New videos raise questions about military UFO encounters

NBC’s Gadi Schwartz joins ’The News with Shepard Smith’ to report new videos from the U.S. military that raise questions about UFOs. For access to live and exclusive video from CNBC subscribe to CNBC PRO: When it comes to UFOs, or what the Pentagon refers to as “unidentified aerial phenomena,” the United States has “a massive intelligence failure on its hands,” said Christopher Mellon, a former deputy assistant secretary of defense for intelligence. “It’s extremely disturbing to think that, after spending hundreds of billions of dollars for so many years, and believing our airspace to be secure, in fact, we’ve had vehicles operating restricted military airspace with impunity on a recurring and sustained basis for many years,” said Mellon, who served under Presidents Bill Clinton and George W. Bush. The Pentagon declassified three videos taken by U.S. Navy pilots last April which show unidentified objects flying at high speeds in the Earth’s atmosphere along with audio of Navy pilots