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 a down week on Wall Street after Treasury Secretary Scott Bessent’s effort to curb rising bond yields backfired, startling investors and driving yields up; investors warn Britain’s chancellor of the exchequer, John Healey, to limit borrowing amid a bond sell off as he prepares a new budget for release Oct 28; Iran and the United States failed to formally end hostilities as more energy makes it through the Strait of Hormuz thanks to the US Navy and payments to Tehran for safe passage; trade war between Canada and the United States with 50 percent tariffs on $20 billion in lumber and dairy products from Canada as Ottawa moves to impose reciprocal tariffs on US steel, electronics, dairy, appliances, agricultural equipment, as well as pulp and paper; India’s order for another 114 Rafale fighters from Dassault Aviation and plans to replace Hawk trainers by BAE Systems and Antonov 32 transport planes; the US Air Force award to GE Aerospace and Kratos to adapt their 800-pound thrust GEK800 jet engine for Lockheed Martin’s Joint Air-to-Surface Standoff Missile; and Boeing’s contingency plans if 17,000 of the company’s engineers and technicians who belong to the Society of Professional Engineering Employees in Aerospace ‌voted to give the union the power strike absent a deal when their contract expires Oct. 6.

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 near peak despite worse than expected unemployment figures as US Treasuries hit their highest since August 2001on debt and interest rate worries; US and Iranian forces continue to target Strait of Hormuz traffic as President Trump says US forces can maintain their blockade indefinitely — adding he’s considering making the international waterway American territory — but also warns Americans to brace for higher energy prices tops $6 per gallon for premium gas; an unprecedented European heat waves have dried up key rivers to their lowest levels since 2018, impacting trade and nuclear power generation that will undermine European economic growth this year; the Pentagon awards RTX and Boeing contracts to accelerate production of shipborne Standard air defense missiles; Trump orders the Navy to open a fifth government shipyard, acquire warships built overseas and replace the electromagnetic catapults on the Ford-class nuclear powered aircraft carriers with steam ones; M1 Flight Services beats Bell and Lockheed Martin for the US Army’s Flight School Next award that is valued at up to $10 billion over the coming 26 years; COMAC’s C919 jetliner made its first international commercial flight from Mongolia to Beijing; US investigators find that the Ryanair 737 from which a passenger was nearly sucked out of a window July 10 had suffered four bird strikes over the past year; Applied Aerospace, BETA Technologies, CAE, Elbit Systems, Embraer, Rocket Lab report earnings as GPS pioneer Magellan files chapter 11; Archer Aviation said it would buy Boeing’s electric aircraft firm Wisk ​Aero and two other units for a nearly 20 percent stake in the air-taxi maker; and PitchBook’s estimate that private equity firms are stuck with more than 33,000 companies they can’t sell at the valuations their investors expect.