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 up week on Wall Street as President Trump says the US-Israel war on Iran will span another few weeks with power plants and bridges to be targeted over the coming days unless Tehran opens the Strait of Hormuz; impact of rising energy and aluminum prices on commercial air travel and jetliner demand as projected capacity drops from an increase of 5.4 percent to .2 percent; nations worldwide convene diplomatic and military leaders to plan a mission to restore traffic through the strait after the shooting stops; the Trump administration seeks $1.5 billion for defense in 2027 — $1.15 billion in the base budget and the remainder from Reconciliation 2.0 — plus another $200 billion to cover war costs; analysis of “skinny” budget that includes nearly $66 billion for shipbuilding and 85 F-35 Lightning II fighters, plus a military pay raise; the White House proposes offsetting a defense increase with a 10 percent cut across social, science, environmental and other programs, expecting to raise $464 billion through new tariffs despite the Supreme Court’s recent rulings; Canada weights participation in the the Global Combat Air Program with Britain, Italy and Japan; and NASA’s Artemis II mission to return to the moon for the first time since 1972.

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 the fifth down week on Wall Street as the US-Israel war on Iran continues driving up energy prices and inflation estimates; strikes on Iran continue as Tehran attacks a key US airbase in Saudi Arabia, injuring 12 american personnel and reportedly destroying a US Air Force $500 million E-3 Airborne Warning and Control System plane and damaged others; Washington draws on weapons stocks worldwide and considers redirecting weapons bound for Ukraine and other allies to the Middle East as the CSIS think tank says US forces have launched more than 800 or some 3,100 Tomahawk cruise missiles in stock during the first month of the war; how long it will take to refill stocks even with accelerated procurement efforts and new deals with BAE Systems, Honeywell and Lockheed Martin, as RUSI says US, Israel and allies have use 11,000 precision weapons including interceptors valued at $26 billion; whether Ukraine’s air defense deals with Qatar, Saudi Arabia and the UAE can offset a critical $90 billion loan package to Kyiv that’s been stalled by Hungary; Korea Aerospace unveiled its new KF-21 fighter the company claims is a less expensive alternative to Lockheed Martin’s best selling F-35 Lightning II; Germany’s expresses interest in Boeing’s Ghost Bat unmanned aircraft developed for Australia; and Palantir and Anduril to develop software backbone for President Trump’s top-priority Golden Dome missile defense system.