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Hit let me ask you -- More talking this morning about -- in general dynamics -- those companies just reported.
You know the DOD obviously has massive contracts with both of those parties and Obama talks about creating more transparency.
Acquisition reform and manage me -- mean he really wants an open bidding process.
So is the defense industry in the likes of the -- into general dynamics a beneficiary or not at his potential presidents.
I believe they are going to be -- his walk.
Right now we have cost overruns and the F 22.
-- -- combat ship.
DDG 1000 that chip was supposed cost one point two billion dollars a piece we've been built 32 of them right now.
The plan is to build seven at a cost of four billion dollars is the first one comes out.
As our troops redeploy he wants a strong security bloody wants is a credibility.
With a defense contract procurement process has had a 60%.
Since 2001 what he's saying if we're gonna do it we're gonna do was strapped them and do wisely he has called for an acquisition reform an example.
Defense Department has something called the.
Earned value management system right it's an industrial way to do things to watch -- -- cost overruns the government accounting office and the undersecretary of defense have said.
We're not following.
And that's what one of the reasons -- cost overruns he will bring what is most needed.
Not just in the defense department of her private contractors -- -- Iraq transparency.
When it and I feel responsibility.
I think it is not being done and that is absolutely critical for the future OK but.
Obama gets elected.
He going to face any what -- food budget deficit.
Now he's against -- as you know several -- spending plan today and many feel if he pulls out of Iraq a cut defense spending will follow through.
-- if that's true well why is it that he's beating Senator McCain in fund raising.
For those in the defense industry one would expect since everybody's talking about McCain with all the military experience that this would in fact not be the case how do you respond to that.
I think it it's been a statement that he has made.
-- says look I want to build the 21 century.
Military not the twentieth century Boeing is not just about hardware.
Some of the borrowings and Lockheed -- Both of -- -- in my district.
Some of the best work is what they do in this new evolving area of network centric.
Knowledge base type of warfare.
In short if you -- had knowledge because of your knowledge from space systems and others that Saddam Hussein was about to go into Kuwait.
In 99 you know early nineties right we might not be -- today what he has said.
If we are going to investment and number one military in the world but in a wise -- and are met our defense industries recognize it's not just about hardware.
It's about just like you have seen in business Alexis.
This globalization based upon knowledge of the bombs go.
It's southeast Asia's currency or something happens it affects somebody in Russia it affects bonds' reign that in Boston you -- knowledge and that type of future is one -- he has said.
I want the right systems for the future and they basically know.
The military -- not about just capacity how many its capability to use our troops.
And our ships and aircraft batter and that to my mind is what he harbors for this nation.
With the right transferring the right accountability in the right -- -- knowledge based military.
-- congress since he fact we're gonna leave it there I want to thank you very much for joining me today I have three thanks for having me.
And senator Barack Obama will continue his trip abroad is heading and -- from Germany this evening.
He wraps up this week with a trip to England time and of course -- ends this Friday.
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