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On this week’s episode of the Defense & Aerospace Business Report, sponsored by Bell Helicopter, a Textron Company, we discuss ongoing FY18 defense budget deliberations on Capitol Hill, the impact of the week in international security provocations on US defense spending, President Donald Trump’s defense-industrial base executive order, the potential implications of American sanctions on global powers on the EU-US relationship and more. This week’s guests include Byron Callan of Capital Alpha Partners, Ron Epstein of Bank of America Merrill Lynch, Steven Grundman of the Atlantic Council, former Pentagon comptroller Bob Hale (now with the Center for a New American Security’s Defense Strategies and Assessments Program), Todd Harrison of the Center for Strategic and International Success, and Sash Tusa of Agency Partners.