On today’s program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the latest headlines and looks at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

Bill Lynn, former deputy defense secretary and current Leonardo DRS chairman and CEO, joins Defense & Aerospace Report Editor Vago Muradian to discuss the budget outlook, growth markets in a tight budget environment, how the two presidential candidates would impact defense spending if elected, the impact of the Biden administration’s first ever defense industrial strategy, whether long-running reform efforts are changing how the Pentagon does business, how the company decides what to make in house and what to buy from suppliers as analysts suggest that vertical integration is increasingly key to accelerating programs and better controlling cost, how the Pentagon will regard industry for their investment as companies like Anduril raise private capital to develop weapons for the Pentagon, and a status report on Leonardo DRS as the second anniversary of it’s December 2022 listing approaches.

Todd Harrison of the American Enterprise Institute joins Defense & Aerospace Report Editor Vago Muradian to discuss the budget outlook as Congress prepares to return to DC early next month, the Pentagon’s innovation efforts, why vertical integration will be increasingly important for Pentagon contractors, Anduril’s growth strategy, and why former President Trump’s endorsement of a Space National Guard is a bad idea.

On today’s program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discusses his takeaways from the Democratic National Convention and compares national security messaging from both parties presidential campaigns, a growing sense that the Russo-Ukrainian war is approaching stalemate in 2025, his latest essay “The Four Rungs on the Defense Wall of Worry,” and a look at the week ahead.

James Chew, the global group director for aerospace and defense at Cadence Design Systems who also is the chair of the National Defense Industrial Association’s Science and Engineering Technology Division, joins Defense & Aerospace Report Editor Vago Muradian to discuss how DoD can better harness commercial innovation for military needs, the key to greater agility, making tradeoffs to field systems at the speed of relevance at affordable cost, impact of microelectronics investment and where else the government needs to invest to bolster US industrial capacity, and whether efforts to throttle adversary nations like China can succeed.

On today’s program, sponsored by HII, Sam Bendett of the Center for Naval Analyses and Dr. Eugene Rumer of the Carnegie Endowment for International Peace discuss Ukraine’s continuing invasion that’s seized more than 1,000 square kilometers in Russia’s Kursk region, Moscow’s inability to stop Ukraine’s advance, how Vladimir Putin will respond, and whether Kyiv’s gambit will change the vector of the conflict; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses a draft paper by Arizona State University’s Hendrik Bessembinder — Which Stocks Generated the Highest Long-Term Returns — over the past century, Rheinmetall’s proposed $950 million acquisition of Loc Performance, Boeing’s big week for F-15 fighters as well as AH-64 helicopters and E-7 radar planes, and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

On today’s program, sponsored by HII, Sam Bendett of the Center for Naval Analyses and Dr. Eugene Rumer of the Carnegie Endowment for International Peace discuss Ukraine’s offensive into Russia’s Kursk region; whether the risks of the operations are worth the rewards; how Moscow will respond; and what to expect from the Army 2024 arms show; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses takeaways from the National Defense Industrial Association’s Emerging Technologies conference last week; Anduril’s move to raise $1.5 billion for a giant new production facility for large-scale unmanned systems production; prospects for a wider regional war as Iran considering attacking Israel after Jerusalem assassinated key Hezbollah and Hamas leaders; Ukraine’s attack into Russia; polling in US presidential race and Vice President Harris’ national security stance; and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

Justin Sherman, the founder of Global Cyber Strategies advisory firm and nonresident fellow at the Atlantic Council’s Cyber Statecraft Initiative, discusses the new report he authored — “Russia’s Digital Tech Isolationism: Domestic Innovation, Digital Fragmentation, and the Kremlin’s Push to Replace Western Digital Technology” — how Moscow uses its digital technology for global advantage, impact of sanctions that have driven a rise in domestic capability and greater partnership and reliance on China, the global market for Russian and Chinese digital technologies among nations that want to operate outside US and Western sanctions, how to counter Russian dis and misinformation, and outlook for social media regulation in Washington with Defense & Aerospace Report Editor Vago Muradian.

On today’s program, sponsored by HII, Sam Bendett of the Center for Naval Analyses and Dr. Eugene Rumer of the Carnegie Endowment for International Peace discuss last week’s deal that saw Russia exchange innocent Americans and Russian activists for Russian assassins, spies and hackers, and whether the deal will prompt Moscow to take more hostages in the future; update on the Ukraine war and growing worries that Kyiv is losing the conflict and if so, what Western nations can do to change the battlefield dynamic; a new Duma law that prohibits soldiers from using their personal electronic devices on the front; and how Vice President Harris and those around her regard Russia, Ukraine and NATO; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the sharp market drop on Aug. 5, 2024, and how global worries impacted defense and aerospace equities; a look at Boeing’s results last week and news that Kelly Ortberg will succeed Dave Calhoun as the giant’s CEO; defense budget prospects as Senate appropriators cleared 11 of 12 spending bills before leaving town for August; prospect of a wider Middle East war war as Iran vows retaliation after Israel assassinated top Hezbollah and Hamas leaders, including one in Tehran; and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

Former Deputy Defense Secretary David Norquist who is now the president and CEO of the…