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Transcripts For CSPAN2 Oversight Hearing On F-35 Joint Strike Fighter Program 20240712

The chair is authorized to declare a recess at any t time i now recognize myself for an Opening Statement. Good morning todays hearing will focus on the f35 joint Strike Fighter a highly technical Stealth Fighter that is the pentagons largest and most costly acquisition programs in cf 35 Program Began more than 20 years ago the department of defense more than 350 billion onts Development Total cost to sustain the program is estimated at more than 1 trillion. Unfortunately this program is plagued by challenges including major problems with maintenance of the aircraft. This hearing will address the many, time and manpower the military is forceded to spend for spare parts from Lockheed Martin. Juneck 2019 the dod Inspector General found over a threeyear period more than 15000 spare parts for the f35 lacked dialogue that maintains Important Information of the spare parts. 2020 Committee Staff from the majority and minority visited multiple military bases and interviewed personnel who maint

Transcripts For CSPAN2 Oversight Hearing On F-35 Joint Strike Fighter Program 20240712

I am pleased that it is one we can work in a bipartisan manner. I believe we all want a Strong Military and a strong private sector and a strong government that is wisely tracking taxpayers money and spending it efficiently for the purposes that it was meant for. I look forward to working with the Ranking Member in the future and i am so pleased he is with us here today. Without objection the chair is authorized to declare a recess of the committee at any time and i now recognize myself for an Opening Statement. Good morning. Todays hearing will focus on the f35 joint strike fighter. A highly technical stuff fighter that the pentagon largest and most costly acquisition program. Since the 35 Program Began more than 20 years ago the department of defense has spent more than 350 billion on its development. Total cost to sustain the program are estimated at more than 1 trillion. Unfortunately, this expensive program has been plagued by challenges for years, including major problems with ma

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession since the 1930s. India is set to extend its current 21 date lockdown to the end of the months to allow more time to evaluate the spread of the infection. The Prime Minister said the government has adequate supplies of medicine and protective gear for frontline workers, adding that the next four weeks will be critical. The virus is ad social emergency. In hong kongals are facing a pay cut. Announced new stimulus. The additional spending accounts for double the projected government budget. The ph

Transcripts For CSPAN2 Key Capitol Hill Hearings 20151228

Other than a gasoline engine. They will be connected to each other in ways that will make the driving experience safer and more enjoyable and they will more and more relieved the human being of the driving task. Because we know that humans are fallible and will have crashes and cars, the Automobile Industry and the national Highway Transportation Safety Administration or nhtsa has spent the last half century designing and building automobiles to be safer when they crash with innovations like seatbelts and airbags. Today we are designing and building automobiles to avoid collisions entirely with technologies like for him to backup cameras and blind spots warnings. Increasingly these technologies allow the machine to assist the driving task itself when the human driver doesnt react appropriately enough to approve a crash. Soon, technologies like vehicle to Vehicle Communications will be deployed with the promise to impact over 80 of the crashes on todays roads. The savings in terms of li

Transcripts For CSPAN Hearing On Cars And The Internet 20160104

Will have Opening Statements herd, ms. F, mr. Kelly. After that, we will hear from then, after wend have heard from the witnesses, we will go to questions. So with that, i will give the first Opening Statement and again, welcome, everyone. Its interesting, the age we live in, of new technology and communications. The Incredible Technology that we see in take for granted every day, we are hearing a new we are entering a new era in transportation technology. Theres some of the older panelists, members of an audience who remember when you used to open the hood of a car and could take out the various parts and identify everything. Figure outd a phd to what is in there, and its capabilities are just astounding. A lot of safety features and cars we didnt have before, but we today will address the issues relating to, again, what we call the internet of cars and look at some of the implications of that technology. I think some of this was highlighted some time ago when that vehicle was hacked.

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