On this week’s Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss a record week on Wall Street as stocks soared and energy prices plunged after Iran said it would open the Strait of Hormuz, but prices increased sharply over the weekend announced the closure of the strait to protest Washington’s blockade despite a ceasefire agreement; President Trump’s threat to resume strikes unless a deal is reached; impact of jet fuel prices on air carriers cut flights; implications of a merger between United and American air lines and whether regulators would approve the creation of the world’s largest air carrier that would also control half of domestic air travel; takeaways from the National Space Symposium; look ahead to the administration’s 2027 defense budget submission to Congress on Wednesday; Peter Magyar’s election as Hungary’s next prime minister; former NATO Secretary General Lord George Robertson’s stark warning about the perilous state of Britain’s defenses; Italy’s decision to suspend defense cooperation with Israel; and the US Army’s decision to name Bell’s new MV-75 the Cheyenne II.
