I'm proud to represent the thousands of shipbuilders who manufacture the largest and most complicated items on the Planet Earth.

The only way we're going to protect our future is to invest and protect that core capability.

we're essentially building prototypes.

I think it's important that we do it.

let's take more risks in science and technology before we get into acquisition.

It's okay to take a risk, and here's how we're going to do it.

I agree that there's very systemic issues that are demonstrated that we need to tackle them.

I love the 'try it and buy it.' For some weapon systems, that's really what you do.

It is amazing that we would have less regulation for these kinds of pension transactions than we would for insurance.

I wish to put on the record, the IRS was extraordinarily cooperative in coming up with a payment plan that was not a burden to us.

I think the thing that is so disturbing to me in the military area is that these thieves are stealing what are essentially tax dollars that are being paid on pensions, stealing them from veterans who have served their country.

This is, sadly, eye opening, and especially the specter of ads targeting veterans with sort of flag waving...

That, to me, raises some questions about if we are going to be prophylactic going forward.

I want to also thank you for holding this hearing and echo what you said about Senator Vitter.

I am curious to learn more about the fact that different types of securities, cash, CDs, others, seem to have different levels of protection.

Clearly, this is unsustainable.

I think there is a tendency to think that managers can just have a broader understanding, but our research indicates that that is not the case.

While I find these theoretical discussions interesting, the people of Puerto Rico need practical solutions.