Defense & Aerospace Report Podcast [Dec 11, ’22 Business Report]

On this episode of the Business Podcast, sponsored by Bell, our guests are “Rocket Ron” Epstein, PhD, of Bank of America Merrill Lynch, Richard Aboulafia of AeroDynamic Advisory and Sash Tusa of Agency Partners.
Topics:
— Aerospace and defense stock performance in America and Europe as Wall Street closes down on higher than expected producer price index
— Investor reaction to House version of the National Defense Authorization Act that increases Biden administration Pentagon spending request by $45 billion, but appropriations and debt ceiling outlook remain dim
— Airbus dials back delivery targets for second time in a year on supplier challenges
— Analysis of reports that Air India owner Tata Group plans massive investment in the air carrier including 500 narrow- and wide-body jets from Boeing and Airbus
— Japan formally joins the British-led Tempest program to develop a next general combat aircraft that includes Italy and Sweden, now referred to as the Global Combat Air Program
— US Army’s selection of Bell’s V-280 Valor tiltrotor over the Defiant X by Lockheed Martin’s Sikorsky and Boeing for the service’s Future Long-Range Assault Aircraft competition
— NASA’s flawless unmanned Artemis moon mission as Orion command module safely splashes down on time and target in the Eastern Pacific
— Ingenuity unmanned aircraft makes 35th flight in Mars’ thin atmosphere, at nearly a minute and 46 feet altitude making it the longest and highest to date