Defense & Aerospace Report

On this Land Warfare episode, sponsored by American Rheinmetall, Ben Barry, a retired British Army brigadier who is the director of land warfare studies at the International Institute for Strategic Studies, joins Defense & Aerospace Report Editor Vago Muradian to discuss his recent report, “Defending Europe Without the United States: Costs and Consequences;” how quickly Russia will be able to reconstitute its forces and pose a threat to NATO; what Europe has to do to build the capabilities to defend itself without relying on the United States; the critical role of more than 128,000 American military personnel in Europe; where member nations will find the $1 trillion they will need; coordinating industrial capacity to deliver needed systems; whether Europe can support Ukraine in the event Washington pulls the plug on Kyiv; whether there are a opportunities for US companies and more cooperation in the short and longer term; outlook for the Ukraine war; and case for tanks and attack as well as transport helicopters even in a highly kinetic battlefield environment.

On this episode of the Defense & Aerospace Report Strategy Series, sponsored by General Atomics Aeronautical Systems, Bran Ferren, the cofounder and CEO of the Applied Minds consultancy, joins Defense & Aerospace Report Editor Vago Muradian to discuss the merits of bringing interdisciplinary to problem solving; the need for the United States to adopt disruptive thinking to countering adversaries like China rather than playing their numbers game; how to drive innovation; why America has tracked the China threat in particular but failed to better prepare for it; why the Pentagon needs a variety of acquisition approaches with differing speeds depending on what’s being acquired; and enduring lessons from mankind’s greatest achievement, the Apollo moon landings.

Byron Callan, an analyst from Capital Alpha Partners with expertise in defense and market trends, joins to unpack the implications of President Trump's 'Big Beautiful Bill' on defense funding. He discusses the fraught budget process, highlighting how midterm elections may shape fiscal priorities. Callan also analyzes the recent Israel-Iran conflict as a pivotal moment and recaps key insights from the NATO Summit. The conversation looks ahead at upcoming defense events, including discussions on drone warfare and Taiwan's military posture.

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 another record Wall Street week on strong employment despite tariff turmoil as Congress hands President Trump a legislative victory that will increase US debt by more than $3 trillion dollars that in turn has contributed to the weakest dollar since the financial crisis of 1973 with the greenback down 10 percent; the administration hinted at a series of tariff deals, including with Europe that would see baseline tariffs increase by 10 percent, but that news that is causing friction among European members with France’s industry and energy minister Marc Ferracci calling on union leaders to reject a deal that would force Europe to live with higher baseline tariffs; a fiscal drama in London as Prime Minister Sir Kier Starmer’s administration is forced by its own party to backtrack on benefits cuts, cause another bond crisis; China went on a charm offensive in Brussels, Berlin and Paris where Wang Yi also candidly admitted that China can’t afford for Russia to lose in Ukraine; Washington halts aid to Kyiv by falsely claiming US weapons are running out as Germany negotiates with Washington for more weapons for Ukraine, including two Patriot batteries and interceptors as Russia steps up strikes; Germany’s outspoken chief of defense, Lt. Gen. Alfons Mais, is sacked for being too blunt as Berlin prepares to order 1,000 new tanks and 2,500 armored fighting vehicles; a banner week for Airbus that sold more than $12 billion in new jets to Malaysia’s Air Asia; Embraer nails a $4 billion order with SAS for 55 jets as Air France KLM takes a 60 percent stake in the carrier; and Bombardier scores a big order with an unnamed customer.

Sash Tusa, an equity research analyst specializing in aerospace and defense, joins Richard Aboulafia, an advisory consultant and market expert, and 'Rocket' Ron Epstein from Bank of America Securities. They discuss the surge in Wall Street amid a new U.S.-China trade deal, highlighting its implications for defense spending and tariffs. The trio analyzes NATO's commitment to increase defense spending, and they assess the evolving dynamics of military strategies in Europe, including potential challenges and opportunities in the defense sector.

Join Michael Herson, a top lobbyist at American Defense International, Dov Zakheim, former Pentagon comptroller, Jim Townsend, ex-Pentagon Europe chief, and Dr. Patrick Cronin, Asia Pacific Security Chair at the Hudson Institute, as they dive into pressing geopolitical issues. They discuss GOP opposition to President Trump’s budget, military operations in Iran, and Israel’s ongoing strikes in Gaza. The conversation also touches on Xi Jinping’s absence from a key meeting and the implications of Zohran Mamdani’s surprising victory in New York's mayoral primary.

Mark Montgomery, a retired U.S. Navy Rear Admiral and Senior Director at the Foundation for Defense of Democracies, dives into the intricate dynamics of air power and cybersecurity. He discusses the implications of recent U.S. airstrikes on Iran's nuclear facilities and the evolving military landscape in the region. The conversation highlights the challenges of balancing military action with diplomacy, while also addressing the urgent need for technological investment in defense and STEM education to maintain a competitive edge against emerging threats.

On this episode of the Defense & Aerospace Report Technology Series, sponsored by Elbit America, Mark Montgomery, a retired US Navy rear admiral who is now the senior director of the Center on Cyber and Technology Innovation at the Foundation for Defense of Democracies and a senior adviser on the bipartisan Cyberspace Solarium Commission, joins Defense & Aerospace Report Editor Vago Muradian to discuss what’s next in the wake of the war between Israel and Iran that included US air strikes; how Iran might retaliate, including in cyberspace, and whether the administration’s cybersecurity cuts will jeopardize America’s ability to defend critical infrastructure; the implications of US strikes that damaged, but not destroyed, Iran’s facilities; lessons from the conflict; analysis of the administrations plans to cut cyber and science; and a look at defense spending as the NATO leaders convene in The Hague of this year’s alliance summit.

On today’s Strategy Series program, sponsored by General Atomics Aeronautical Systems, André Loesekrug-Pietri, the director of the Joint European Disruptive Initiative, joins Defense & Aerospace Reporter Editor Vago Muradian to discuss JEDI and how it aims to serve as Europe’s advanced research projects agency to improve both economic competitiveness as well as military capabilities. Our coverage of the Paris Air Show was sponsored by Alderman & Co.

On today’s program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners and Chris Servello, the co-host of our Cavas Ships podcast joins Defense & Aerospace Report Editor Vago Muradian to discuss US air strikes on Iran’s nuclear facilities and what’s next; potential unintended consequences of the attack as well as how it will play with President Trump’s supporters as well as military members; whether the strikes bolstered Washington’s credibility or undermined it; what to expect from the NATO Summit in The Hague that convenes tomorrow; a look at the administration’s 2026 defense spending request; update on budget expectations as Congress continues to deliberate reconciliation, the National Defense Authorization Act, and rescissions; and a look at the week ahead.