Largest Defense Contractor Braces For Budget Battle

Dec. 14 (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. (Source: Bloomberg)
Oil Up Fifth Straight Day, Response to Saudi Air Strikes
33:43 - Carl Riccadonna, Ross Gerber and David Sherman discuss how oil prices respond to Saudi air strikes. They speaks with Alix Steel on "Street Smart." (Source: Bloomberg)
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