Lockheed CEO: Fiscal Cliff Devastating to Industry
Dec. 17 (Bloomberg) -- This week's Bloomberg Government's "Capitol Gains" features an exclusive interview with the incoming and outgoing CEOs of Lockheed Martin, the world's biggest defense contractor. Host Peter Cook talks with Lockheed CEO Robert Stevens and his successor Marillyn Hewson on how their company is preparing for the possibility of automatic defense cuts and the new realities of a shrinking defense budget. They also discuss the outlook for the F-35 fighter jet, the Pentagon's most expensive weapons program.
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Canada's Startups Need More Self-Confidence
40:45 - The missing ingredient in Canada's startup technology industry is self-confidence, especially when compared with their bolder competition in the U.S., according to a panel discussion among some of the nation's most successful entrepreneurs. Ted Livingston, founder and CEO of messaging service Kik, said Canadians too often talk themselves out of opportunities because of the risks. U.S. investors and entrepreneurs will think first about the potential of winning rather than the risks of failing, according to Michele Romanow, co-founder of Clearbanc and Buytopia. (Source: Bloomberg)