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without an agreement with the united states on missile defense and in the face of potential military threats russia was compelled to think of countermeasures. the country has declared in the past that it may withdraw from the strategic arms reduction treaty and said it will introduce measures to counter the missile defense . we will go ahead with the deployment of our missile defense system it is obvious that this presupposes the deployment of its components in poland in romania or station in turkey obviously this will also until these their mission of the basins be for american ships equipped with the system. it is obvious that the missile defense system will be targeted at the russian federation rather than some mythical middle eastern countries possessing virtual missiles. at least fifteen countries around the world have been involved with the nato missile defense shield . their radar stations in denmark and britain which is also host to interceptor missiles. canada two is going to join the project anti missile functions will be given to be agency responsible for north america's o
without an agreement with the united states on missile defense and in the face of potential military threats russia was compelled to think of countermeasures. the country has declared in the past that it may withdraw from the strategic arms reduction treaty and said it will introduce measures to counter the missile defense . we will go ahead with the deployment of our missile defense system it is obvious that this presupposes the deployment of its components in poland in romania or station in...
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agency responsible for north america's air and outer space defense. japan has decided to assist the nato missile defense shield its taking part in the manufacture of ages interceptor missiles. japan is going to build a forward based radar station on its territory. a similar radar station has already been built in turkey. the czech republic rumania hungry are ready to allow nato as missile defense complexes to be placed on their territory. if there were many go forward based american military presence which means the deployment of bases in post is so. republics notably. element of global domination as a powerful. military base. russia has taken adequate measures to. its activities to its own territory. to protect space. station is classified the equipment. water supply. system. to be controlled by russia's president whose. chief of the armed forces. some time ago russia suggested to the united states that they jointly control space over the middle east using a similar radio transmission station to azerbaijan if nato is top brass agreed to cooperate the
agency responsible for north america's air and outer space defense. japan has decided to assist the nato missile defense shield its taking part in the manufacture of ages interceptor missiles. japan is going to build a forward based radar station on its territory. a similar radar station has already been built in turkey. the czech republic rumania hungry are ready to allow nato as missile defense complexes to be placed on their territory. if there were many go forward based american military...
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the defense of need two countries. russia feels compelled to take countermeasures because the united states has refused to give legal guarantees demonstrating that the deployment of the american missile defense system in europe is not directed against russia. nato countries are in the mood to list scripts the deployment of them military installations to europe. new american military bases may soon be set up in kazakhstan. to administer tajikistan. once russia has been encircled by military bases as a new geo political reality will emerge we need to take this reality into account already today but and take measures to control potential threats to our security. meanwhile the view that the missile defense shield is too expensive is getting increasing currency inside the united states itself it provides financial backing to the armed forces moreover the project is making millions of dollars from nato subcontractors inferiors countries. between two thousand and five and two thousand and nine the us has spent fifteen billion
the defense of need two countries. russia feels compelled to take countermeasures because the united states has refused to give legal guarantees demonstrating that the deployment of the american missile defense system in europe is not directed against russia. nato countries are in the mood to list scripts the deployment of them military installations to europe. new american military bases may soon be set up in kazakhstan. to administer tajikistan. once russia has been encircled by military...
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russia relations and how it's being affected by america's controversial missile defense system in europe. the most vital national security interests of the united states would be most effectively realized not through hostility to russia but through cooperation with it. i think russia and the united states can reach a settlement of the establishment of a global missile defense system. this plan research is in jeopardy even the new strategic arms reduction treaty between moscow and washington has been unable to help. at a time of warmer bilateral relations nato's top brass decided to deploy a missile defense system protecting europe but they were setting up too close to russia's borders and must go didn't view it as a friendly gesture. we want to defend the whole of europe not just some european countries we want to european allies and friends to join in on missile defense strategy. in the event of the situation with a european missile defense system becoming unfavorable to russia we reserve the right to take no further steps in the nuclear disarmament area. the kremlin has repeatedly dema
russia relations and how it's being affected by america's controversial missile defense system in europe. the most vital national security interests of the united states would be most effectively realized not through hostility to russia but through cooperation with it. i think russia and the united states can reach a settlement of the establishment of a global missile defense system. this plan research is in jeopardy even the new strategic arms reduction treaty between moscow and washington has...
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in the event of the situation with a european missile defense system becoming unfavorable to russia we reserve the right to take no further steps in the nuclear disarmament area. the kremlin has repeatedly demanded that nato guarantees that the european missile defense shield would pose no threat to russia's strategic interests sofa the west has refused to cooperate with moscow on the issue. intercontinental ballistic missiles through snowbound russian forests under the cover of darkness. shrouded in secrecy the people in need to perform training drills and test the hardware on the roof. suddenly the convoy comes to a halt. street. crossing it's quite a challenge for the drivers of motor vehicles weighing. as specially considering. heads. of heavy launches safely reach the opposite bank with the most hazardous huddle behind it the convoy is on the move again. as the convoy forges ahead to its destination they leave the forest and pass through villages the sound of powerful engines thundering past is becoming a common occurrence lately for local people. we need such missiles to defend r
in the event of the situation with a european missile defense system becoming unfavorable to russia we reserve the right to take no further steps in the nuclear disarmament area. the kremlin has repeatedly demanded that nato guarantees that the european missile defense shield would pose no threat to russia's strategic interests sofa the west has refused to cooperate with moscow on the issue. intercontinental ballistic missiles through snowbound russian forests under the cover of darkness....
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Feb 24, 2012
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the department of defense just published a report by the defense science board. in fact, the report was asked for by ash carter when he was assistant secretary. now he's deputy secretary. and so ash carter asked for this report. and let me tell you what i think happened. i'm going to be very cynical here, so those -- don't be too shocked. i think the defense science board inadvertently hired some contractors to do the study who actually did a study. because the people who signed these documents when you get up to the pentagon, you know the people who sign these documents have nothing to do with, actually, what the study is. and they were so careless -- i say careless because i'm ascribing a motive of concealing information from you, the american people -- they were so careless that when the unclassified version of this document was put out, they inadvertently spilled the beans. so let me tell you what this document that the current deputy secretary of defense asked for and is now out there in the open. incidentally, send me an e-mail, i will send you the letters
the department of defense just published a report by the defense science board. in fact, the report was asked for by ash carter when he was assistant secretary. now he's deputy secretary. and so ash carter asked for this report. and let me tell you what i think happened. i'm going to be very cynical here, so those -- don't be too shocked. i think the defense science board inadvertently hired some contractors to do the study who actually did a study. because the people who signed these documents...
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Feb 18, 2012
02/12
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again, half of that comes out of defense. now, defense only accounts for 20% of our budget. but the first tranche, 50% of the savings came out of defense. the second tranche, another 50% of the savings is slated to come out of defense. so we could look out ten years and be talking about $100 billion a year cut on defense out of what had been projected in previous budgets. to me, the most pressing need right now is we need to fix the sequestration. if we allow that to move forward and hit us next january 1st, the way it is currently drafted, just across-the-board cuts, either 8%, 12%, depending on if personnel are taken out of the equation, thinking of all of the multiple contracts, i don't know how many contracts you have out, mr. secretary, but i'm sure it's in the hundreds if not thousands. that would have to be rewritten, renegotiated. i just see total chaos on january 1st of next year, if this has not been fixed. i would like to ask you, general, what you're doing, what you're contemplating you're doing to prepare for the problem that may confront us if we do not address
again, half of that comes out of defense. now, defense only accounts for 20% of our budget. but the first tranche, 50% of the savings came out of defense. the second tranche, another 50% of the savings is slated to come out of defense. so we could look out ten years and be talking about $100 billion a year cut on defense out of what had been projected in previous budgets. to me, the most pressing need right now is we need to fix the sequestration. if we allow that to move forward and hit us...
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missile defense well and consider is iran to be a real threat and destroy this antara missile defense is is not against russia it's against the iranian threat because the russian army there the russian military capability it may destroy it and overcome it will likely easily move why doesn't russia buy this argument. this issue is very complicated first. where do you think that iran is the threat for united states or for the russian federation approve the way do you think of that until missile defense is that maybe a threat to russia so the americans are wrong then it's easy for us to crack this thing you say that when you create the need defense you have to take into account real threats for example if you decide to construct your pretty shutoff or house. you will decide you will look around you will see what kind of climate news in this place is what kind of saw all of this in this place people are living next door by the way by their way and then you decide the work carlo be them you will be it will be necessary for you to construct for example if you leave in desert for example it
missile defense well and consider is iran to be a real threat and destroy this antara missile defense is is not against russia it's against the iranian threat because the russian army there the russian military capability it may destroy it and overcome it will likely easily move why doesn't russia buy this argument. this issue is very complicated first. where do you think that iran is the threat for united states or for the russian federation approve the way do you think of that until missile...
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Feb 16, 2012
02/12
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department of defense. general martin e. dempsey, united states army, chairman, joint chiefs of staff. the honorable robert, if i heal, tunds secretary of defense, and controller of the department. thank you for being here. mr. secretary, the time is yours. >> thank you very much, members of this committee, always nice to be able to return to the house i'll ask that my statement be made part of the record. >> no objection, so ordered. >> i appreciate the opportunity to appear before you to discuss the president's budget request for fiscal year 2013 for the department of defense. these brave men and women, and they are, for anybody that's gone to the battlefield and talked to those in uniform, they are without question, the next greatest generation of individuals. along with the department easy vilian professionals who support them, they've done everything that's been asked of them and more during more than a decade of war and, again, i thank you for the support you provided to them. if fy 13 budget request for the department
department of defense. general martin e. dempsey, united states army, chairman, joint chiefs of staff. the honorable robert, if i heal, tunds secretary of defense, and controller of the department. thank you for being here. mr. secretary, the time is yours. >> thank you very much, members of this committee, always nice to be able to return to the house i'll ask that my statement be made part of the record. >> no objection, so ordered. >> i appreciate the opportunity to appear...
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Feb 27, 2012
02/12
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the department of defense just published a report by the defense science board. in fact, the report was asked for by ash carter when he was assistant secretary. now he's deputy secretary. n so ash carter asked for this report. let me tell you what i think happened. i'm going to be cynical here. so don't be too shocked. i think the defense science board inadvertently hired some contractors to do the study, who actually did a study, because the people who sign these documents when under the circumstances into the pentagon you know people who sign these documents have nothing to do with actually what the study is. . they were so careless. i say careless, because i'm describing a motive of concealing from you, the american people. they were so careless that when the unclassified version of this document was put out, they inadvertently spilled the beans. let me tell you with this document, the current deputy secretary of defense asked for and is out there in the open. incidentally, send me an e-mail. i will send you the letters that a colleague and i wrote to the nati
the department of defense just published a report by the defense science board. in fact, the report was asked for by ash carter when he was assistant secretary. now he's deputy secretary. n so ash carter asked for this report. let me tell you what i think happened. i'm going to be cynical here. so don't be too shocked. i think the defense science board inadvertently hired some contractors to do the study, who actually did a study, because the people who sign these documents when under the...
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Feb 27, 2012
02/12
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ballistic missile defense review report. anybody can read it. when we came into office, what we inherited was a proposal from the george w. bush administration to put some interceptors, ten interceptors, in poland. and a radar, a sophisticated radar in the czech republic. and assorted other capabilities and it was basically justified as an attempt to deter or necessarily to degrade an iranian attack on european targets. but it did provoke the russians who saw this as kind of a toe in the water leading to a capability that could degrade their strategic retaliatory capability. now, many times under clinton, under george w. bush, and under president obama, senior americans have met with the russians, have given detailed power point presentations and other kinds of discussions to demonstrate, i think, very persuasively that there's no way that these systems could seriously degrade a russian attack, not that we want the russians to attack. we want the russians to feel comfortable that the retaliatory capability is not threatened. remember, if you hav
ballistic missile defense review report. anybody can read it. when we came into office, what we inherited was a proposal from the george w. bush administration to put some interceptors, ten interceptors, in poland. and a radar, a sophisticated radar in the czech republic. and assorted other capabilities and it was basically justified as an attempt to deter or necessarily to degrade an iranian attack on european targets. but it did provoke the russians who saw this as kind of a toe in the water...
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Feb 27, 2012
02/12
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sometimes called a layer defense. slightly artificially, trajectory of the attacking missiles is into boost phase, course, and terminal phase. dercht elements of the defense are focused on each phase of the trajectory of the attacking missile. so there's boost phase intercept, which is tough. there's recourse intercept, and there's terminal intercept. and as these technologies mature and as the networks and net -- sense of networks mature, we have expectations that the ability to degrade the attacking missile in either boost phase, mid course, orterminal phase will grow so the likelihood of penetration will be reduced. you know we say in policy, policy is about prediction. you establish a policy because you expect that if you do it, it's most likely that the following will result. sometimes you're right, sometimes you're wrong. but i think it's not helpful, it's not constructive, although it's often done, to impugn the motives, purely for grounds other than the technical capability. and dr. carter, whom we all know ve
sometimes called a layer defense. slightly artificially, trajectory of the attacking missiles is into boost phase, course, and terminal phase. dercht elements of the defense are focused on each phase of the trajectory of the attacking missile. so there's boost phase intercept, which is tough. there's recourse intercept, and there's terminal intercept. and as these technologies mature and as the networks and net -- sense of networks mature, we have expectations that the ability to degrade the...
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agency responsible for north america's air and outer space defense. japan has decided to assist the nato missile defense shield it's taking part in the manufacture of a just into septa missiles. japan is going to build a forward based radar station on its territory. a similar radar station has already been built in turkey. the czech republic rumania hungry and poland are ready to allow nato as missile defense complexes to be placed on their territory. but if that were america forward based american military presence which means the deployment of bases in post is so. republics notably in central asia is an element of us global domination as a powerful ramified infrastructure any military base has the capacity to deploy units of agents supplying electronic intelligence. russia has taken adequate measures to counter such actions but i'm like it confines its activities to its own territory a radar station is being put on combat duty in the kaliningrad region russia's western. systems are being deployed in the country's west and. they could hit any target
agency responsible for north america's air and outer space defense. japan has decided to assist the nato missile defense shield it's taking part in the manufacture of a just into septa missiles. japan is going to build a forward based radar station on its territory. a similar radar station has already been built in turkey. the czech republic rumania hungry and poland are ready to allow nato as missile defense complexes to be placed on their territory. but if that were america forward based...
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Feb 27, 2012
02/12
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that's because the theater or terminal high altitude defense system is a mature theater defense system. we used to call theater missile defense systems. the language has changed a little bit. the standard missile three, naval system is quite mature. the ground-based interceptor in alaska people talk about. the least reliable of hit to kill intercepters we have. this has been failing in several test flights for a host of reasons. not only is it less reliable, it's more expensive on the order of $70 million per interceptor, whereas these ones here are down in the thaad, 10 to 15 million. these architecture built on these more mature missile defense assets is going to be less expensive. most people talk about the intercepters. that's what captures the public's imagination. the most important asset or technology behind missile defense is the sensor architecture and control system. the sensors are radars, the spy-1, cruiser and forward-based x band radar or tpy-2. this is the radar associated with the thaad missile defense system. both are mature. thaad and tpy-2 are sophisticated and effec
that's because the theater or terminal high altitude defense system is a mature theater defense system. we used to call theater missile defense systems. the language has changed a little bit. the standard missile three, naval system is quite mature. the ground-based interceptor in alaska people talk about. the least reliable of hit to kill intercepters we have. this has been failing in several test flights for a host of reasons. not only is it less reliable, it's more expensive on the order of...
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Feb 29, 2012
02/12
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the reality is the defense spending both in the core defense budget and the core defense budget and the war cost has grown dramatically and has been a factor in contributing to the recent deficits. and 1997, we spent 254 billion on the department of defense, and 2012 when we include war cost we will spend about $645 billion on the department, which is down slightly from the peak in 2010. all of the decline from 2010 to 2012 came from the reduction in the war cost. the court department of the budget has been about flat since 2010 but remained at a very high level. if we compare recent overall defense spending and budget function 03 coo 50 to the recent non-defense discretionary spending we can see that overall defense funding has remained at about $554 billion since 2010 not including the war cost. while bonn defense funding has fallen from 540 billion to $489 billion in a 2012. so, of the discretionary pact, basically defense is level, non-defense down slightly. looking forward to the president is proposing a small reduction in the department of defense funding in 2013, bringing it down
the reality is the defense spending both in the core defense budget and the core defense budget and the war cost has grown dramatically and has been a factor in contributing to the recent deficits. and 1997, we spent 254 billion on the department of defense, and 2012 when we include war cost we will spend about $645 billion on the department, which is down slightly from the peak in 2010. all of the decline from 2010 to 2012 came from the reduction in the war cost. the court department of the...
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Feb 27, 2012
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now, there is a technical potential for building a defense. it is a kind of boost phase defense. mike said it's not possible. i don't know how he knows that because i've actually been studying it in great detail. and you could -- i did not say that. >> that's what i understood you to say. >> i said there are three phases and missile response involves a layer of defense. >> i apologize for misquoting you. >> extensive work going on in all three phases. >> there are not. that's one of the problems. that's one of the things that i've been trying to do. with incidentally bill perry, another hippie. and there are things you could do -- there are things you can do that could allow you to build a defense of some capability. and there's no point -- i would be happy to talk with you privately. i've done a lot of work on this. we're talking to the russians about it. we're trying to talk to the administration but they always seem to be too busy. i don't know what they're doing, but, you know, it's really difficult. >> ted, they may not know what they're doing but i know what i'm doing and i
now, there is a technical potential for building a defense. it is a kind of boost phase defense. mike said it's not possible. i don't know how he knows that because i've actually been studying it in great detail. and you could -- i did not say that. >> that's what i understood you to say. >> i said there are three phases and missile response involves a layer of defense. >> i apologize for misquoting you. >> extensive work going on in all three phases. >> there are...
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Feb 15, 2012
02/12
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and non-defense programs. the budget the president sent us yesterday avoids sentinal quest ration by meeting the $1.2 trillion additional defense reduction target, approximately one-half further cuts in spending and one-half in additional revenues. the defense budget for fy2012 13* -- fy2013 reflects the results of the department's comprehensive and inclusive strategic review initiated by president obama in april of last year and the strategic guidance that resulted. we look forward to the witnesses' explanation of the process they went through to develop the new strategic guidance, their assessment of the guidance's most important features and potential risks relative to the current and anticipated security environment, and how this budget request supports its strategic priorities and manages strategic risk in the near and long terms. the administration has called for two more base realignment and closure or barak -- back rounds. in my view, however, before we consider another round, the department ought to l
and non-defense programs. the budget the president sent us yesterday avoids sentinal quest ration by meeting the $1.2 trillion additional defense reduction target, approximately one-half further cuts in spending and one-half in additional revenues. the defense budget for fy2012 13* -- fy2013 reflects the results of the department's comprehensive and inclusive strategic review initiated by president obama in april of last year and the strategic guidance that resulted. we look forward to the...
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defensive arms and that so. is writing in this article that we discussed in the beginning of this interview i quote in the upcoming ten years around. so one hundred sixty six billion dollars will be allocated for modernizing the defense sector and quite well this money they will go mostly to the russian weapons producers over. yes of course it's will be all huge sum of money is it a lot for the russian i mean. to us we would like to get more. broadly please don't. get some. said by mr putin there. our economy our government is in debt to russian army because previously we did invest a lot of money to russian military and don't forget that at the same turn all of western countries including united states swallowed a lot of money huge sum of money and if you come here all ninety allocated for military industry in united states and western europe you can see the difference and of course we have to do what we want we would like to see. if. we need. efficient weapons for our army will you could i mean the russian arm
defensive arms and that so. is writing in this article that we discussed in the beginning of this interview i quote in the upcoming ten years around. so one hundred sixty six billion dollars will be allocated for modernizing the defense sector and quite well this money they will go mostly to the russian weapons producers over. yes of course it's will be all huge sum of money is it a lot for the russian i mean. to us we would like to get more. broadly please don't. get some. said by mr putin...
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Feb 15, 2012
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administration's defense budget. then, the senate budget committee questions congressional budget office director, jeffrey zients, and a review of the nato commission in libya with the commanding general. >> defense secretary, leon panetta, talked about president obama's defense budget at a hearing of the senate arms services committee today. it would spend $525 billion in fiscal 2013. secretary pa panetta joined by martin dempsey at this four hour hearing. [inaudible conversations] >> good morning, everybody. the committee this morning welcomes secretary defense leon panetta and chairman of the joints chief of staff, general martin dempsey for the hearing on the department of defense's fiscal year 2013 budget request. the associated future years defense program and the posture of the united states' armed forces. the committee also welcomes under secretary defense controller robert hail joining the secretary and the chairman at the witness table. let me start by thanking all of you for your continued service to our n
administration's defense budget. then, the senate budget committee questions congressional budget office director, jeffrey zients, and a review of the nato commission in libya with the commanding general. >> defense secretary, leon panetta, talked about president obama's defense budget at a hearing of the senate arms services committee today. it would spend $525 billion in fiscal 2013. secretary pa panetta joined by martin dempsey at this four hour hearing. [inaudible conversations]...
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the defense of need two countries. russia feels compelled to take countermeasures because the united states has refused to give legal gay.
the defense of need two countries. russia feels compelled to take countermeasures because the united states has refused to give legal gay.
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against it this would be the wrong move as the matter consumes the defenses need.
against it this would be the wrong move as the matter consumes the defenses need.
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defense secretary panetta said israel was likely to bomb iran within months u.s. and e.u. have imposed a number of financial and oil sanctions against iran over its disputed nuclear program which they suspect could be used to make weapons. at least thirty seven people have been killed in south sudan during a shooter at a peace meeting gunmen in trucks arrived and began shooting indiscriminately after a fight broke out at the gathering the meeting was designed to bring an end to the recent violence of a stolen livestock hundreds have been killed in recent weeks as a result of disputes about cattle. europe's worst cold snap in decades has now claimed the lives of one hundred seventy five people one hundred have died in ukraine alone many from frostbite and hypothermia extreme temperatures even cause the black sea to breeze off the coast ridges in remote areas have been cut off with trucks are able to transport supplies heavy snowfall has led to the closure of schools and airports across europe. there's a clash of cultures in kurdistan moderate forms of traditionally held swa
defense secretary panetta said israel was likely to bomb iran within months u.s. and e.u. have imposed a number of financial and oil sanctions against iran over its disputed nuclear program which they suspect could be used to make weapons. at least thirty seven people have been killed in south sudan during a shooter at a peace meeting gunmen in trucks arrived and began shooting indiscriminately after a fight broke out at the gathering the meeting was designed to bring an end to the recent...
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is planned for the anti missile defense system in europe and now this discussion is still underway it's actually a deadlock and there are different opinions coming from various sides. of parties in europe stand for unilateral. missile defense system which would include russia and the european union nato and the united states washington says that it's ready to cooperate but it has to have a tough stance always going to its defense while the foreign minister says that this is russia's foreign minister says this issue through etan's the positive relations between these two branches the eastern and the western branch of the european civilization like they said russia and the united states but of course there are many great examples of positive cooperation between russia and the northern north atlantic treaty organization for example cooperation in afghanistan and with transit problems for nato in pakistan russia is playing a major wall in the operation there giving its air corridor or through its airspace and there is also of course a great example of. cooperation between washington and mos
is planned for the anti missile defense system in europe and now this discussion is still underway it's actually a deadlock and there are different opinions coming from various sides. of parties in europe stand for unilateral. missile defense system which would include russia and the european union nato and the united states washington says that it's ready to cooperate but it has to have a tough stance always going to its defense while the foreign minister says that this is russia's foreign...
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Feb 26, 2012
02/12
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it affects all the agencies, not just defense. but for the moment i think we want to give the congress time to do its job and to pass a far- reaching change that halts sequestration. >> but if it goes through and it does have to happen, you guys are going to have to come up with the money. >> absolutely. we will have to plan for it at that point and make it happen. it doesn't go into effect until january 2nd of 2013. you know, we're 10 months off from that, so it isn't next month that this is going to happen. again, i want to give congress time to do its thing and to make changes in the deficit. >> let me take you to -- you mentioned omb. every budget cycle is give and take, obviously, between the white house and the pentagon at the end of the day and we're told by numerous foablgs that, for example, the pentagon -- the the white house did get involved, told the navy you guys have to keep one more carrier. there was a cost issue. it was a military pay increase that had to be covered at the end of the day. how much of this budget i
it affects all the agencies, not just defense. but for the moment i think we want to give the congress time to do its job and to pass a far- reaching change that halts sequestration. >> but if it goes through and it does have to happen, you guys are going to have to come up with the money. >> absolutely. we will have to plan for it at that point and make it happen. it doesn't go into effect until january 2nd of 2013. you know, we're 10 months off from that, so it isn't next month...
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Feb 29, 2012
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are these defense cuts simply not as important as they look? or maybe they're being trumped by something even bigger. could it be six of one, half dozen of another? here's the other thing, lockheed martin is not alone, there's some genuine defense pin action here. two contractors have been rallying in play and both within striking distance of their highs. the reasons, okay. first of all, as is often the case before a stock really takes off, expectations for this sector and for lockheed were very low and wall street has been negative on this group for ages. they all saw it coming. ever since the super committee failed in november, they've been bracing e ining for for the wor. congress doesn't have to figure out what to cut from the budget until next year, it's likely we won't hear about any more defense cuts until 2013. in other words, there aren't any negative near-term catalysts for the group like estimate cuts, but at the same time, the bar's been set incredibly low, that's why they'll go up on the slightest positive news or even on bad news
are these defense cuts simply not as important as they look? or maybe they're being trumped by something even bigger. could it be six of one, half dozen of another? here's the other thing, lockheed martin is not alone, there's some genuine defense pin action here. two contractors have been rallying in play and both within striking distance of their highs. the reasons, okay. first of all, as is often the case before a stock really takes off, expectations for this sector and for lockheed were...
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Feb 5, 2012
02/12
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WUSA
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services committee on planned defense >>> welcome to "this week in defense news." i'm vago muradian. france's amphibious assault 2o#" betake -- we take a tour of a novel vessel that packs a big punch at a bargain price. but, first, the ranking member of the house arms services committee joins us for an interview to discuss the administration's 2013 defense spending request which is to include $525 billion for the baseline budget and another $88 billion for overseas contingents. the white house will submit the budget to congress on february 13th. the administration proposes to cut $259 from planned spending levels over the next five years to meet congressionally- mandated reduction goals. adam smith is a representative who represents washington state's 9th congressional district which includes major boeing research and development and until the end of the year joint base lewis mcchord and surrounding communities that are home to 100,000 military personnel, their families, defense contractors and civilians. i started our interview by asking him his view of a plan tha
services committee on planned defense >>> welcome to "this week in defense news." i'm vago muradian. france's amphibious assault 2o#" betake -- we take a tour of a novel vessel that packs a big punch at a bargain price. but, first, the ranking member of the house arms services committee joins us for an interview to discuss the administration's 2013 defense spending request which is to include $525 billion for the baseline budget and another $88 billion for overseas...
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Feb 24, 2012
02/12
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CSPAN
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the layer defense. different elements of the defense are focused on each phase of the trajectory of the attack. there is terminal intercept. as these technologies mature and as the networks and the sensor networks mature, we have expectations that the ability to degrade the attacking missile in boost phase, recourse or terminal phase, will grow. so the likelihood of penetration will be reduced. policy is about prediction. you are establishing policy because you expect if you do it is most likely that the following will result. sometimes you're right. sometimes you are wrong. but i think it is not helpful or constructive, the wood is often done, to impugn the motives purely -- though it is often done, to impugn the motives. dr. carter, who was undersecretary of defense at the time of the missile defense report and is now deputy secretary is in noted technology and policy expert, erodes scholar -- a rhodes scholar, a longtime harvard faculty member. hopefully will now be one of the key figures in the defe
the layer defense. different elements of the defense are focused on each phase of the trajectory of the attack. there is terminal intercept. as these technologies mature and as the networks and the sensor networks mature, we have expectations that the ability to degrade the attacking missile in boost phase, recourse or terminal phase, will grow. so the likelihood of penetration will be reduced. policy is about prediction. you are establishing policy because you expect if you do it is most...