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 an up week on Wall Street on the Supreme Court’s decision that some of President Trump’s tariffs under the International Emergency Economic Powers Act were illegal; what’s next for nearly $200 billion in tariff revenue collected over the past year as the president imposes new tariffs under other legislation; US threat of retaliation if Europe shifts away from buying American systems in favor of domestic weaponry; India’s Rafale order including 31 naval variants of the Dassault fighter; Canada’s new National Defense Strategy; Northrop Grumman partnership with Embraer to help market the KC-390 tanker-transport in the United States; impact on Leonardo’s C-27 production line after Saudi Arabia’s ordered for four of the transports in a maritime patrol configuration for delivery in 2029; Airbus earnings including frustrations with Pratt & Whitney; and BAE Systems’ investors call.

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 had it’s worst week since November on a tech selloff even as new federal data showed lower than expected inflation and better than expected jobs growth; despite tensions with Washington, Ottawa put a down payment on the next 14 F-35 Lightning II fighters on top of the 16 jets on order as Prime Minister Mark Carney seeks alternative options; as the Munich Security Conference convenes French President Emmanuel Macron calls for Europe to become more globally competitive, British Prime Minister Sir Kier Starmer seeks a multinational defense initiative with Europe and German Chancellor Friedrich Merz explores joining France’s nuclear deterrent; Macron works to savage the Franco-German SCAF program by convincing Dassault to be more accommodating as Germany’s aerospace industries association BDLI hopes two versions of a common SCAF can be built — one for Germany, the other for France; importance of defending commercial airports from drones; India’s HAL out of the fighter business save for the Light Combat Aircraft; and takeaways from Saudi Arabia’s World Defense Show.

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 an rocky week on Wall Street; the Trump administration’s $12 billion “Project Vault” effort to create a strategic minerals stockpile to reduce dependence on China; Defense Secretary Pete Hegseth’s list of poorly performing defense contractors; the administration charters Erebor Bank with $635 million in capital to support defense and tech startups; RTX agrees to the Pentagon’s seven-year deal to invest its own money to boost increase Tomahawk cruise missile output from 60 per year today to 1,000 a year, triple the SM-6 air defense and strike missile production to 500 weapons, and AMRAAM air-to-air missile rates from 1200 to 1900 annually; Russia’s efforts to shadow European satellites; takeaways from the Singapore airshow including Airbus and the Singapore Air Force receive the first automatic air-to-air refueling certification for the A330 Multirole Tanker Transport aircraft, Singapore to buy four P-8 Poseidon maritime patrol aircraft, Indonesia buys M346 trainers but it’s fighter modernization is uncertain, and Uzbekistan orders Embraer’s KC-390; Boeing consolidates 787 jetliner work in South Carolina, moving 300 jobs from Washington the the palmetto state; and Democratic lawmakers want an investigation into SpaceX’s links with China.

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 a down week on Wall Street; President Trump’s selection of Kevin Warsh to replace Jay Powell as the Federal Reserve chairman; after two decades of negotiations, the EU and India strike a trade deal that encompasses some 2 billion people; after threatening Canada with 100 percent tariffs if it makes a deal with China, Trump warned Britain against drawing close to Beijing as Prime Minister Sir Keir Starmer visited the Chinese capital to reset relations and boost trade ties; the president’s call to decertify the Bombardier Global Express business jet and impose a 50 percent tariff on the planes after falsely accusing Ottawa of failing to certify US-made Gulfstream aircraft; the new Dutch government’s “freedom tax” to boost defense spending; France rejects Eutelsat’s planned sale of its ground antennae business to the private equity firm EQT as Paris tells government employees to stop using Zoom in favor of European systems; French IT firm CapGemini’s decision to sell its US unit — CapGemini Government Solutions — for working for ICE and a lack of transparency into the American subsidiary’s operations; Boeing, Crane, Hexcel, L3Harris, Northrop Grumman, and Textron report earnings; and Boeing reveals another $600 million charge on its KC-46 Pegasus tanker aircraft for the US Air Force.

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 a roller coaster week on Wall Street that saw a drop after President Trump’s threat to launch a trade war against Europe to acquire Greenland and a rebound after he said he would neither attack Greenland nor impose tariffs to get it but instead opt for a “framework” deal to bolster Arctic security; after Canadian Prime Minister Mark Carney said the rules-based world order guaranteed by America is over and it’s time to plan for what’s next, the president said he would impose a 100 percent tariff on all Canadian goods if “Governor Carney” strikes a trade deal with China; Danes vow to boycott American products as France turns to industrial giants like Renault to bolster drone production as Paris plans a $40 billion boost in defense spending; Sweden’s leading pension fund pares down US treasuries from $8.8 billion to $7.7 billion during 2025 on worries about American political risk and whether other nations will follow suit given Washington’s dependence on borrowing to make fiscal ends meet; the Pentagon’s new National Defense Strategy; Congress’ $838 billion appropriations measure that boosts defense spending by $8.4 billion including some $900 million for the Navy’s FA-XX future fighter and demand for greater transparency into the Golden Dome missile defense system; India inches closer to a deal with Dassault for 114 Rafale fighters; Babcock and QinetiQ issue trading statements; and leading firms like GE Aerospace, Teledyne, and others report earnings.

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 bumpy week on weaker than expected bank results and investor worries about private credit and tech markets; the Trump administration’s investigation into Federal Reserved Chairman Jay Powell; President Trump’s imposition of 10 percent tariffs on the eight nations that sent troops to Greenland at Denmark’s request on a training exercise as he continues to demand the US acquire Greenland, prompting nation to consider activating the European Union’s trade bazooka that wasn’t used during last year’s tariff talks; what happens if Washington escalates by degrading or incapacitating US-made hardware now in NATO service to prevent European nations from responding to Greenland, and what capabilities Europe would have at its disposal to defend itself against Russia and other threats if American equipment is rendered inoperative; the EU’s trade deal with South American Mercosur nations creating a free trade zone of more than 700 million people; under pressure from Washington, Canadian Prime Minister Mark Carney visits Beijing to strike an “strategic partnership” as other European leaders visit China to advance their trade interests; frustrated with France and Dassault, Germany decides to leave the SCAF program to develop a new generation of manned and unmanned combat aircraft as Airbus considers next steps with in partnership with Saab or find a way to join the British-Italian-Japanese Global Combat Air Program; the Pentagon’s $1 billion investment in L3Harris Technologies’ new missile solutions business and its solid rocket motor capabilities, clearing the way for a direct US government investment across supply chains deemed critical; and Boeing ended 2025 scoring more orders than Airbus and delivering 600 jets, short of the European firm’s 793.

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 Wall Street’s strong start to 2026 although President Trump’s executive order on dividends, share buybacks and executive compensation hit defense stocks before they rebounded on the president’s announcement that US defense spending would increase 50 percent to $1.5 trillion; Lockheed Martin’s tentative agreement with the Pentagon to invest billions to dramatically ramp Patriot missile production as Trump criticizes RTX for not reportedly making a similar deal; Britain and France commit to supporting Ukraine with troops to enforce a ceasefire as Russia fires a conventional version of its nuclear-capable Oreshnik missile into Western Ukraine; implications of US rhetoric to use force to take Greenland from Denmark in the wake of the US operation in Venezuela despite Secretary of State Marco Rubio telling US lawmakers that America wants to buy the world’s largest island from Copenhagen; Washington approved the sake of P-8 anti-submarine aircraft to Denmark as France makes good on its pledge to replace aging American radar planes with new Swedish ones, Austria turns to Italy for new trainers, and Israel expands its F-15 fleet with new EX jets from Boeing; Alaska Airlines orders 110 Boeing 737 Max jetliners including Max 10 jets — the largest model of the popular aircraft — that were just cleared by the Federal Aviation Administration to move into the second phase of certification; US operations in Venezuela and seizing the country’s sanctioned shadow tanker fleet illustrates the continuing utility of manned military rotorcraft; and takeaways from Bank of America’s annual defense and aerospace conference.

On this week’s Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, Sash Tusa of Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss the a strong 2025 on Wall Street and what it means for the coming year; the implications of the Trump administration’s ouster of Venezuelan strongman Nicholas Maduro; stalled talks to end the Ukraine war as the conflict rages on; commercial aircraft production as Boeing delivered 493 jets and Airbus delivered 793; a look ahead to the big defense and airspace stories of 2026; and what to expect at Bank of America’s annual defense and aerospace conference this year in New York.

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 the week — and the year — on markets as AI, aerospace and defense spending drive investors; the $901 billion National Defense Authorization Act; European governments’ two-year, $105 billion interest-free loan to help Ukraine keep fighting Russian aggression as Vladimir Putin makes clear he’s not interested in compromise and amps up his muscular rhetoric; the future of the SCAF program as French President Emmanuel Macron and German Chancellor Friedrich Merz meet to decide the future of the program to develop new manned and unmanned combat aircraft; the US Navy’s decision to ask HII to build by 2028 a naval variant of the company’s successful National Security Cutter developed for the Coast Guard to demonstrate the new ship, then competitively contract yards to mass produce it; Boeing asks the Federal Aviation Administration for an emissions waiver to continue building existing 777 freighters after 2028 given a compliant version of the plane won’t be ready until after the deadline; the US government’s admission of responsibility in the deadly crash between a US Air jetliner and a US Army helicopter that killed 67 in January over the Potomac River off Reagan Washington National Airport; and a review of the big stories of 2025.