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.
Thailand Seeks to Lift Martial Law
26:20 - Thailand is seeking to remove martial law, 10 months after its implementation. But critics say the army is gunning for even more power. Bloomberg's Haslinda Amin reports on "First Up." (Source: Bloomberg)
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