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March 10, 2021

Byron Callan quoted in Defense News

"Research, procurement could get squeezed in Biden budget" by Aaron Mehta and Joe Gould

Byron Callan quoted in Aaron Mehta and Joe Gould's Defense News article, "Research, procurement could get squeezed in Biden budget"

The article reads:


Calculations from Byron Callan, an analyst with Capital Alpha Partners, show that when required spending is subtracted from that top line figure, it leaves about $227 billion in the procurement and research, development, testing and evaluation (RDT&E) funds.

While that is certainly a big pile of money for the department , in context, it’s actually a cut. The FY21 NDAA authorized $247 billion for that pot of money, and the FY22 plan laid out by the lame duck Trump administration called for $243 billion. And because certain procurement programs are growing in size, that means RDT&E funds may end up the loser, Callan predicted in a letter to subscribers.

DoD plans have shown growth in Procurement as major weapons systems, such as Columbia-class submarines, B-21 bombers, [the Ground Based Strategic Deterrent], Army modernization programs, and stepped-up F-35 buys to occur over the balance of the decade,” he wrote. “RDT&E funding declines as these transitions occur.”

Full article:

March 9, 2020

Byron Callan quoted in Defense News

"Coronavirus shaking up America’s defense industry" by Joe Gould and Valerie Insinna

Byron Callan quoted in Defense News article, "Coronavirus shaking up America’s defense industry," published on March 9th, 2020.

The article reads:

“Defense should do relatively better [than consumer sectors], but it’s not gonna be immune,” said Byron Callan, a policy research expert at Capital Alpha Partners. “It’s gonna catch a mild fever where, you know, there are gonna be other parts of the U.S. economy that are gonna be in a critical situation."


Short of factory closings, factory workers staying home for school closures or to care for sick relatives could trigger work slow downs, particularly at the lower tiers of the supply chain, especially the ones that rely on smaller pools of workers. Those companies could suffer too if they rely on the commercial side of the aerospace sector, which is expected to be harder hit, Callan said.

“You can see the ramifications on the pace of work, but it’s not like the airline industry or the cruise ship industry where all of a sudden none of your customers show up,” Callan said, adding: “There could be a cascading effect from some commercial aerospace. Again, it’s at very, very small level, but it’s still a factor.”

Full article:

October 4, 2018

Byron Callan Quoted in Defense News

"Boeing, Embraer reportedly in talks to bring KC-390 production to US" by Valerie Insinna. 

Byron Callan was quoted in Valerie Insinna's Defense News article, "Boeing, Embraer reportedly in talks to bring KC-390 production to US," published on October 4th, 2018.

The article reads: 


“A decision to build the aircraft in the U.S. would likely only be undertaken if Boeing/Embraer could sell KC-390 to the [U.S.] Air Force, Navy, or Marine Corps,” wrote Byron Callan of Capital Alpha Partners in an email.