Defense & Aerospace Report

We heard this week about further casualties from drone and missile attacks on US forces in the Middle East. How is the threat changing, and can we still defend ourselves as weapon inventories shrink? In this summer-weight edition, Dr. Tom Karako, Director of the Air and Missile Defense program at the Center for Strategic and International Studies, joins us with the analysis — and an update on Golden Dome. And, of course, the week’s top headlines in airpower. Powered by GE!

Illy Andrews and Dr. Justin Goldberg of Amentum join Defense & Aerospace Report Editor Vago Muradian to discuss the company’s role in UK defense as the government invests in a new generation of air, nuclear and strike technologies.

Jim Currier, the president and CEO of the Honeywell Aerospace, and Mike Vallillo, the vice president for international defense, join Defense & Aerospace Report Editor Vago Muradian to discuss the new company’s independence after its June 29 spinoff and its role in the global defense and aerospace ecosystem; how it will help deliver President Trump’s call to accelerate weapons production; managing supply chains; investing for the future, including to develop products that are immune from US export controls; and the implications of “right to repair” legislation on companies that invest to develop proprietary technologies.

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 latest headlines and looks 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 Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss another down week on Wall Street, what’s next for the Iran war and global energy prices as Washington pauses the conflict over concerns that US air defense weapon stocks are dwindling as Tehran strikes nations in the region and its Yemeni Houthi Allie’s strike Red Sea shipping to enforce their blockade; Trump administration’s use of exiting legislative authorities Including the 1930 Smoot-Hawley Tariff Act; Prime Minister Andy Burnham’s new administration; Dassault, Lockheed Martin, Northrop Grumman, RTX and Thales earnings; major defense and commercial aviation story lines at this week’s Farnborough International Airshow.

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 DoD 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 intensifying US and Iran military operations; Washington and Riyadh strike a nuclear pact; Defense Secretary Pete Hegseth testified before the Senate Appropriations Committee; update on the NDAA; Russia pounds Ukraine clouding the critically important Ukrainian port in Odessa; a week firing former Defense Minister Mykhailo Federov, Volodymyr Zelenskyy has fired his chief of defense staff, Gen. Oleksandr Syrskyi; Russia conducts live fire exercises 46miles, off Britain’s key Portsmouth naval base as Andy Burnham becomes the UK’s new prime minister with John Healy at the Treasury; the People’s Liberation Army Daily blasts Tokyo and it’s drone capabilities as China and Russia step up military exercises off the Japanese coast that included a Chinese live fire drill; Secretary of State Marco Rubio prepares for Trump’s summit with Xi Jinping as he meets his Quad counterparts in Manila at the ASEAN Foreign Ministers’ meeting; Beijing and Manila spar over Second Thomas Shoal Incident and racist video posted by China Daily; the region braces for new US tariffs as the continuing Iran war drives energy prices up again; and the White House accused China of stealing American technology to improve its AI program.

There’s a new boss at Lockheed Martin Aeronautics, and it’s OJ Sanchez, formerly the Chief Skunk. He joins us for a high-level look at what’s ahead for the world’s largest military aircraft company. We’ll also have air savant Richard Aboulafia’s view of developments at Farnborough. And of course, the week’s top headlines in airpower. Powered by GE Aerospace!

On today’s Strategy Series program, sponsored by General Atomics Aeronautical Systems, John Cofrancesco of American AI Logistics joins Defense & Aerospace Report Editor Vago Muradian  to discuss China’s new AI model, what that means, the administration evolving stance on checking out models before release, Congress' deliberate approach to AI legislation and the overhaul of CMMC.

Steve Parker, the chief executive officer of Boeing Defense, Space & Security, joins Defense & Aerospace Report Editor Vago Muradian to discuss how the giant is working to answer the Trump administration’s demand for accelerated missile and weapons production; the company’s new approach to managing supply chains to improve performance; how the Pentagon is making it easier for contractors to move faster; how moving is moving faster on programs delivery; efforts to attract, retain and nurture a more experienced workforce to improve program execution as veteran workers retire or move to other companies; Boeing’s new culture of performance; Ukraine lessons shaping the company’s strategy, investment and products; thoughts on “right to repair” and capital allocation as lawmakers consider legislation; and whether the administration’s rhetoric that’s propelling allies to develop “sovereign” capabilities will negatively impact the company’s future prospects.

On today’s Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss escalating US-Iran hostilities and implications for world markets; US defense budget deliberations that include a reconciliation measure that’s $60 billion rather than $350 billion as expected with the prospect for a new Reconciliation 4.0 measure to bridge the difference; factors that could explain low defense stock valuations; Pentagon policy chief Bridge Colby’s dismissal of “middle powers” strategy as Canada prepares to join Britain’s Global Combat Air Program with Italy and Japan, and buys a $1.8 billion radar from BAE Systems Australia; GE Aerospace earnings and AV’s Investor Day; and a look at the week ahead and in Washington and beyond, including the Farnborough International Airshow 20-24 July 2026.