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 has a strong week as Donald Trump prepares to return to the White House; with no debt ceiling increase the US Treasury starts extraordinary measures to stretch resources until Congress makes a deal to avoid default; defense outlays hit an all-time high with a nearly 10 percent year-over-year increase and prominent GOP lawmakers press for a $100-$200 billion increase in Pentagon spending; the Aerospace Industries Association expresses openness to working with the new administration on selective tariffs to redress trade inequities; Anduril picks Columbus, Ohio, for its new 5 million square foot “Arsenal 1” facility that will employ 4,000; some positive 737, 787 and 777X news for Boeing; and the number of parked narrow-body jetliners grows as cargo drops, but sidelined planes with Pratt & Whitney’s geared turbofan engines declines.

On this week’s Defense & Aerospace Report Washington Roundtable, 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 Senate confirmation of President-elect Trump’s cabinet appointments including Pete Hegseth as defense secretary, Marco Rubio as Secretary of State and Tulsi Gabbard as director of national intelligence as Congress weighs appropriations, a reconciliation package and a debt ceiling increase; covering California wildfire costs; Israel and Hamas agree to a ceasefire that will see several hundred Palestinian prisoners traded from 33 Israeli hostages, half of whom are dead; why Republicans forced the resignation of Lockheed Martin’s widely respected head of government affairs; Ukraine war update and what’s next as Trump returns to office; Trump and Xi Jingping talk by phone before the inauguration; the revelation of Beijing’s new amphibious capabilities as Chinese planes and ships encircle Taiwan; the South Korea’s impeached President Yeon Suk Yeol detention; and President Biden’s legacy as he ends decades of service in elected office including his farewell remarks that warned of a “tech industrial complex” led by unaccountable billionaire oligarchs and undermines democracy.

We continue looking ahead to airpower issues in the coming year with Dr. Stacie Pettyjohn, Director of the Defense Program at the Center for a New American Security. And we have your airpower headlines. Powered by GE!

On this month’s innovation conversation to highlight key topics in the countdown to the Apex technology and innovation conference this April in Washington, sponsored by Clarion Defence, Bryan Clark, the director of the Center for Defense Concepts and Technology at the Hudson Institute think tank, joins Defense & Aerospace Report Editor Vago Muradian to discuss his new report — Winning the Fight for Sensing and Sensemaking  — why DoD needs a strategy to degrade China’s sensing as well as command and control; how China’s seabed to cislunar sensing networks compare to US capabilities; vulnerabilities of China’s networks compared to those of the United States; how the Pentagon should connect a counter-sensing and network disruption strategy with kinetic effects; the logic of being able to counter China’s sensing and sensemaking capabilities in peacetime; progress report on US efforts to counter China’s C5ISR capabilities; scaling cyber and electronic warfare capabilities and encourage new defense economy firms to the segment; and an update on planning for the Apex innovation conference. To learn more about the Apex conference, sponsorship and attendance opportunities please visit apexdefense.org

Paul Lemmo, the vice president of Lockheed Martin’s Integrated Warfare Systems and Sensors unit, joins Defense & Aerospace Report Editor Vago Muradian to discuss how the company in two years went from contract signing to a successful live exo-atmospheric intercept of a medium-range ballistic missile target for the Aegis Guam System that’s key for the defense of the key Pacific island; the key to delivering capabilities at speed, whether testing new missile defenses or new frigates; his unit’s role in developing radar and combat systems for Australian, Canadian and Spanish warship programs; global growth prospects while navigating trade and security challenges as a new administration takes office; partnering with suppliers to ensure access to systems and components vital to keeping programs on schedule; recruiting and retaining top talent in a competitive market; lessons from the US Army’s Future Vertical Lift program that demanded competitors share development costs; and his company’s unique ability to integrate complex sensor, combat and weapon systems.

On today’s program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss the economic and geopolitical implications President-elect Trump’s comments on tariffs as well as the Panama Canal, Greenland and Canada; whether the comments will fuel higher inflation that will have to be factored into defense planning; Pentagon budget outlook as the outgoing Biden administration is reported to expected to ask for $1 trillion in 2026; cost of massive California wildfires and other climate-related disasters on federal spending; confirmation outlook for Trump’s nominees including Pete Hegseth as defense secretary as Senate hearings begin; takeaways from Israel’s Nagel Report that identifies Turkey as a threat and urges Jerusalem to reduce reliance on US as a security partner after a second Trump administration; BWXT’s acquisition of Kinectrics; what to expect at the Surface Navy Association’s conference and tradeshow; and a look at the week ahead.

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 broadly down market on another strong US jobs report and growing concerns of more economic and geopolitical turmoil after Donald Trump returns to the White House whether imposition of tariffs or military action to take Greenland and the Panama Canal; Airbus CEO Guillaume Faury warns European governments to prepare for “pronounced” and “very strong” tariffs from Washington as the jet maker promises production next year will hit the stunning pre-covid mark of 862 jets in 2019; how trade wars could complicate globalized commercial and military aircraft production likes whether jetliners or Lockheed Martin’s F-35 Lightning II fighters; whether for France’s new finance minister works to develop a budget that helps neither far left or hard right as Britain bond market becomes reminiscent of the 1970s; America’s out-going ambassador to Japan Rahm Emmanuel says share buybacks by US companies causes a bigger threat than China; Lockheed’s new Astris AI unit to help commercialize the defense giant’s AI technology; and takeaways from Bank of America’s annual defense and aerospace conference that we’ve been proud to be partnered on for the past 17 years.

On this week’s Defense & Aerospace Report Washington Roundtable, Dr. Patrick Cronin of the Hudson Institute think tank, Michael Herson of American Defense International, former Pentagon comptroller Dr. Dov Zakheim of the Center for Strategic and International Studies, and Cavas Ships Podcast co-host Chris Servello join Defense & Aerospace Report Editor Vago Muradian to discuss House Speaker Mike Johnson’s narrow reelection; status of reconciliation, appropriations and debt measures; new House and Senate defense committee assignments; President-elect Trump’s statement that he wouldn’t rule our force to take Greenland and the Panama Canal, and rename the Gulf of Mexico, and the message his comments and actions by lawmakers send allies and adversaries; implications of Trump’s willingness to resolve the Ukraine war over the coming six months rather than the day he retakes office; the latest disinformation lessons from unprecedented wildfires in California; top Biden officials travel to South Korea, India and Ukraine; Lebanon’s new government; Israel’s new strategy that labels Turkey an enemy and plans to reduce dependence on America after Trump’s term ends; and President Jimmy Carter’s lifetime of service.

We begin our look at the major airpower issues in the year ahead, and China’s Boxing Day surprise, with Lieutenant General Dave Deptula, Dean of the Mitchell Institute for Aerospace Studies. And we have a lot – a whole lot – of headlines in airpower.

We begin our look at the major airpower issues in the year ahead, and China’s Boxing Day surprise, with Lieutenant General Dave Deptula, Dean of the Mitchell Institute for Aerospace Studies. And we have a lot – a whole lot – of headlines in airpower.