Defense & Aerospace Report DEFAERO Daily Pod [Jan 12, 26] Week in Review & Byron Callan’s Week Ahead
Jan 12, 2026
Byron Callan, an independent research analyst and founder of Capital Alpha Partners, dives deep into the geopolitical landscape shaped by the Trump administration's robust foreign policy. He tackles the feasibility of a $1.5 trillion defense budget and the potential impacts of changes in executive orders affecting corporate buybacks. The discussion also covers Lockheed Martin's ambitious investment in air defense systems and touches on critical issues surrounding Greenland's strategic importance and the risks faced by NATO. A captivating look ahead at the Surface Navy Association symposium rounds out the conversation.
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Military Action Without Political Follow‑Through Fails
- Byron Callan argues that military takedowns without follow-on political planning rarely produce lasting regime change.
- He warns restoring law, property rights and human capital is a massive, patient undertaking after initial operations.
Air Power Alone Won't Guarantee Regime Collapse
- Callan says air power alone is unlikely to topple Iran and could even strengthen the regime.
- He notes uncertainty due to internet shutdowns and lack of reliable on‑the‑ground reporting.
Owning Territory Signals Power, Not Necessarily Security
- Greenland ownership talk reflects a desire for direct control rather than relying on alliances or basing treaties.
- Callan warns U.S. moves could strain NATO if allies opt not to honor collective responses.