On today’s program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners discusses defense industry stock valuations and factors that would change investor sentiment, the prospect that Senate Armed Services Committee Ranking Member Sen. Roger Wicker’s proposed defense spending increase will become reality, the need for a broader national strategy to deter China and Russia, the role of more targeted economic warfare in the wake of the White House’s Daleep Singh’s comments last week at the Brookings Institution, more analysis if what former President Trump’s reelection might mean in 2025-2028 as well as impact his conviction on felony charges will mean for the election, what to expect from the upcoming Eurosatory land warfare exhibition in Paris and Berlin Air Show, and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.