mr. perlmutter. i warn the witnesses -- >> colorado. >> colorado. from colorado. i would warn the witnesses that his jacket is off and his sleeves are rolled up. >> thank you, mr. chairman. and thanks for holding this committee hearing. and to you two gentlemen, thank you for being here again. these are very important assets of the united states. as mr. loudermilk said, dealing with life, limb and property as well as science. and, you know, i think i mentioned the last time you were here, i've been working on this since 2009 and 2010 with n-post. and what i would like to do is sort of go back to basics and understand the structure, the decision-making structure here. so i come from a construction family. and if -- with respect to jpss and the go systems, am i correct when i look at it as noaa is the owner, nasa is sort of the general contractor, and then the private companies, the lockheeds, the balls, the orbital atks are in effect the subcontractors. is that a fair way to describe this? and this is to both of you. dr. volz. >> yes, but noaa is the owner but also

mr. perlmutter. i warn the witnesses -- >> colorado. >> colorado. from colorado. i would warn the witnesses that his jacket is off and his sleeves are rolled up. >> thank you, mr. chairman. and thanks for holding this committee hearing. and to you two gentlemen, thank you for being here again. these are very important assets of the united states. as was said dealing with life, limb and property as well as science. and, you know, i think i mentioned the last time you were here, i've been working on this since 2009 and 2010 with n-post. and what i would like to do is sort of go back to basics and understand the structure, the decision-making structure here. so i come from a construction family. and if -- with respect to jpss and the go systems, am i correct when i look at it as noaa is the owner, nasa is sort of the general contractor, and then the private companies, the lockheeds, the balls, the orbital atks are in effect the subcontractors. is that a fair way to describe this? and this is to both of you. dr. volz. >> yes, but noaa is the owner but also the architec

mr. perlmutter. i warn the witnesses -- >> colorado. >> colorado. from colorado. ould warn the witnesses that his jacket is off and his sleeves are rolled up. >> thank you, mr. chairman. and thanks for holding this committee hearing. and to you two gentlemen, thank you for being here again. these are very important assets of the united states. as was said dealing with life, limb and property as well as science. and, you know, i think i mentioned the last time you were here, i've been working on this since 2009 and 2010 with n-post. and what i would like to do is sort of go back to basics and understand the structure, the decision-making structure here. so i come from a construction family. and if -- with respect to jpss and the go systems, am i correct when i look at it as noaa is the owner, nasa is sort of the general contractor, and then the private companies, the lockheeds, the balls, the orb by tal atks are in effect the subcontractors. is that a fair way to describe this? and this is to both of you. dr. volz. >> yes, but noaa is the owner but also the architec

ike and laurie perlmutter, $1 million. [applause] mr.mp: jj cafaro from florida, and a fantastic man from cleveland. $55,000. another friend of mine, one of the most brilliant men you will ever meet, phenomenal poker player. he does not do it for a living. you cannot make a deal with this guy and come out on top. in fact, i am thinking about him for china. how about him negotiating with china? [applause] mr. trump: you know, china this year in trade, will make over $500 billion in terms of our trade deficit. $500 billion. that is no partnership. and i am a free trader, but we have to use our heads. we use political hacks to negotiate with the chinese. i deal with them all the time. they buy my apartments for millions. i love them. i am not blaming the chinese. i am not angry at them. i am angry at our politicians because we have people that are incompetent running our country. why should we be losing, in trade deficits, $500 billion a year? if i took a guy like this and put him in charge, mr. and mrs. phil ruffin, come on up. [applause]