On this episode of the Business Podcast, sponsored by Bell, our guests are “Rocket Ron” Epstein, PhD, of Bank of America Merrill Lynch, Richard Aboulafia of AeroDynamic Advisory and Sash Tusa of Agency Partners.
Topics:
— Defense and aerospace stock performance on US and European markets and reaction to move by Federal Reserve to raise short-term borrowing rates by 75 basis points
— Analysis of Boeing CEO Dave Calhoun’s comments during the company’s investor day in Seattle that the jet maker won’t develop an new aircraft until the mid-2030s, citing changing nature of engine technology
— Takeaways from touring Boeing’s 737 plant in Renton, Wash., and what it says about state of supply chain and inventory management
— Beijing’s messaging as German Chancellor Olaf Scholtz leads large trade delegation to China as orders placed for Airbus jets and China Southern takes 737 Max out of service, after recently returning it to service
— What to expect from this year’s Zhuhai Airshow
— Investor reaction to pointed comments by Adm. Chas Richard, the commander of US Strategic Command, at the Naval Submarine League’s annual conference that America has to boost its capabilities to continue deterring an every more capable China
— Australia’s decision to order the C-130J, ensuring robust production of Hercules
— Sweden’s complaints about NH90 helicopter and what it means for Airbus’ performance on that and the Tiger attack helicopter programs
— A service-by-service look at UK defense as government-wide spending cuts are imposed that make 3 percent of GDP for military spending an “aspiration” until later this decade
— Latest trends in Ukraine’s drive to retake territory occupied by Russia as Moscow pounds Ukrainian power, water and heating grids
— European support for Ukraine as White House urges Kyiv to be open to negotiations with Russia
— Spending outlook in the wake of US midterm elections that are expected to return the House and Senate to Republican control
