. >> the back office server, and rockwell collins, to connect airplanes in the sky. >> you know somethingabout that too. >> yeah, i do. amtrak, because interoperability with so many railroads on two systems outside the core door, asis in the core door runs stand alone. the other two we rely on, rockwell collins, to operate the basic server farm to federate all of the other railroads we operate on and to operate the server for us so the trains and dispatchers all communicate. if i were to suggest one thing for the committee that could accelerate all this, the president of boston, siemens, lab tech and the four of them right here and much of this technology we are talking about depends on software development and hardware development by those oems but those are the biggest critical dependencies right now. >> may be the chairman - a substantial lack of drawdown by some of the railroads. evaluating in any way with that, but it done by the middle of the year and what clearly, a recipient on funds to relate to them complying with the goal. is there any way you are following up with railroads, w

rockwell collins bought something called air, inc., which is a company that connects airplanes in the sky -- >> you know something about that too? >> well, yeah. yeah, i do. and so amtrak, because we had to federate, have interoperability with so many railroads and on two different systems outside the corridor, asis doesn't have to federate, so in the corridor it runs standalone. the other two we rely on, rockwell collins to operate the basic server farm to federate all the other railroads we operate on, and to operate that server form for us. so that the trains and the dispatchers all communicate. if i were going to suggest one thing for the committee that could accelerate all this, get the president of alston, siemens, web tech, and rockwell collins, put the four of them right here. because much of this technology that we're talking about depends upon software development and hardware development by those oems. and those are probably the biggest critical dependencies right now. >> thank you. maybe the chairman took out notes as to future hearings welcomed have. you mentioned that th

pays planning his retirement, but not until he has completed the companies $22 billion tie up rockwell collinshe has discussed his exit was the board after the merger process is expected to take three years. he took over in late 2014 and rejuvenated the company by investing in new products and digital tech. andi: china is indebted struggling to reach anything close to what it paid for park avenue. the conglomerate bought the 1960's-era tower last year, home to j.p. morgan chase, and the price tag was among the highest ever seen for any new york for two. that is just about it for daybreak australia this morning. yvonne and betty up next with a break asia over the next couple of hours. of course, we are kind of bracing for the asian open after the selloff overnight, but what are you watching? be the focus.ill the tech selloff started in asia with concerns after we learned that apple was developing its own screens. that sent jitters to the asian suppliers. add onto the tray concerns after the washington post that we could be seeing the u.s./tariffs on china as soon as friday. in strategists will

and we had a boar meeting here two days ago i said the first thing we need to do is close on rockwell collins. we'll do that in the next two, three months once we closed down on rockwell, once we started the integration i told the board we would go through a process by the end of the year tomake a decision having brian rogers on the board, having ellen who went through this process while she was at dupont, having fred reynolds who has been through this process a number of times as a board member those are invaluable insights. so it's not like we need to go outside and ask a lot of questions because i think the board truly understands what's important to investors and long term stakeholders in the business >> look, congratulations on just a great run since you've come in, done so much right i personally just think that they are both good options staying with and breaking up i'm sure you'll make the right decision thank you so much, sir >>> thank you, jim take care. when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network sec

kane planning his retirement, but not until he has completed the company's $23 billion buyout rockwell collinsed his measure the magazine. he rejuvenated the company by investing in the politics -- with new products. and we were going down 6%. after reporting sales underwhelmed investors. revenue rose 6% to 8% in and they had a fourth quarter look up. you have transformed yourself into a traditional club contender. and theng back to china country's deleveraging drive, efforts to put the property market with developers in the spotlight, equities, asian editor, divvy off he joins us now from singapore. we probably are just kicking off. is it all that new? svyuslly.l one thing that keeps coming up are the results themselves and the numbers in there. for the most part, investors and analysts are expecting solid earnings growth. we have seen some of the smaller developers come out and announce earnings cointreau arnaz. looking out for that. another thing we will also be gross garg karim baghdady khalid al-falihs. , that is oneers thing investors are going to be watching out for. china's plan to imp

battle for csra, but we have seen a number of big m&a deals we have seen united tech buying rockwell collinsouncing a $529 million purchase of exten, but the sector is already consolidated there's not a lot of choices hence, you're seeing something like a bidding war look for more deals in small and mid-cap part of the market, what analysts are saying, names like the government services space, saic, mantech, booz allen hamilton also, mercury systems, aerojet rocket dimer, even potentially harris which is viewed as both a possible seller or buyer these are the names analysts are focusing on as we see the pickup in deal making >> what do these companies do? a couple, caci and saic, they all go by initials because names don't work they're a little below the radar. >> you're talking about government services here this is, you know, this is the other part - >> intelligence services >> things like the cloud and i.t. and you're talking about providing personnel for certain types of services. so whereas some of the defense primes are involved in hardware and sort of these long lead contracts, these