Defense & Aerospace Report Podcast [May 14, ’23 Business Report]

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 Defense & Aerospace Report Editor Vago Muradian to discuss how US and overseas markets view a possible US debt default and how this latest debt drama is driving the development of new reserve currencies as an alternative to the US dollar including the Euro, prospect of future interest rate hikes by the Federal Reserve as inflation slows, whether central bankers will curb inflation without causing a recession, Germany’s order for 60 CH-47F Chinook helicopters from Boeing to replace the country’s fleet of CH-53 helicopters and what the deal means for Sikorsky’s CH-53K, the news that the T-7 Red Hawk trainer by Boeing and Saab for the US Air Force will be delayed by three years, NetJets’ $5 billion order for up to 250 Embraer Praetor 500 business jets, Turkish Airlines’ interest in up to 800 new jetliners, Virgin Orbital and Rocket Lab earnings, order for 300 Boeing 737 Max jets by Ryanair, and Germany’s latest $3 billion arms package for Ukraine that includes more tanks, vehicles, air defense missiles and ammunition.