TRIMBLE: In the FY09 budget, it was set in a bill that wasn't necessarily an appropriations bill, and some people said that that's still in play and could be changed by the new administration after they come in. How much do you risk do you see in 09 and 10 especially, but even in 09, to the defense budget in the
CHADWICK: I'm not a politician, but just from history I would surmise that while they'll come in, whoever the new administration is, and look at the 09 bill and the 2010 POM -- it's just huge. The budget is huge. So I think the change will be minimal. I think there will be change, and your guess is as good as mine with what they do.
You've seen the current administration has left some difficult decisions for the next administration, on F-22 and C-17, so we're going to wait and see as well. And we're prepared to engage as asked to defend our programs with our customers. I don't think there will be major changes, but I think there will be some changes because they just can't get through it all. So they'll have certain programs that will align with their defense strategy and that's where I think you'll see some change.
Chadwick also isn't overly worried about the global financial crisis causing delays for key international arms purchases.
I think, for some of these countries that have really spent a lot of time over the last 5 or 10 years to really strengthen their economies, -- like Brazil, like Denmark, like the UK, even though we're all going to be hit, like Australia -- I don't think you'll see a substantive change in terms of where they go from defense procurement. Some of these other countries may delay them, but we don't see a huge effect.
You know, you look at Japan F-X and that [delay] has nothing to do with the financial challenges. They're still just working through some political change, and we just have to be patient and see where it goes.
Note that he didn't put India in the category of non-affected countries.