Tech
How Defense Contractors Make Billions Off Missile Sales
Missile sales are the number two defense export in the U.S. and production is dominated by a handful of companies such as Raytheon, Boeing and Lockheed Martin. As technology advances, will expensive missiles and hypersonic glide weapons dominate the market, or could start-ups and cheaper technology change the missile economy?
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How The U.S. Defense Business Makes Billions Off Missile Sales
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Tuesday is John Ternus’ first day as CEO of Apple, following Tim Cook’s 15-year run as the top leader. Ternus is a 25-year company veteran and was Apple’s senior VP of hardware engineering. Ternus takes over as Apple confronts major challenges due to soaring memory costs and the company’s precarious position in AI. CNBC technology reporters Kif Leswing and MacKenzie Sigalos discuss what’s next for the iPhone maker and what to expect from Ternus and Cook in their new roles.
Topics:
00:00 Introduction
00:14 Who is John Ternus?
00:59 AI era
3:00 What to expect from September 9th event
6:40 Tim Cook’s role
8:33 Smooth transition
11:18 Siri AI
15:12 Competition
16:59 ‘Expect no changes’
19:45 The importance of the Mac
22:07 Biggest challenge
Reporters MacKenzie Sigalos, Kif Leswing
Edited by Erin Black
Camera by Andrew Evers
Senior Director of Video Jeniece Pettitt
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Apple’s John Ternus Era Begins — Here’s What To Expect
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Taylor Farms has been linked to cyclosporiasis and salmonella outbreaks this summer. After years of consolidation, experts say the company’s ability to control every stage of the supply chain has made it indispensable to grocers and restaurant chains, while raising the stakes for consumers when things go wrong. CNBC food and wellness reporter Brandon Gomez explains how the U.S. became so reliant on Taylor Farms.
Chapters:
0:00 Introduction
1:40 Chapter 1: Concentration of risk
6:35 Chapter 2: Food giants’ reliance on Taylor Farms
7:30 Chapter 3: Does America have a better option?
CREDITS:
Reporting by: Brandon Gomez
Produced by: Ryan Baker
Edited by: Darren Geeter, Andrea Miller
Camera and Additional Reporting: Natalie Rice
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
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How The U.S Became So Dependent On Taylor Farms
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Is live-streaming going to be the next big thing that occupies everyone’s time on social media? Meerkat and Periscope, two new apps, are betting so. CNBC’s Dominic Chu compares the platforms.
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Meerkat vs. Periscope: Live-Streaming Apps | Tech Bet | CNBC
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Meta has quietly rolled out the most sophisticated version of its Muse Spark AI model, which deploys multiple agents to research and synthesize a consolidated answer. CNBC’s Julia Boorstin has more.
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Tesla chief executive fires back at Mobileye on safety concern accusations.
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Tesla And Former Camera Supplier, Mobileye Engage In Public Dispute | Tech Bet | CNBC
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@EricPham-gr8pg
December 21, 2023 at 6:25 am
Space gravity divergence or convergence can push entire air squadron aircraft into different altitude and by pass target…like pyramid geometry but in electrodynamic could make missile or aircraft off from flight path if large amount of inbound otherwise use laser or microwave is best
@itsok6640
December 21, 2023 at 6:25 am
The defense industry is the reason you're able to get a liberal arts degree in lesbian dance theory
@nickfanzo
December 21, 2023 at 6:25 am
Missiles are old world tech.
These big contractors have far more advanced tech than missiles , using your money illegally, and we are coming to get to the bottom of it!
The legislation is being passed VERY SOON.
#weknownow
#wethepeople
@ydoc7513
December 21, 2023 at 6:25 am
Guy at 9:44…that didn't age well….pretty sure most US made (and German or US/Norwegian made) ground based air defense systems are performing above their "paper" certs in UKR….and I think we can all be glad for that!
@Julia_2008
December 21, 2023 at 6:25 am
😠😠😠
@q1w2e3r4ge5t6y7u8i9o
December 21, 2023 at 6:25 am
10:23 🤣🤣🤣
@ericphantri96734
December 21, 2023 at 6:25 am
Hypersonic misile i s hard to stop
@luisillo1738
December 21, 2023 at 6:25 am
Gringos gasten mejor el dinero de sus ciudadanos en escuelas universidades vivienda salud, en lugar de su absurdo material de guerra invasion y destruccion
@heinousanus9352
December 21, 2023 at 6:25 am
Taiwan's gonna fight off China with a handful of missiles. 🤣
@tiberiomach7810
December 21, 2023 at 6:25 am
Golden Rule, “In everything, do to others what you would have them do to you. You failed yet again!! Jesus was right and murdered for it!! “Do to others as you would have them do to you.”
@wrenchman117
December 21, 2023 at 6:25 am
anybody noticed the mini bar behind XD
@curtismitchell4274
December 21, 2023 at 6:25 am
Green River Launch Complex (GRLC), Utah should be reactivated for Advance Weapons Defense development.
@swisscottagecleanairaction
December 21, 2023 at 6:25 am
7:39
@antoniorafaelroman582
December 21, 2023 at 6:25 am
The sad part is that sooner or later this technology is not gonna be secret anymore and sooner or later the world is gonna end
@AnhTuPhucDerrickHoangCanada
December 21, 2023 at 6:25 am
Spacex better not go into missiles because their peaceful brands.
@psychologyhealingonline3939
December 21, 2023 at 6:25 am
Slava Ukraini spray the russians with everything!!!!!!!!!!!!!!!!!!!!!!!!!
@Murican808
December 21, 2023 at 6:25 am
It makes no sense in a military point of view to sell weapons to another country as they can reverse engineer the technology and all that research and development spent by local tax dollars are basically copied for a fraction of the cost. It’s all about money for the people in charge.
@chrishung7582
December 21, 2023 at 6:25 am
4:29– 5:24,
7:14-end
@zmitch88
December 21, 2023 at 6:25 am
Sold. Sold. Sold.
@anonimi7062
December 21, 2023 at 6:25 am
Hello it's the IRON DOME here 🙂
long live ISRAEL-long live AMERICA 🇮🇱 🇺🇸
@anonimi7062
December 21, 2023 at 6:25 am
Some countries just want to destroy others.
Some countries just want to protect themselves.
Remember that.
@anonimi7062
December 21, 2023 at 6:25 am
Some countries just want to destroy others. Some countries just want to protect themselves. Remember that.
@bishwarajpleasedontsendany4645
December 21, 2023 at 6:25 am
Note any YouTube videos are without ad visitor advertiser only recommended thank you
@princidhillon8875
December 21, 2023 at 6:25 am
Thing is usa can sell to anybody but if another country does thn comes Sanctions …..now thts power….
@acidbot6681
December 21, 2023 at 6:25 am
And still Russian made missiles are considered to be the best on the planet…
Not to mention that Russian missiles cold launch system is nothing short of a work of art!
@chibuo4733
December 21, 2023 at 6:25 am
When you offer free, quality, universal healthcare, housing, education, civic services and infrastructure then use what (i anything) is leftover for defence. Otherwise, your population and government are effectively serfs to your weapons manufacturers and their backers.
Moral hazard is on the increase, remember what befell Rome…
@kariminalo979
December 21, 2023 at 6:25 am
Eisenhower warned about the MIC.
@nithinpavithran6509
December 21, 2023 at 6:25 am
America promote their missiles sales by sanctioning every other country if they buy weapons from anywere else
@jonasklapper2875
December 21, 2023 at 6:25 am
USA: We don't sell defensiv missiles to turkey.
Germany: Sells tanks to the turks and gives anti tank weapons to the kurds.
@markbrisec3972
December 21, 2023 at 6:25 am
A small correction.. Raytheon is THE largest missile manufacturer in the world. From the venerable Tomahawk and Patriot missiles all the way to the Standard missile family on the US Navy's ships and the air to air AMRAAM missile. Next big step in missile technology is of course the hypersonics game.. Hundreds of billions of $ are on the table…
@teddybear2840
December 21, 2023 at 6:25 am
Biden is making the USA weak
@davidhimmelsbach557
December 21, 2023 at 6:25 am
You knuckle-heads. Corporate profits belong to Apple, Google, Amazon, MSFT — they are in the DIGITAL SPACE. By law, DoD contractors can't retain Fat Profits. They are under continuous audit. Should any contract be crazy profitable, the excess has to be promptly rebated back to Congress. The high expense for DoD contractors is WAGES. That's where all of the money is going. That's also why such contractors spread the action across the nation — hopefully making it Congressionally impossible to stop the gravy train — and the gravy is going out as WAGES to voters in every Congressional district.
Even more strangely: American taxpayers actually don't pay for the DoD's outlays. We 'export' the tab to our trading partners. This reality is something that THEY fully understand, Putin fully understands — and the CCP fully understands. It's driving them crazy!
How can that be? It's the direct consequence of the Bretton Woods agreement of 1944. The US government runs deficits to fund the DoD — and the rest of the planet has to eat such deficits by importing US dollars that cost the US government nothing to produce — by the billion. You will find, if you're as smart as you think you are, that the American government has been financing its DoD outlays for half-a-century by this mechanism. It's also why Germany, et. al are bitter about Trump et. al complaining about Europe not paying their fair share to defend the West. But they ARE. They've actually exported their security to the Americans… and the Americans have exported their security expense to Europe, Japan — and every other nation that has to use the US dollar as its Reserve Currency… a need than never goes away. Moscow and Beijing are TRYING rather disparately to stop this funding mechanism. Their project has been going on for decades. Their current hope is that digital currencies will finally do the trick. The latter, functionally, are synthetic GOLD. Yes, the Commies are going to fall back to the Gold Standard — to get rid of Bretton Woods — which was established to, largely, get rid of the Gold Standard — deemed to the primary financial cause of WWII.
If any of this is news to you — you've got some reading to do.
@TheKeithvidz
December 21, 2023 at 6:25 am
America's industry the reason why world peace a distant memory – lobbies OWN government. The US wars, russian-china tensions, mideast invasion, govt disregard of public wishes against war. RAYTHEON and its TOW missiles went to ISIS to attack Syria.
@forvelox3667
December 21, 2023 at 6:25 am
The splendid death yearly slow because authority anteriorly dress vice a simple supply. hateful, wise farmer
@curtiscarpenter9881
December 21, 2023 at 6:25 am
The S400 is impressive the Israeli SPYDAR is impressive too. I think the UK needs to base its defence industry and military industrial complex on a set of global standards.🧠🤯🔏
@poopface9605
December 21, 2023 at 6:25 am
The anxious rat roughly invite because tire conformably welcome until a unknown oyster. hissing, arrogant cinema
@F139
December 21, 2023 at 6:25 am
Sm3 probably worked for the first time !! All for saudis fails
@PraveenUduweriya
December 21, 2023 at 6:25 am
This video fails to mention the fact that THAAD and Patriots are inferior to S400s in almost every aspect. That’s the main reason countries choose to go with S400. Even when they’re long time US allies
@alparslankorkmaz2964
December 21, 2023 at 6:25 am
Nice video.
@lionelspencer-ward3527
December 21, 2023 at 6:25 am
Does anyone really think the military-industrial complex wants “World Peace”???
Or big pharma wants the cure for cancer???
Or the police and prisons want a solution for criminality???