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Committee will come to order. I would like to welcome our Witnesses Today as the Committee Examines military Cyber Operations. I note that just about exactly two months ago, president obama confirmed for the first time that the u. S. Is conducting Cyber Operations against isis. And as the leadership of the department of defense was discussing this, they said it was the first time that Cyber Command has been given the guidance to go after isis. Just like we have an air campaign, we want to have a cyber campaign. And some of the press went on to discuss that secretary carter was pushing for u. S...

Document. When secretary signed the document, he directed the department to focus its efforts on three primary missions in cyber space. One, defend the department of information, department of Defense Information Networks to assure our dod missions. Two, defend the United States against Cyber Attacks of significant consequence and, three, provide full spectrum cyber options to support contingency plans and military operations. Another key part of our strategy is deterrence. Dod is supporting a comprehensive Cyber Strategy to deter attacks on the u. S. And our interests. This strategy depends o...

We are integrated in with the private sector well. Were going to continue to grow that, whether its through the Defense Innovation unit, experimental out in Silicon Valley, that secretary carter stood up. How we lerchlveraged the skills that the National Guard and sources bring and we leverage those skills as integrating those folks into the Cyber Mission force or continue to work with the private sector in response to Cyber Attacks through exercises such as cyber guard. So, we already are working with the private sector pretty well, i think. Were going to get better at that. And were leveragi...

From pimco, head of asset allocation. We are going to now take a check 2 00. Kets at a couple of hours left in todays trading. For that we go to abigail doolittle. Lots of chinese internet stocks on the move based on actions i jp morgan. Baidu shares are down sharply, one of the worst drags on the nasdaq today. After j. P. Morgan downgraded to underweight, they say the core internet search business is under pressure as advertisers are looking to go to mobile platforms. A stock already down 10 this year. Well. Are lower as j. P. Morgan has downgraded this stock to neutral. Margins could be unde...

Hour. But first, headlines from carol massar. Pimm, thank you so much. A Holding Company for icon is said to be planning a 3. 5 billion debt offering, the largest ever for the company. According to a person with knowledge of the transaction, as part of the deal Icon Enterprise may sell threeyear notes which cannot be called in fiveyear bonds after 2 1 2 years. Firstquarter earnings in line with what was forecast. However, quearl revenue with 126. 7 million, short of the estimated 127. 5 million for the nations largest chain of drivein restaurants. And aviation bumpy start to 2014 continues for...