Defense & Aerospace Report

On today’s Strategy Series program, sponsored by General Atomics Aeronautical Systems, Dmitri Alperovich, the chairman of Silverado Policy Accelerator think tank who co-founded the cyber security giant CrowdStrike , discusses the new book he coauthored with Garrett Graff — “World on the Brink: How America Can Beat China in the Race for the Twenty-First Century.” — similarities and lessons from the West’s Cold War competition with the Soviet Union, why China is more vulnerable than the Soviet Union and how the West can win the contest, how best to cooperate with Beijing, and a report card on US efforts to improve cyber security with Defense & Aerospace Report Editor Vago Muradian.

On today’s program, sponsored by HII, Sam Bendett of the Center for Naval Analyses and Dr. Eugene Rumer of the Carnegie Endowment for International Peace discuss last week’s deal that saw Russia exchange innocent Americans and Russian activists for Russian assassins, spies and hackers, and whether the deal will prompt Moscow to take more hostages in the future; update on the Ukraine war and growing worries that Kyiv is losing the conflict and if so, what Western nations can do to change the battlefield dynamic; a new Duma law that prohibits soldiers from using their personal electronic devices on the front; and how Vice President Harris and those around her regard Russia, Ukraine and NATO; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the sharp market drop on Aug. 5, 2024, and how global worries impacted defense and aerospace equities; a look at Boeing’s results last week and news that Kelly Ortberg will succeed Dave Calhoun as the giant’s CEO; defense budget prospects as Senate appropriators cleared 11 of 12 spending bills before leaving town for August; prospect of a wider Middle East war war as Iran vows retaliation after Israel assassinated top Hezbollah and Hamas leaders, including one in Tehran; and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

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 discuss Wall Street meltdown on a sharper than expected drop in new jobs even as the Federal Reserve said rate cuts are imminent; Boeing taps one of the industry host highly regarded retirees — former Collins CEO Kelly Ortberg — as its new chief executive as the company also reports dismal earnings and needs to raise capital; Airbus, BAE Systems, MTU, and Rolls-Royce also report earnings; and the Air Force says still going to develop a new, six-generation manned fighter even as it rethinks the penetrating counter air portion of the Next-Generation Air Dominance program.

Dr. Patrick Cronin, a defense expert, joins Michael Herson from American Defense International, former Pentagon chief Jim Townsend, and ex-Pentagon Comptroller Dr. Dov Zakheim to discuss pressing global issues. They delve into a complex hostage exchange with Russia and escalating Middle East tensions following Israel's actions against Hamas and Hezbollah. The group also analyzes rising military expenditures, the U.S. response to China's hacking, and potential candidates for Vice President Kamala Harris’s running mate in the upcoming elections.

The US Air Force has sunk a Navy ship -- with a new anti-ship weapon launched from a B-2. We’ll get into the implications with the Sagamore Institute’s Dr. Jerry Hendrix, a retired US Navy captain, naval aviator and strategist. And CSIS’s Dr. Tom Karako comes by to update us on the latest in air and missile defense around the world. Plus the top headlines in airpower. Powered by GE!

Former Deputy Defense Secretary David Norquist who is now the president and CEO of the National Defense Industrial Association and Dr Arun Seraphin who runs NDIA’s Emerging Technologies Institute, join Defense & Aerospace Report Editor Vago Muradian to discuss the US budget outlook as Congress is expected to opt for another continuing resolution to fund government rather than legislation; impact of funding uncertainty on the very innovation ecosystem the Pentagon is courting; what to expect from the ETI conference in Washington Aug. 7-9; role of supplemental in driving innovation, bolstering supply chains and production capacity; feedback from the association’s membership; defense impacts irrespective of Harris or Trump victory in November; and Boeing’s decision to tap former Collins CEO Kelly Ortberg as the company’s next chief executive.

On this month’s innovation conversation to highlight key topics in the countdown to the Apex technology and innovation conference next January in Washington, sponsored by Clarion Defence, Air Commodore Blythe Crawford, the commandant of the Royal Air Force’s Air and Space Warfare Center, joins Defense & Aerospace Report Editor Vago Muradian to discuss the nature of innovation and the need for greater agility, the right and wrong lessons from Russia’s war on Ukraine, the big problems that need solving, grading progress, issuing many small but demanding contracts to help determine the innovative companies that can delivery from those that can’t — and documenting the results — and keys to driving culture change. To learn more about the Apex conference, sponsorship and attendance opportunities please visit apexdefense.org

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 Office of Management and Budget’s midyear review that shows lower deficit projections than the Congressional Budget Office; budget outlook as Congress moves to again opt for a continuing resolution rather than passing a budget bill; analysis of second quarter earnings and management statements on budget and profit outlook; thoughts on the “Economic Consequences of Weak Governance and Policy Instability” hosted by The Budget Lab at Yale University and The Niskanen Center think tank; takeaways from the Farnborough International Air Show; 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 discuss an upcoming week on Wall Street after a shaky start on lower than expected inflation and strong profits; American Airlines joins Delta and United in posting muted earnings prompting questions whether the jetliner market is cooling as the world’s aerospace and defense leaders gathered at a muted Farnborough Air Show; Boeing nears an announcement of a new CEO; Leonardo CEO Roberto Cingolani says that he’s “personally” ok with Saudi Arabia joining Britain and Japan in the Global Combat Air Program even as Japanese officials suggest doing so would create reputational risk; and Babcock, Bombardier, Booz Allen Hamilton, Dassault, General Dynamics, General Electric, L3 Harris, Lockheed Martin, Northrop Grumman, RTX, Textron and Thales all report earnings.

Dr. Patrick Cronin from the Hudson Institute, Michael Herson of American Defense International, and former Pentagon Comptroller Dr. Dov Zakheim discuss the troubling outlook for the National Defense Authorization Act and pressing funding challenges. They delve into Kamala Harris' role as a frontrunner in the presidential race amid significant endorsements and dynamics of vice presidential selections. The conversation also highlights Israeli military actions affecting U.S. foreign policy and heightened security concerns ahead of the Paris Olympics.