Home     Xml Feed    Submit Articles     Editor Login
More4you Article Directory
  RSS Feeds   Add us to favorites
  Make us your home page
You want more tips, training and tutorials... everything you need to make your web site and business a success?

You get that and much more with the More4you Blogletter!

Subscribe today for free!

First name:

Email address:


Sponsors
  • Cash in on the multi billion dollar domain name industry!
  • sponsor WebSite.ws
  • Earn an Instant Income, Track, Cloak And List Build 100% on Autopilot!
  • sponsor ViralURL.com
  • Get FREE Instant Access To A Brand New, Rebrandable Product Each & Every Month To Build A List & Profit!
  • sponsor ViralPLR.com
  • An All-in-One Email Solution For Internet Professionals!
  • sponsor ViralinBox.com
  • The Web Host Top Internet Marketers Choose...
  • sponsor WebHostingSecret.com
    Categories
    Advertising
    Advice
    Affiliate Programs
    Auto & Trucks
    Awards
    Blogs
    Book Reviews
    Business
    Careers
    Communication
    Computers
    Copywriting
    CSS
    Dating
    Direct Mail
    Domain Names
    EBooks
    ECommerce
    Education
    Email
    Entertainment
    Environment
    Family
    Finance
    Fitness
    Food & Drink
    Free
    Gadgets & Gizmos
    Gambling
    Gardening
    Government
    Health
    Hobbies
    Home Accessories
    Home Business
    Home Repair
    HTML
    Humor
    Insurance
    Internet
    Investment
    Kids & Teens
    Law
    Link Popularity
    Malware
    Management
    Marketing
    Marriage
    Men`s Issues
    Metaphysical
    MLM
    Motivational
    Movies
    Multimedia
    Music
    Newsletters
    Non-Profit
    Off-Line Promotion
    Online Business
    Online Promotion
    Other
    Outdoors
    Parenting
    Pets & Animals
    Politics
    Press Releases
    Product Reviews
    Psychology
    Publishing
    Real Estate
    Recreation
    Relationships
    Religion & Faith
    RSS
    Sales
    Scams
    Science
    SE Optimization
    SE Positioning
    SE Tactics
    Security
    Self Help
    Sexuality
    Site Security
    Social Issues
    Spam
    Spirituality
    Sports
    Technology
    Traffic Analysis
    Travel
    Viral Marketing
    Web Design
    Web Hosting
    Webmasters
    Weight Loss
    Women`s Issues
    Writing


    Who Else Wants To Know The Mystery Behind Cheap Nba Authentic Jerseys?
    Author: Shawna Geake
    Website: http://www.nflnikejerseys.us/?cat=349
    Added: Tue, 13 Dec 2016 11:51:55 +0000
    Category: Internet
    Printable version | Email | Bookmark

    Donald Trump on Monday widened his attack on defense contractors, slamming Lockheed Martin Corp's F-35 fighter jet program as too expensive as aides to the president-elect said he intends to keep pushing to cut the costs of military hardware.

    Trump's latest Twitter broadside sent defense shares tumbling and fanned concerns that the incoming administration will reduce defense contractors' profit margins and cut broader federal spending, threatening U.S. factory jobs even as Trump promises to boost manufacturing employment.

    "The F-35 program and cost is out of control," Trump said on Twitter, echoing campaign promises to cut waste in federal spending. "Billions of dollars can and will be saved on military (and other) purchases after January 20th."

    Last week, Trump targeted Boeing Co with tweets for "out of control" costs on new Air Force One planes, urging the federal government to "Cancel order!"

    The new administration's focus is likely to be "wide-reaching and impact all of government as we look to come up with better deals," Trump transition spokesman Jason Miller said.

    "We're going to look for opportunities to go back through and make sure that we're not getting taken advantage of."

    Trump's F-35 tweet drew support from U.S. Senate Armed Services Committee Chairman John McCain, who has voiced support for the fighter jet in the past. While a president cannot cancel a program after funds have been allocated, it can purchase less.

    "He can reduce the buy over time, next year, as we look at it again, McCain told Reuters.

    But Trump's off-the-cuff remarks bristled others in Congress. Senator Richard Blumenthal, a Democrat from Connecticut, home to F-35 engine maker Pratt & Whitney, said the program supports 2,000 Pratt jobs and thousands more at suppliers.

    "The suggestion that costs are out of control is just plain wrong," he said. Trump should "learn more about the facts" before discussing "arbitrary cuts in the program, he added. "He's the president-elect. What he says matters."

    Lockheed shares fell 2.5 percent after being down 5.4 percent earlier. Shares of General Dynamics, Northrop Grumman, BAE and Raytheon also fell, while United Technologies and Boeing shares were slightly higher.



    'ACQUISITION MALPRACTICE'

    The F-35 has been dogged by problems, with the Pentagons chief arms buyer once describing as "acquisition malpractice" the decision to produce jets before completing development.

    That led to retrofits and helped escalate costs to an estimated $400 billion, prompting the F-35 to be described as the most expensive weapon system in history.

    The Pentagon's chief weapons tester has continued to criticize it, but the jets are now in use by the U.S. Marine Corps and Air Force, and by six countries: Australia, Britain, Norway, Italy, the Netherlands and Israel. Japan took delivery of its first jet last week, according to a program spokesman.

    Lockheed's F-35 program leader, Jeff Babione, said Monday the company had invested millions to reduce the jet's price by 60 percent from original estimates. "We project it to be about $85 million in the 2019 or 2020 timeframe," he told reporters in Israel.

    The Pentagon is now paying about $102 million each for the conventional takeoff A-model, according to sources familiar with the program. The savings reflect larger quantities and the ironing out of technical issues.

    As a practical matter, it was unlikely the U.S. would unwind such a large program involving contractors in nearly every U.S. state and eight partner nations, Baird Equity Research analyst Peter Arment wrote in a note Monday.

    "But what is likely ... is the message to the industry of potentially more risk-sharing on costs," he said. "This is potentially a new paradigm for the industry."



    (Reporting by Alwyn Scott, Andrea Shalal, Patricia Zengerle, Matt Spetalnick, Jonathan Landay, Phil Stewart, Doina Chiacu and Susan Heavey; Editing by Bill Trott and Nick Zieminski)

    U.S. President-elect Donald Trump speaks at the USA Thank You Tour event at the Iowa Events Center in Des Moines, Iowa, U.S., December 8, 2016. REUTERS/Shannon Stapleton/File Photo

    View all Shawna Geake's articles


    About the Author:
    This is me and ,and my site offer Cheap Atlanta Hawks Jerseys,come by enjoy yourself.

    More Internet articles


    :- Articles Search

    Click to search for articles!

    :- Recent Articles
    Renovating Your Entire Property Including Kitchen and Bathroom at Reasonable Price
    Choosing The Best And Most Suitable Carpets As Per Your Need
    CISA Certification: For an Incredible and Lucrative Career in Cybersecurity
    Best Steroids for Bodybuilding
    Comparison between Selenium, Cypress, Puppeteer, Playwright
    The global energy drinks market Division, New Business Opportunities, Growth Rate, Development Trend and Feasibility Studies 2026
    Inspection Rsidentielle Et Commerciale
    Are You Able To Spot The A Where To Buy Green Coffee Bean Pro?
    Kinky Sex Spots You Need To Strive!
    How to Use an Insulation Blowing Machine

    :- Top Resources


    Copyright 2000- Add2it.com Marketing Pty Ltd. All Rights Reserved.


    Powered by ArticleDirectoryPro