The Fed lending rate reduction was nice, but is it enough pressure on investors to empty their money market accounts and invest in space companies, even if it’s answering a defense-related demand signal? Laura Winter speaks with The DownLink regulars, Chris Quilty, Founder of Quilty Space; and George Pullen, Chief Economist at Milky Way Economy.
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 Wall Street ends on a high on stronger than expected US jobs growth, French Prime Minister Emmanuel Macron tells US financiers how grave the country’s financial situation is, Xi Jinping announces a major government stimulus plan as the People’s Republic of China celebrates its 75th anniversary, Boeing’s strike continues as the company’s management considers the scope of an equity raise and questions arise about the valuation of the planned acquisition of Spirit AeroSystems, and as Iran strikes Israel with history’s largest ballistic missile attack, some thoughts on the economics of air and missile defense.
Welcome to the CavasShips Podcast with Christopher P. Cavas and Chris Servello…a weekly podcast looking at naval and maritime events and issues of the day – in the US, across the seas and around the world. This week…the commercial ship repair business is a major key to keeping the US Navy’s ships in fighting trim but – like just about everything — it is rife with problems and issues. Paul Smith, head of ship repair at one of the Navy’s largest commercial repair yards, BAE Systems, is back with us to key in on the difficulties and issues surrounding the repair of US Navy ships.
Please send us feedback by DM’ing @CavasShips or @CSSProvision or you can email chriscavas@gmail.com or cservello@defaeroreport.com.
On this week’s Defense & Aerospace Report Washington Roundtable, sponsored in part by Hanwha Defense USA, Dr. Patrick Cronin of the Hudson Institute think tank, Cavas Ships co-host Chris Servello, and Pentagon Europe chief Jim Townsend of the Center for a New American Security join Defense & Aerospace Report Editor Vago Muradian to discuss the US presidential race enters its last month as a devastating hurricane and growing unrest in the Middle East could decide who ends up in the White House, Israel killed Hezbollah leader Hassan Nasrallah and Iran retaliates with a massive ballistic missile barrage, Jerusalem vows retaliation and President Biden confirms strikes on Iran’s energy facilities have been discussed in a move that sends oil prices soaring, former Dutch Prime Minister Mark Rutte succeeds Jens Stoltenberg as NATO’s new secretary general, Ukraine retreats from Vuledhar as Russia’s strategy of throwing of men and weapons into fight helps gain ground in Donbas, the People’s Republic of China celebrates its 75th anniversary by dialing up coercion in the South China Sea, and Shigeru Ishiba succeed Fumio Kishida as Japan’s 65th prime minister.
If it goes up in the air and especially if it goes fast, former Director of Defense Research and Engineering and Air Force chief scientist Dr. Mark Lewis has been deep in the details. He joins us to update the latest technologies on and coming to the battlefield, including a great primer on hypersonics. And we have this week’s headlines in airpower. Powered by GE!
Mike Smith, the president and CEO of Hanwha Defense USA, joins Defense & Aerospace Report Editor Vago Muradian to discuss the company’s sweep of products, approach to expanding in the US market, it’s investment strategy for growth including $100 million acquisition of a Philadelphia shipyard, key to driving innovation the innovation and capacity gains the Pentagon seeks, lessons from his tenure at BAE Systems on growing a US subsidiary of a foreign company in the United States, where he expects from the company in 10 years and at the Association of the United States Army’s upcoming conference and tradeshow.
Dan Tenney, the vice president for strategy and business development at Lockheed Martin Rotary and Mission Systems, joins Defense & Aerospace Report Editor Vago Muradian to discuss lessons from the Ukraine war that are shaping his $16 billion enterprise; the capabilities the US Army needs to counter China, Russia and other threats; the keys to scaling hardware and software; supporting to nations increasingly seeking sovereign capabilities; competing in a market where the Pentagon is increasingly rewarding innovative firms that invest to more economically develop products that address military needs; and whether DoD clearly understands the big problems it needs to solve.
On today’s program, sponsored by HII, Dr. Dov Zakheim of the Center for Strategic and International Studies discusses what’s next now that Israel has killed Hezbollah leader Hassan Nasrallah and other of the Lebanese Shia militia’s top commanders as well as truck Houthi targets in Yemen; how the moves could help deter Tehran from further provocations; and challenges associated with impending Israeli ground operations in Southern Lebanon; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the broader investment implications of continuing unrest in the Middle East; broader geoeconomic and geopolitical takeaways from the Atlantic Council’s GeoEconomics Forum in New York last week, including Russia’s improving if more expensive defense capabilities and that the US-China relationship is “stabilizing,” and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.
This episode was recorded before a live audience at the Space Information Sharing and Analysis Center’s Value of Space Summit, convened in Colorado Springs, Colorado. The discussion focuses on threat trends, the lack of insurance cover for certain types of attacks; and how to better secure the value of space systems. Laura Winter speaks with Chris Kunstadter, President at Triton Space; Tomas Peña, Chief Technologist for Cyber Operations at L3Harris Technologies; and Sam Visner, the Space-ISAC Chairman.
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 discuss Wall Street sets another record on sinking inflation and more Fed rate cuts; Boeing’s strike continues as questions arise about CEO Kelly Ortberg’s leadership; the National Transportation Safety Board recommends action on Boeing 737 jetliners after a recent rudder incident on a United Airlines flight; HII’s Newport News Shipbuilding discovered and reported to the Navy that one of its workers had “knowingly” made defective welds in submarines and aircraft carriers, although not in critical areas; suddenly blended-wing-body aircraft have become all the rage as the COP29 climate summit prepares to convene Nov. 11-22 in Azerbaijan; President Biden’s denial of permission for Western nations to allow Ukraine to use donated weapons against Russia; budget challenges across Europe; and a far right win in Austria.