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 flat week on Wall Street as Israel attacked Iran vowing to destroy Tehran’s nuclear program and Tehran responded with large-scale missile barrages on the Jewish state; analysis of a sophisticated attack that included stealth, conventional and unmanned aircraft including modifications to the F-35 Lighting II fighter than increased the jet’s range, eliminating the need for aerial refueling; US and Chinese negotiators agree to give American industry access to China’s critically important rare earths in exchange Washington capping tariffs at 55 percent; an Air India 787 jetliner crashed killing 241 of the passengers onboard — one passenger survived — as well as 33 on the ground, a tragedy that changed the dynamics at the Paris Air Show that convenes tomorrow at the legendary Le Bourget airfield outside the French capital; the Pentagon is reviewing the agreement among Australia, the United Kingdom and the United States to develop nuclear powered attack submarines; and what to expect at this year’s Paris Air 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 up week on Wall Street as the relationship between Donald Trump and Elon Musk ended acrimoniously after the world’s richest man blasted the president’s big beautiful bill of legislative priorities, vowing to use the fortune he used to help Trump get elected to punish lawmakers who voted for it as president in turn vowed to punish Musk through his government contracts and other means if he does so; the outlook for SpaceX and the so-called Department of Government Efficiency in the wake of the breakup; the Senate Armed Services Committee’s markup of the reconciliation measure that includes big news for military programs; the doubling of steel and aluminum tariffs to 50 percent; new regulations on unmanned systems and supersonic flight over the United States; Britain’s most consequential Strategic Defence Review in decades that pledges higher defense spending to boost nuclear capabilities, attack subs, combat aviation, ground and joint warfighting; French concerns that high debt will curb more military spending; and Chinese efforts to curry favor with Europe with preferential access to rare earth elements and ordering hundreds of new Airbus jetliners.