Closing Bell Closing Bell Overtime: Big Defense from Reagan Defense Forum; Samsara CEO On Outlook 12/5/25
Dec 5, 2025
Chris Calio, the Chair and CEO of RTX, dives into the company's plans for ramping up munitions production and navigating supply chain challenges, while also highlighting commercial aerospace growth. Horacio Rozanski, leading Booz Allen Hamilton, discusses the firm's strategic transition towards AI and its impact on national security amidst budget changes. Julia Boorstin, CNBC's media expert, analyzes the ramifications of Netflix's potential acquisition of Warner Bros. Discovery, raising concerns about the future of streaming and theatrical releases.
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Stale Inflation Read And Mixed 2026 Outlook
- The September core PCE read is stale because it predates the shutdown and fall weakness.
- Diane Swonk says fiscal stimulus and AI wealth effects should boost growth into early 2026 but recession risk remains later in the year.
AI Wealth Effects Driving Growth
- The AI boom and wealth effects were the primary growth drivers in early 2025, accounting for ~1.1 percentage points of growth.
- Swonk warns the economy is precarious if AI investment or high-earner sentiment reverses, raising recession risk into 2026.
Scale Capacity Through Supply-Chain Investment
- Invest in supply chain, labor, and capacity to meet rising munitions demand.
- Chris Calio says RTX is expanding suppliers and capital to scale production and innovate with partners.