as you've mentioned, northrop grumman, raytheon. they recently hit their 5 year high. so as we talk about war, we also have several who benefits from war. can you help me unpack that a little bit? who's really benefited? is the old earth, latins silken coolly. bono, who benefits are going all the way back when you can name was just going the last century. world war one. the loans by j. p. morgan to the british for arms, for the british, it had to deal or even had lost the war to some extent. j. p. morgan would have gone bankrupt and wilson, i'm president and could not allow that to happen. that would have been a financial disaster, and that goes on from there on, in particular whoa, whoa, who benefited from vietnam going on as long as it did, or afghanistan. right now, the war that were supporting in yemen through arms to saudi arabia and the u. e. eyes keeping ej a truly genocidal war going on or enormous massacre. and i think with very little benefit except to the arms manufacturers. people ask, why don't we learn from our failures in vietnam and afghanistan and else

people you name for lucky, raytheon, northrop grumman and the others are they have anything to learn. i'm afraid that right now, there's 2 major purposes that will keep the war that can keep the war and ukraine going. as long as the war in afghanistan, not in the way that is being waged now. but by a kind of guerrilla we're, we're supporting that with support, as we did against the soviets in afghanistan for 10 years. and the f ukrainian people would be ground to bits in the course of that as the africans were. and yet it's very comfortable for people who are supplying those weapons and keep going. there is one other major motives that effects these things in particular in europe . and that is it r u. s. role in europe who are not after all a european nation. and we have no particular rule in the european union. but in nato, that's as the mafia says. cosa nostra our thing. we control natal pretty much, and nato gives us an excuse in a reason to sell enormous amounts of arms to now to the formerly warsaw pact, nations which had only 2nd raid or obviously. so the weapons altogether from

look at the winners of who's been winning the programs to replace a nuclear triad, we've seen northrop grumman two legs of the nuclear triad with a b-21 bomber and ground-based strategic deterrence, which will replace our minuteman icbms. so these are the opportunities for defense. >> is northrop your best bet >> i mean, it's our top pick, during the last cycle, during the reagan administration buildup, northrop only had one leg of the nuclear triad, and in this cycle, they will have two legs of the nuclear triad for growth >> is there -- what's the difference between these companies? i mean, we talked about it earlier with tech on the show. the difference between amazon and alphabet northrop, lockheed, general dynamics explain to our viewers, yeah, they're bigger in ships, they're bigger in missiles, they're bigger in planes, et cetera. >> when you think of general dynamic, they build submarines, and they also have combat vehicles like strikers and inrimms and gulf stream business jets gulf stream today is a key driver of the stock. even though it's a defense contractor, thecompany trades mor

it means that you can't really justify new trident submarines or i she be m's that northrop grumman is making a whole new life. she be up against ian or isis or i l. cater. ah, nature stonecutters as rationale for multi 1000000000 now dollar arms budget. only russia has the targets, any sophisticated arms to fight against. you don't need advanced 5th generation fighters against people who don't have any aircraft or fighters of their own, or sophisticated ones. but russia and now china and for the future in particular, to offer noxious arrival or a competitor, but shown who could be painted as an enemy against whom you have to defend. and of course, put now in the last shoe once has just been a bonanza for the armed people. because it last you've made a russia look an offensive i enemy of some kind. who has to be defended against, with the latest weapons, with new weapons. and of course, russia has its military industrial complex to maintenance fast. they remind me of the black arts poet, gills got herons that everybody loved peace. the problem is you can't make no money off of it. you

stocks falling as lockheed and northrop grumman are cut to sell also increase tension on u.s.efense spending. >>> first, a check on the markets, dow, s&p, nasdaq pack to positive territory, dom chu >> the bank stocks, this is the kickoff to bank earnings season, earnings season in general it has some crazy intraday movements. bank of america, wells fargo, citigroup, jpmorgan, now, they are all up around 2 to 2.5, 3% near session highs in positive territory after each was markedly lower on the heels of their earnings reports perhaps driven by fundamental buyers maybe some short covering is part of that story they are big stories today and helping to drive in upside action keep an eye on shares of delta air lines in the opposite direction out with earnings that beat estimates for profits and revenues but delta said higher labor costs will hurt current quarter profits. they are down 3.25%, one the powers performers on the s&p 500. on the tech trade. >> thank you, tomorrow let's start with the change of tone coming from china this is important. chinese authorities are considering

demonstrations to stop or the profits of raphael in general dynamics. boeing, lockheed martin, and northrop grumman. another difference between the 1st we should discuss the suppose isn't there justification, but what different today from the 19 say 50 years ago is that there is debate and discussion it so overwhelmingly on the side of state power and official doctrine. but it exists. you go back to the 19th sixty's, it barely even existed. there was no up in the case of the vietnam war, for example. there was essentially no opposition to it for a long time. finally, broker. and we should be, we should recognize that the civilizing effect of the activism, mostly young people in those years. and since has had an impact, there is no a range of debate discussion. oh, people like me of course, can't get into the mainstream media, but we never could. that was impossible. and now at least there's alternative wish for voices well, actually, or, well, actually you, your name has been mentioned in mainstream media and it's been defamed. and i don't know whether you want to take legal action. you're a trench

it just so happens that black rock has tens of billions invested in lockheed martin re ethan northrop grumman and other major us arms manufacture as ukraine is the major market for that produce as russia has to respond to washington's deliveries more aggressively. you see where this is going, right? black rock puts fortunes into companies that are literally used to add fuel to the war in ukraine, which only leads to more devastation and more for black rock to rebuild and ingenious plan devised in the highest echelons of power c. black rocks managing director, has been hired by the us treasury department, specifically to shape us economic policy on russia and ukraine. but rebuilding is just the very tip of this capitalist ice bag. the real profit lies in ukraine's soil. the country is a gold mine, or rather, a titanium mine, and ukraine happens to be quite rich in titanium, just like russia or china, washington's key rivals and potential enemies altogether. ukraine said proudly in 4th place globally, in terms of total assets, the value of natural resources, including natural gas, with black ro

we have a nuclear weapons industrial complex and just the same as lockheed lobbies and northrop grumman and raytheon lobby to sell fighter jets and, you know, you hear stories about. congress wants weapons that the navy doesn't even want and stuff like that. it's because the military industrial complex that ike eisenhower warned us about where the arms many of factories spent the smallest proportion of their income recycle it back into the think tanks and into k street lobbyists in d.c. to push for not just fighter jets and armaments carriers and the us, but even for hydrogen bombs. and there are lobbyists whose job is essentially senate ear. let me tell you about the deal we got on h bombs this week and why you need more and why you can never scale back and why negotiations a bad idea. and in fact, if you go back to the obama years he pushed very hard to his credit to get the new start treaty passed through the senate and. it's now the only treaty is the last standing treaty limiting the numbers of strategic nuclear weapons in the american and russian arsenal. but in order to get that

we waited trust them carrying our precious astronauts there were failures and delays through northrop grumman this was supposed to be docking to the space station and the dragon after a successful launch could not talk i was at the cape and happen to be getting together withnn the president of space x after the launch we have less than an hour or we will not be successful each one would have been a very big delay and i went over to wait for her and found they had the standing in the back of the room and i wanted to get out of the way having nothing to contribute technically and they were just watching e . . . . what i really is as is a moment awi embrace the private sector, this way of doing business, all important things and these were two of the guys who had been somewhat opposed to having astronauts be transported commercially. they were well into the cargo mission. so it was like watching a grandparent with a child maybe fishing where a parent, say a dad might show him how to put the worm on the hook but if they got something they they would grab hold of the fishing rod and reel in. these

, real estate and materials close behind but a couple named sitting out of january's surgery northrop grummannd pfizer and archer daniels leading losses for the month. >>> electronic art shares dropping after the company cut its full year sales forecast indicating a more cautious consumer earnings coming in 73% bookings coming in below estimates. shares taking a leg lower in just the past few months, down a double-digit percent at this point. maybe it's no surprise this is exactly where you would cut if you were a consumer in distress. >> these stocks have done well, probably on the back of a lot of m&a chatter in this space. the stocks have levitated quite well this actually makes sense to me. and quite frankly, even with this move, there is probably some more downside risk, until some of the m&a animal spirits come back. i still think the stock can go lower from here. but i think tim will probably sate and accurately so there is a place to own electronic arts and it's probably over the next week or so. >> tim will, you say there is place to own electronic arts and it's probably over the nex

general dynamics and our two-star sponsor, northrop grumman for the coffee series. we cannot do this without your support and we appreciate it. let's give our sponsors a big round of applause. [applause] >> and with that, my two minutes of fame are up, so it gives me great pleasure to introduce the president and ceo for the association of the united states army. please put your hands together for bob brown. >> i don't know about that forcing them to recognize you there. and what a great way to start 2023 with the 40th chief of staff of the army and quite honestly, the right leader at the right time and we're so glad, jimmy, that you're in this role. i'll start off with questions and i want you to be ready and we'll save plenty of time for questions from folks out there. i want to welcome so many senior leaders here, it's great to see you and then our industry leaders and congressional staffers, thanks for being here and for all you do, we know it's so key for our soldiers and their success in the future, and so, let's get right into it, jim, and again, thanks for be

spacex had had of course failures, delays, as had their competitor northrop grumman, then orbital sciences. scientist. this launch was supposed to be talking to the space station. the dragon capsule lost a couple thrusters after successful launch and wasn't going to be able to dock. i was at the cape, happen to be getting together with the present spacex after lunch. we had planned, gwynne shotwell, but with this pub she said i'm in the op center. we've got to work this. we have lessr. than an hour i believe to work the system, or thee docking was not going to be successful. each one of these what event i've got a pretty big delay to crew being about to dock. and i went over to wait for her and found it to my kids of nasa's human spaceflight program understandably there, bill kristol meyer and mike suffered any come standing in the back of the room not at a console. and died one to get out of the way, had nothing to contribute technically and asked what they're doing in the back and there were just watching spacex work through this problem and try to solve the problem. they were talking to

lauren: northrop grumman says it expects to complete the first of five b-21 raider production ordersuction costs came in the below estimates and call b-21s the backbone of future u.s. air power for decades to come. that stock down 1.3%. and according to the defense security cooperation agency, u.s. weapons sales jumped just about 50% last year. the u.s. reported $52 billion worth of arms sales in 2022. compare that to $35 billion in 2021. that's a big jump. the spike largely because of the war in ukraine and also china's aggression. not to mention russia produces a lot of weapons, so many sanctions on russia, we're taking some of their market share. >>> now this, the new select me on china, congressman carlos jimenez joins me now. thank you for coming on. >> my pleasure. lauren: what are some of the first things on your agenda? >> well, we just had an organizational meeting with our chair, representative gallagher, and i'm very, very proud to be on this committee, and i think that we have a very aggressive agenda. we understand the threat that china poses economically to the united s

goldman sachs moves to a sell rating on lockheed martin and northrup northrop grumman.at stuff. and, of course, major wall street firms are circling the wag imons around big tech. barclays has reiterated a an outperform on amazon. apple got a buy at bank of america. but here's the thing, bank of america's top pick for the year, netflix. here with us now, phil blonde can know, before we even get started, gotta give you props. you're on the show two days ago, we're talking about if f ark ark, you know, the -- faa, the fiasco there, the southwest fiasco. you say, no, buy airlines stocks. take a bow, my man. >> thank you very much, appreciate it. charles: all right: so what happens now? [laughter] >> well, i'll give you a very provocatived idea. charles: okay. >> everyone that owns an equity portfolio with you, what do i want to buy? the 20-year u.s. treasury. why? think about it. if i'm right that rates go back down, you win. if they stay where they're at, you win on a big dividend, and if we get into a recession, you win on that too. you barbell your most aggressiv- charl

northrop grumman, lockheed martin, among others we're going to hear much more when we begin to get earnings a moment lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. ♪ this feels so right... ♪ adt systems now feature google products like the nest cam with floodlight, with intelligent alerts when a person or familiar face is detected. sam. sophie's not here tonight. so you have a home with no worries. brought to you by adt. >>> lloyd austin is urging fellow defense ministers to, quote, dig deeper, on supporting ukraine. the united states says it will send another $2.5 billion military aid to ukraine, and that includes those stryker armored vehicles for the first time germany,

we're in the talking about northrop grumman emerging with dynamics >> they continue to say it's a verymarket share components are not large. sony has been a very vocal opponent, not greeting to any deals in terms of allowing very long periods under which they would have access for their platform for the playstation platform to various games, but you're right that said, we will await the cma, and then we can talk about the eu and then at some point the ftc as well. but right now, it's the cma, and again, it's very hard to discern what their opinion's going to end up being >> between the justice department's insistence to simon & schuster and random house not merge because of what it could do to writers in which stephen king testified, and this, i would say, don't you have better things to do >> meanwhile, jim, getting some fed speak today, bullard's on the tape already saying the prospects for a soft landing have improved markedly >> yes, yes. >> we'll get laurie logan later today. and then brainard tomorrow that's the one people are watching but coming from bullard, who -- >> i love th

happen to like raytheon technologies, because it's got aerospace, meaning, boeing in china, but northrop grummant's a fantastic stock, and they are saying very negative things about it all defense budget issues. this is the first spillover of the house going republican, and i think people have to recognize that defense companies usually have bipartisan support, but they don't right now and i think this downgrade is very meaningful. a lot of hot money is in these stocks because of the war. lockheed martin, very good company too. >> although it remains very much unclear whether there really be any sort of funding cut for our aid to ukraine >> david, if we have a shutdown, people are going to be looking for themes >> if we have a shutdown and don't raise the debt ceiling, we got a lot more to worry about than just defense stocks >> well, if we have nuclear war, we have a lot more to worry about. >> i would argue, you have nothing to worry about if we have nuclear war it's over. >> i just point it out because i, myself, felt that what would happen is that there would be a -- really, a recognition th

shares in giant defence contractors , lockheed martin, contractors, lockheed martin, boeing or northrop grummanne and then there's the so—called climate crisis. as 2022 draws to a close, they're calling it the hottest year on record . these claims are made by record. these claims are made by the government soon researchers. the challenges from esteemed scientists disputing that orthodoxy fall on deaf ears are silenced and ridiculed along with all the other voices, the powers that be would prefer did not exist . studies estimate that not exist. studies estimate that 5 million people die every year on account of climate , 500,000 on account of climate, 500,000 from the heat and 4.5 million from the heat and 4.5 million from the heat and 4.5 million from the cold. are we to assume the so—called experts would prefer 2022 to have been the coldest year on record? i'm sick and tired of the whole thing but hope many of oldies. i only wish i could put the old news behind me and look ahead. and yet how can i hope? can any of us that are way too weak to the evil madness around us and i use the word evil,