Tom Captain: Worldwide military spending and its impact on contractors

Tom Captain, vice chairman, Deloitte

Commodities, the stock market and the Chinese economy might all be stalling. But there is one bright spot — worldwide military spending. U.S. defense spending is leading the way, but it's not alone. Budgets are rising in several other major countries too. It's all detailed in a survey just released by Deloitte. Tom Captain, vice chairman and U.S. and Global Aerospace and Defense sector leader at Deloitte, Joined Federal Drive with Tom Temin with some of the numbers and what they mean to contractors.