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.