Episode Details

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.