the job, and they're expected to refuse to buy anything for 24 hours. they're protesting donald trump, and they want to show they are a value to the economy. leann johnson
overruns that are charging tens of billions of dollars to american taxpayers to enrich lockheed martin and boeingompanies, no. the jig is up. a new sheriff is in up to. we're going to watch our ps and gs -- qs as my mom used to say. it's about time. you disagree with that? i mean, come on, why should we let these companies bilk taxpayers? stuart: i'm with you all the way, steve. >> okay, good. stuart: i didn't expect to see it coming, and i am still skeptical -- [laughter] >> you're...
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Dec 23, 2016
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donald trump once again tweeting about lockheed martin and boeing. elect says what he calls a tremendous cost and cost ov overruns have led him to ask boeing to price out a comparable f-18 super hornet. lockheed martin shares falling after the news. boeing said it has committed, quote, to working with the president-elect and his administration to provide the best capability, deliverability, and affordability across all boeing products and services to meet our national security needs. a spokesman for lockheed martin declined to comment. president-elect trump met with ceos of both companies in mar-a-lago on wednesday. >>> in other political news, president-elect donald trump calling for more u.s. nuclear weapons. he tweeted saying that the u.s. must, in his words, greatly strengthen and expand its nuclear capability until such time as the rest of the world comes to its senses regarding nukes. the tweet came just hours after russian president vladimir putin called on his country to boost its nuclear power. i don't think they meant -- i thought they didn'
donald trump once again tweeting about lockheed martin and boeing. elect says what he calls a tremendous cost and cost ov overruns have led him to ask boeing to price out a comparable f-18 super hornet. lockheed martin shares falling after the news. boeing said it has committed, quote, to working with the president-elect and his administration to provide the best capability, deliverability, and affordability across all boeing products and services to meet our national security needs. a...
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Dec 22, 2016
12/16
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and lockheed, he'll criticize them one day then meet with them the next. sure. but the tpp is dead and trade policy is a big question moving forward. >> we mentioned boeing and lockheed martin, popping buy, surprise to the press pool, dinner at mar-a-lago with mr. trump and someone else who apparently popped by palm beach, david koch, fellow billionaire who hasn't been friendly to trump during his campaign and the "washington post" is reporting it was an informal, impromptu meeting in florida where they talked about the campaign plains for the administration. can you just remind everyone of their tenuous relationship and how they could work together? >> these are two men who have been critical of each other and the koch network which has been one of the most powerful fund-raising networks was not involved in supporting trump's campaign so the fact they spoke at mar-a-lago tells that mar-a-lago is becoming the new power center for politics going forward. it's part of an effort by republican establishme mment pls like the kochs to come to terms with the fact that donald trump will be the party's leader for the next four years. what that means about the kochs putting money beh
and lockheed, he'll criticize them one day then meet with them the next. sure. but the tpp is dead and trade policy is a big question moving forward. >> we mentioned boeing and lockheed martin, popping buy, surprise to the press pool, dinner at mar-a-lago with mr. trump and someone else who apparently popped by palm beach, david koch, fellow billionaire who hasn't been friendly to trump during his campaign and the "washington post" is reporting it was an informal, impromptu...
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Dec 22, 2016
12/16
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handshake with admirals and generals and then questions about his meeting with the heads of lockheed martin and boeing. >> trying to get costs down, we're trying to get the costs down. it's a program that is very, very expensive. it's a little bit of a dance. but we're going to get the costs down and we're going to debt it done beautifully. >> reporter: this time 5 seconds' worth of questions and then the president-elect went back inside. and this morning, president-elect trump is close to having a full cabinet. he has just two slots left to fill. agriculture and v.a. >> great to have you with us and president-elect trump's senior adviser kellyanne conway. you're goibxng to serve as counselor to the president. >> i am. >> you'll be in the white house. >> i will. >> will you counsel him to have more press conferences, 148 days without an official press conference, 44 days since the election. no press conference and here's what you said about hillary clinton and her folks not having a press conference during the campaign. >> her supporters are protecting her by not letting her talk to the press. apparen
handshake with admirals and generals and then questions about his meeting with the heads of lockheed martin and boeing. >> trying to get costs down, we're trying to get the costs down. it's a program that is very, very expensive. it's a little bit of a dance. but we're going to get the costs down and we're going to debt it done beautifully. >> reporter: this time 5 seconds' worth of questions and then the president-elect went back inside. and this morning, president-elect trump is...
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Dec 23, 2016
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evening from donald trump who tweeted out, based on the tremendous cost and overruns of the lockheed martin f-35, i have asked boeing to price out a comparable f-18 super hornet. you see donald trump pitting boeing and lockheed martin against each other in these years-long defense projects, not something we've seen before in a president-elect or president of the united states. >> it certainly isn't. can we, from the statements we heard not only from the president-elect but from the person you talked to earlier, is it possible to start figuring out who the corporate winners and losers might be in this new administration? >> sure. this person said the big losers will be crony capitalists. he says if you go to sleep at night and think you might be a crony capitalist, you probably are, and you won't sleep well during the trump administration. figure out what it means in donald trump's view and you might have a sense of who the winners and losers are. >> eamon, thank you very much. >>> the dow suffered its first back-to-back loss in six weeks. the blue chip index dropped 23 points to 19, 18. nasdaq was off 24. s&p 500 fu
evening from donald trump who tweeted out, based on the tremendous cost and overruns of the lockheed martin f-35, i have asked boeing to price out a comparable f-18 super hornet. you see donald trump pitting boeing and lockheed martin against each other in these years-long defense projects, not something we've seen before in a president-elect or president of the united states. >> it certainly isn't. can we, from the statements we heard not only from the president-elect but from the person...
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Dec 23, 2016
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donald trump, as you mentioned, had spoken to the ceos of both companies and n he appears to be pitting boeing and lockheed martinr. now, in that tweet he did say based on the tremendous cost and cost overruns of lockheed martin's f-35 program he has asked boeing to price out a comparable f-18 super hornet jet. he wants to see whether or not he can get a better deal from boeing because the f-18s do cost less but some sector analysts point out they don't have the same capabilities of an f-35. given that the f-35 is so crucial to lockheed martin's revenue this impacts the stock. that tweet alone helped drive lockheed martin shares down 2% in after-hours trade. speaking of stocks moving lower you may be wondering why we have yet to hit that big 20,000 marker on the dow jones. a lot of people were hoping we mitt hit that just in time for christmas. but not so, wall street saw declines on the dow for two straight days. we do have a full trading day today but nevertheless it's been a good year for the dow jones so that should be a merry christmas for investors on that one. >> i guess we may not get that milestone. but
donald trump, as you mentioned, had spoken to the ceos of both companies and n he appears to be pitting boeing and lockheed martinr. now, in that tweet he did say based on the tremendous cost and cost overruns of lockheed martin's f-35 program he has asked boeing to price out a comparable f-18 super hornet jet. he wants to see whether or not he can get a better deal from boeing because the f-18s do cost less but some sector analysts point out they don't have the same capabilities of an f-35....