On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss what’s next as Washington and Tehran appear on the verge of a ceasefire deal; energy price impact given disruption to global energy flows and facilities; prospect US industry will get contracts to help rebuild Iran; analysis of the House Armed Services Committee chairman’s markup for the Trump administration’s proposed $1.15 trillion 2027 defense spending request; outlook for passage of the budget, Reconciliation 3.0 and an Iran war supplemental; SpaceX’s initial public offering that’s expected to hit a record valuation of $1.8 trillion; and a look at the week ahead in Washington and beyond.

On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss the outlook for the latest round of talks between Washington and Tehran as US forces strike Iranian bases accused of threatening American warships and aircraft; the prospect of a US credibility gap and what it means; Washington’s plans for Cuba and why they’re immaterial; GOP senators rebel against President Trump’s compensation fund for allies and White House ballroom plans, jeopardizing reconciliation funding for the Department of Homeland Security and the Pentagon; themes from last week’s congressional hearings; and a look at the week ahead in Washington and beyond.

Dr. Sampriti Bhattacharyya, the founder and CEO of Navier — an innovative company that’s developed scalable, hybrid-electric hydrofoil technologies to for faster and more efficient commercial or military vessels — joins Defense & Aerospace Report Editor Vago Muradian to discuss the technology and how it can revolutionize military and commercial maritime operations; the importance of hybrid-electric propulsion especially to stealthy applications; learning lessons from past programs to craft better future solutions; access to capital in a competitive innovation market; doing business with the Pentagon as it seeks to change what it buys and how; and how best to create an innovative national technological ecosystem.

On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss the drop in European defense stock prices on investor perceptions that the Ukraine war is ending, mitigating the need for European military modernization, despite the ongoing war and the continuing threat posed by Russia; US defense budget outlook as Senate and House conduct hearings as lawmakers plot a third reconciliation package to bolster spending; bipartisan skepticism about the cost of the Iran war and future impact on operations and maintenance in the wake of the conflict; a look at the Defense Autonomous Working Group fund; President Trump shifts on Taiwan in the wake of summit with Xi Jinping in Beijing during which the Chinese leader made clear his focus on absorbing the island democracy and the US leader sees an opportunity to realize his “grand bargain” between the world’s leading economies and military powers; and a look at the week ahead in Washington and beyond.

On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss why the end of the Iran war would be good news for the US defense industry; what to expect the upcoming summit between President Trump and China’s Xi Jinping; how nations worldwide are realigning defense purchases to reduce their dependence on US suppliers without alarming Washington; US defense budget deliberations as lawmakers return to the Capitol; what happens if Democrats won’t retake the House or Senate; Defense Secretary Pete Hegseth’s video lambasting heritage contractors while touting commercial and fixed-price contract terms as outlined by the president’s recent executive order; first quarter earnings thoughts; and a look at the week ahead in Washington and beyond.

Justin Sherman, the founder of Global Cyber Strategies, a nonresident senior fellow at the Atlantic Council’s Cyber Statecraft Initiative, and the author of the book “Navigating Technology and National Security” joins Defense & Aerospace Report Editor Vago Muradian to discuss the cyber aspects of the Trump administration’s 2027 federal spending request, changes lawmakers should consider to improve cyber security, impact of new AI models like Anthropic’s Mythos on improving cyber defenses, the administration’s interest in testing AI models before their release and how such tests should be conducted, and growing role of AI in warfare and the government’s oversight over contractors during military operations.

On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss Iran war scenarios as President Trumps says US forces will escort neutral ships through the Strait of Hormuz as Tehran warns it will fire on ships that transit the waterway without permission; the latest rupture between the United States and its European allies after the administration announced it would withdraw 5,000 troops from Germany, leaving 30,000 in the nation; the Pentagon’s warning to allies in Europe and Asia to expect long delays in filling arms orders as new production is redirected to fill depleted US stocks and decision to “fast track” $8 billion in weapons to Gulf allies including $4 billion in Patriot missiles to Qatar; whether delays in US delivers will give opportunities to other European suppliers, Ukraine and South Korea; the president’s fixed-price contracting executive order; defense budget update as lawmakers express reservations about Reconciliation 2.0; the Pentagon’s $54 billion Defense Autonomous Warfare Group funding block; takeaways from Modern Day Marine; and a look at the week ahead in Washington and beyond.

The Defense & Aerospace Report Team — Laura Winter of The DownLink, Cavas Ships Podcast cohosts Chris Cavas and Chris Servello, and Air Power Podcast co-host JJ Gertler join Editor Vago Muradian to discuss the air, land, sea and space elements of the Trump administration’s defense budget request across its $1.15 trillion base budget, $350 billion “Reconciliation 2.0” plan, and as-yet-undisclosed Iran war supplemental.

On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss the continuing US-Israel war on Iran despite a lull in shooting; diminishing US offensive and defensive precision weapons stocks and how they might shape American deterrence in the Indo-Pacific and elsewhere; economic factors that could drive even rich nations to redirect spending from military programs; the continuing global defense realignment as nations work to forge new partnerships to reduce reliance on the United States; takeaways from the Trump administration’s 2027 base budget request and prospects for Reconciliation 2.0; a look earnings as Boeing, CACI, GE Aerospace, Hexcel, Honeywell, Lockheed Martin, Northrop Grumman, RTX, Saab, Teledyne and Thales all report; market impact in the wake of the latest instance of American political violence as a shooter tries to break into the White House Correspondents Dinner in Washington; and a look at the week ahead in Washington and beyond.