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.

Chinese Markets: Is It Time to Get Back In?
22:39 - Erwin Sanft, head of China Strategy at Macquarie Securities Group, discusses the Chinese markets and Macquarie's China strategy for 2016. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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