On this Washington Roundtable episode of the Defense & Aerospace Report Podcast, sponsored by Bell, we look ahead to 2021 with “Rocket Ron” Epstein, PhD, of Bank of America Merrill Lynch, Richard Aboulafia of the Teal Group consultancy and Sash Tusa of Agency Partners.
Topics:
— Defense and aerospace stock performance on Wall Street as investors worry about inflation in the wake of President Biden’s $1.9 trillion coronavirus stimulus package
— Commercial air travel outlook as public health officials worry rush to normalcy could trigger another covid wave
— Outlook for air carriers as British Airways’ parent IAG posts $10 billion 2020 loss
— Safran 2020 earnings and Rolls-Royce update
— Latest on Boeing’s 787 challenges as company works to return 737 Max to service and 777 with Pratt & Whitney 4000-112 engines are inspected
— Biden administration’s tough line on China including willingness to continue the investment ban instituted by the Trump administration to punish Beijing for violating international trade rules
— Admission by Berkshire Hathaway’s Warren Buffett that he overpaid for Precision Cast Parts, buying the company for $32 billion in 2016 and posting $10 billion loss
— Growing consensus that USAF F-35A Lighting II buy will be closer to 1,200 than more than 1,700
