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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, Michael Herson of American Defense International, former Pentagon Europe chief Jim Townsend of the Center for a New American Security, and former Pentagon comptroller Dr. Dov Zakheim of the Center for Strategic and International Studies join Defense & Aerospace Report Editor Vago Muradian to discuss Donald Trump’s top administration picks including Russ Vought at the Office of Management and Budget; Pete Hegseth’s prospects as defense secretary; whether “outsider” leaders like Steve Feinberg as deputy secretary, John Phelan as Navy secretary and Dan Driscoll as Army secretary can succeed without more traditional deputies; an update on the National Defense Authorization Act, appropriations and a continuing resolution as lawmakers map a major tax cut package; House Speaker Mike Johnson makes clear he won’t support more assistance for Ukraine as both the White House and European nations step up aid for an increasingly beleaguered Kyiv; Russia increases saberrattling with threats, exercises in the Mediterranean and Moscow’s top general calls his US counterpart for the first time in more than two years; South Kore’s President Yoon Suk Yeol comes under fire for declaring martial law; Trump’s vow to block Nippon Steel from acquiring US Steel; rebels in Syria take the country’s biggest city Aleppo and Hama as Georgia is roiled in antigovernment turmoil; Israel and Hezbollah strike a deal as operations continue in Gaza and the West Bank; and what to expect at the Reagan National Defense Forum this weekend.

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On today’s Technology Report, David Schild, the executive director of the Printed Circuit Board Association of America, discusses proposed Protecting Circuit Boards and Substrates legislation as part of the tax reconciliation package that would cut taxes on printed circuit boards and substrates by 25 percent, the case for supporting an industry that left the United States in search of lower production costs, and the association’s 2025 agenda; and Dr. Charles Middleton, the chief technology officer at Critical Frequency Design, discusses the role of photonics technologies that promise to revolutionize military communications, the company’s Free Space Optics (FSO) communications solution that was recently tested under the Naval Surface Warfare Center Crane Division’s Silent Swarm 2024 exercise, the future of the technology, and the outlook of the company as it seeks to navigate the Valley of Death with Defense & Aerospace Report Editor Vago Muradian.

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On today’s Strategy Series program, sponsored by General Atomics Aeronautical Systems, Barbara Matthews, a US Treasury Department veteran and first Treasury attache to the European Union who is the founder of BCM Strategy, discusses why the US dollar is the world’s reserve currency and the power that status confers, how the reliance on the dollar subjects the world to US laws and oversight, why allies and adversaries are interested in alternatives to the dollar that Washington has increasingly “weaponized” to influences friends and foes especially during the first Trump presidency, how the advent of new digital currencies and alternatives could undermine the power of the dollar and US influence, whether President-elect Trump’s threat to impose 100 percent tariffs on any nation that participates in a dollar alternative will stop such moves, what circumstances could drive allies to break from the dollar, and how the growing US debt and threats of default threaten the dollar with Defense & Aerospace Report Editor Vago Muradian.

DEFAERO REPORT Daily Podcast
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On today’s program, sponsored by HII, Sam Bendett of the Center for Naval Anlyses, discusses Russia’s grinding advance on Ukrainian positions in Kursk and Donbas and Luhansk, importance of Germany’s new $700 million pledge and US efforts to surge weapons to Kyiv, Vladimir Putin’s challenges as casualties mount and Russia’s economy falters, statements by leading European officials that Moscow may be behind the deadly crash of a DHL cargo plane over Lithuania, Putin’s call for a new Russian unmanned force, the unmanned air warfare lessons Syrian and other rebel groups have learned from Ukraine; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the “headline risk” that defense and aerospace firms will be subjected to in a second Trump administration whether from the president or his acolytes, impact of possible tariffs on companies in Canada and Mexico that are integral to the US aerospace and defense industrial base, what Trump’s personnel picks may mean, balancing manned and unmanned capability, the good and bad characteristics of the “tech bro” venture capital mindset, an update on the budget and appropriations as Congress returns to DC, and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

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This week China, Russia, and North Korea deepened their military bonds in exercises and meetings, presenting the incoming Trump 2.0 Administration with an illustration of how security in East Asia has become more fragile in the four years since Donald Trump was in the White House. Trump’s “America First” acolytes may find economically attractive opportunities in security burden-sharing in the space domain with South Korea. Laura Winter speaks with Sam Wilson, Director of Strategy and Program Support, and Katie Melbourne, a space security analyst, both of whom are with the Center for Space Policy and Strategy at The Aerospace Corporation.

Monday Business Report
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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 another week of gains on Wall Street, but worries mount as Donald Trump pledges to hike tariffs by 25 percent on Canada and Mexico and 10 percent on China, Elon Musk takes aim at the F-35 Lightning II fighter and argues it’s time that drones replace unmanned systems, the prospect of greater change at the Pentagon as the incoming administration taps outsiders with little defense experience for key jobs — like John Phelan, founder of the Rugger Management investment firm — as navy secretary, a Boeing 737 freighter operated by DHL crashed in Lithuania killing one and injured three as senior officials suggest Russia may be behind the incident, Emirates CEO Tim Clark expresses frustration over the five-year delay in the delivery of Boeing’s new 777X, MTU’s new 2025 guidance showing a strong engine aftermarket, takeaways from this year’s Atlantic Future Forum, and a look ahead to Safran’s capital markets day.

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On today’s Strategy Series program, sponsored by General Atomics Aeronautical Systems, Dr. Darrell Bricker, the CEO of Ipsos Public Affairs and adviser on the annual agenda of the annual Halifax International Security Forum, discusses the results of the HISF-Ipsos Threat Index derived from polling 22, 000 people in more than 30 countries; and retired US Navy Adm. Mike Rogers, a former director of the National Security Agency and commander of US Cyber Command who is now the chairman of the advisory board of cybersecurity firm Claroty, discusses China’s Salt Typhoon attack on US and allied communications systems, the cutting of a fiber-optic cable between Finland and Germany, and takeaways from this year’s Halifax Forum with Defense & Aerospace Report Editor Vago Muradian.

DEFAERO REPORT Daily Podcast
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On today’s program, sponsored by HII, Dr. Evelyn Farkas, the executive director of MccAin Institute at Arizona State University who helps pick the honoree of the annual John McCain Prize for Leadership in Public Service awarded each year at the Halifax International Security Forum, discusses takeaways from this year’s gathering, the importance of Ukrainian victory over Russia for democracies worldwide, the two leaders honored with the McCain Prize this year — Vladimir Kara Murza in 2024 for his courage against Vladimir Putin and former Taiwanese President Tsai Ing Wen in 2020 for her stance against an increasingly belligerent China — the best outcome for Ukraine as Donald Trump vows a fast end to the war, the role of American leadership and a look ahead to Halifax organizers HFX’s conference in Taipei Feb. 20-21, 2025; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the latest on the transaction to a second Trump administration including possible deputy defense secretary picks including investor Stephen Fineberg and Anduril co-founder Trae Stevens, Elon Musk’s tweet that F-35 Lighting II fighter maker Lockheed Martin are “idiots” and that more armed drones are needed in the future, how the Department of Government Efficiency will deliver savings, the importance of process reforms over merely cutting workforce, the importance of cutting cycle times in executing big projects whether building the Pentagon or designing the iPod, and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

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This week U.S. President-elect Donald Trump continued to shape his incoming government, naming cabinet nominees, including two authors of the controversial governance plan “Project 2025”, and enlisting adherents to the “America First” political philosophy. To understand how this plan, treatise, and talk of going to Mars, together will affect the space domain, Allies, partners, and adversaries, Laura Winter speaks with Namrata Goswami, an independent scholar on space policy and great power politics and co-author of the book “Scramble for the Skies: The Great Power Competition to Control the Resources of Outer Space”; Malcolm Davis, a Senior Policy Analyst at the Australian Strategic Policy Institute focusing on space policy, security, strategy, and capability development; and Hermann Ludwig Moeller, Director of the European Space Policy Institute.

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