On this week’s Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss Wall Street’s down week on uncertainty on tech shares after NVIDIA CEO Jensen Huang was fired for inappropriate relationships; lawmakers work to approve a federal budget as funding to keep the government open runs out Dec 11 as the incoming chairman of the House Armed Services Committee, Washington Democrat Adam Smith, says $1.15 trillion for defense is too much; the FAA’s first ground stop in more than 25 years that disrupted some 13,000 domestic and international flights after routine maintenance at a remote facility may have derailed America’s febrile air traffic control system; Boeing’s plan to cut 5 percent or 2,500 from its commercial aircraft unit as production ramp of its 737 jetliner will be slower than anticipated; European trust in the United States erodes as American negotiators efforts to entice Russia with normalization fails to move Moscow from its demand that NATO revert to its 1997 contours; SpaceX achieves a major milestone by recovering its StarShip spacecraft at its launch tower in Boca Chica, Texas; takeaways from Hensoldt’s capital markets day and an analysis of BAE Systems, Chemring, QinetiQ and Rolls-Royce; Lockheed Martin’s Sikorsky sells more Blackhawk helicopters; Greece expanded its order for ShieldAI’s V-Bat unmanned aircraft from six to 16; and the aerospace world mourns the death of longtime National Business Aviation Association CEO Ed Bolan at age 66.
