Summit Notebook

AUDIO – For the automakers — No Chapter 11, please

February 23, 2009

The plans are in.

Now comes the waiting, which, as Tom Petty can tell you, is the hardest part.

Now that General Motors Corp and Chrysler LLC have filed their plans of reorganization to the U.S. government and have started what looks like a long and not-painless process to make themselves smaller, more profitable and better suited to the current U.S. demand for new cars.

AUDIO – More money, more money, more money…

February 23, 2009

The U.S. government is spending a LOT of money these days.

We generally don’t go for the all-CAPS version of words, but in this case, it seemed appropriate. Every day we’re seeing new multibillion-dollar programs being rolled out of Washington, D.C. for everything from bank bailouts to auto companies programs.

AUDIO-As bad as last time? Yup.

February 23, 2009

Trying to game this current recession has been a tricky — and so far, a largely unsuccessful — venture.

AUDIO – Cash is king

December 17, 2008

And for Boeing Co’s customers, saving cash is becoming increasingly important.

AUDIO – Deal making is back! (Um, maybe…)

December 16, 2008

There might not be the enthusiasm of a couple of years ago, but some deals in the defense sector might actually get done, according to Thomas Captain, head of Deloitte‘s aerospace and defense group.

AUDIO – Sharpen up those pencils!

December 16, 2008

No, it’s not time for a pop quiz.

Instead, for the U.S. government and the many companies that provide its weapons and defense systems, the time is coming to start deciding on priorities and coming to grips with how to finance all of the things that need to be done.

AUDIO – Whither F-22?

December 16, 2008

In a time of shrinking budgets and fears for the future, one of the biggest questions of this year’s Reuters Aerospace and Defense Summit was what will happen with the F-22 fighter jet that is made by Lockheed Grumman.

AUDIO – Finding value in tough times

December 16, 2008

Executives at this year’s Reuters Aerospace and Defense Summit almost uniformely said that finding critical, and rather immediate, value in mergers and acquisitions was especially important now in a climate of less money available for financing.