Defense & Aerospace Report Podcast [Jan 26, ’25 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 host Vago Muradian to discuss a strong week on Wall Street as investors work to determine the impact of Donald Trump’s policies a week into his second administration, from widely expected tax cuts, defense spending increases and war on migrants to what higher tariffs, trade wars and rising tensions with allies will mean including the president’s “aggressive” conversation over gaining ownership of Greenland with Danish Prime Minister Mette Frederickson; as some worry Trump’s rhetoric could undermine US weapons sales worldwide Poland’s Defense Minister Wladyslaw Kosiniak-Kamysz urges allies to curry favor with Trump by buying more US weapons; NATO considers sharing highly classified capability assessments with industry to speed weapons development; Boeing preannounces another $4 billion in losses as it prepares to report earnings; what Embraer’s next jetliner should look like; update on Blue Origin’s New Glenn and SpaceX’s Starship programs; and the industry-wide impacts of California’s devastating fires.

Wellington Business Owner Appeals To Tax Bosses To Ensure Good Faith Negotiations

Monday, 27 January 2025, 4:08 pmPress Release: Nick Mills

Wellington hospitality business owner and radio host Nick
Mills is urging the Revenue Minister and Commissioner of
Inland Revenue to intervene in a failed negotiation to
settle outstanding tax payments.Mr Mills has spent
the past eight months negotiating with the IRD to settle
historic tax issues, but officials have constantly moved the
goal posts.“We managed to raise more than 40% of
the outstanding debt as part of our negotiations, but the
IRD declined to accept that.“It has been incredibly
frustrating and stressful, and we know we’re not the only
ones going through this distressing process.“We
continue to meet our current tax obligations while
supporting many households through our family-owned
business.”Mr Mills said their hospitality outlets
were slammed by Covid, followed by high inflation, high
interest rates, general downturn in Wellington’s CBD and
unfavourable decisions to operating hours in our late-night
venues which had a severe impact on trade.“We have
been in business for more than 40 years, but the last four
years has been particularly challenging. We have fought hard
to stay afloat and meet our financial obligations and will
continue to fight.”Tax lawyer Mike Lennard says
he’s never seen such a dismissive attitude by tax
officials in the three decades he’s worked in the
sector.As a former Director of Litigation at IRD, Mr
Lennard knows what it takes to negotiate successful recovery
of debts, and the current approach is completely
unreasonable.“There has been a gross breach of good
faith negotiations on the part of officials, and this needs
to be addressed
urgently.”

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Sky Force Box Office collection Day 3: Akshay Kumar, Veer Pahariya’s film witnesses growth, earns THIS much

Akshay Kumar starrer Sky Force is ruling hearts. Released on January 24, the film has been lauded by both viewers and critics alike, courtesy its word-of-mouth momentum. The film is based on the 1965 Indo-Pakistani air war, which marked India’s first major airstrike. It centers on IAF officer T. Vijaya who goes missing during the 1965 India-Pakistan War while his fellow IAF officer, Om Ahuja takes on the mission to bring him back. Veer Pahariya – who makes his Bollywood debut with the movie – has also received immense admiration for his flawless performance. The actor has impressed everyone with his dialogue delivery and his expressions. Also Read – Sky Force Box Office Collection Day 2: Akshay Kumar’s film sees 70% jump, surpasses THIS movie…
Social media is buzzing with adulation for the actor. Veer Pahariya essays the role of T Krishna Vijaya aka Tabby while Akshay Kumar plays the role of Wing Commander Kumar Om Ahuja. The film also stars Nimrat Kaur and Sara Ali Khan in key roles. The film did a good opening at the box office and earned Rs 15.30 crores. On day 2, it earned Rs 26.30 crore taking the total to Rs 42 cross gross. Also Read – Sky Force Box Office collection Day 2: Akshay Kumar’s film inches closer to Rs 100 crore, earns over…
As per early estimates by Sacnilk, the film has earned Rs 27.50 crore on third day since its release. The film is slowly inching towards Rs 70 crore. It is expected to cross the Rs 100 crore mark in the next few days. Also Read – Sky Force box office collection day 1: Akshay Kumar, Veer Pahariya’s film opens strong, soars to…
This is one of the biggest openings for Akshay Kumar in the recent times. The film is directed by Abhishek Anil Kapur and Sandeep Kewlani and produced by Dinesh Vijan and Amar Kaushik under Maddock Films, alongside Jyoti Deshpande under Jio Studios. Sky Force has now emerged as Akshay’s third highest-grossing film post-COVID. While Sooryavanshi had earned 195.04 crore, OMG 2 grossed 150 crore at the box office!
On the work front, Akshay Kumar will be next seen in movies Jolly LLB 3 and Welcome to the Jungle this year. Fans are also eagerly waiting for him to announce Hera Pheri 3.