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Lockheed Martin Corporation (LMT) Q2 2021 Earnings Call Transcript

Lockheed Martin Corporation (LMT) Q2 2021 Earnings Call Transcript
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Funding could be cut for missile defense system for Guam

Funding could be cut for missile defense system for Guam
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Biden's Disappointing First Nuclear Weapons Budget | Arms Control Association

Biden's Disappointing First Nuclear Weapons Budget | Arms Control Association
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Aegis Ashore Too Limited For Guam: Former INDO-PACOM Head

Aegis Ashore Too Limited For Guam: Former INDO-PACOM Head
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Joint Chiefs Chair: Sustaining war against China would be a 'significant challenge'

Rep. Mike D. Rogers of Alabama, the committee’s ranking Republican, said the defense budget request “doesn’t keep pace with China. It doesn’t even keep pace with inflation.”
“The only reason [President Biden] is not spending more on defense is because the radical left is pushing him to cut it,” Mr. Rogers said. “They want to slash defense spending by 10% or more. To his credit, the president has not gone that far, but what he’s proposing is far from what we need for a credible deterrent.”
A war with China “would be an enormous expensive undertaking in terms of all measures and I would be concerned about the ability to sustain a long term conflict,” Gen. Milley said. ....

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