What happens when the aviation industry faces the gargantuan task of catching up to a constrained supply chain? The opportunity shifts. Everyone has accepted the reality that manufacturing is highly limited and that planes have to fly longer, so the aftermarket is white hot.   If you own IP and you’re driving the aftermarket, you’ll be fine for a while, but is this opportunity being felt across the industry or just limited to this corner?   The truth is there are different things occurring in different sectors. Many sectors are leaving la la land and heading back to normalcy which makes for some interesting developments. Other sectors are in dire need of innovation. What are the biggest areas of concern and opportunity? In this episode, Founder and President of Alderman & Company, Bill Alderman returns for a quarterly aviation check-in. We talk about the commercial supply chain, the aftermarket, defense and business jets.   There is a lack of capacity throughout our entire industry of aerospace and the after market is white hot. -Craig Picken   Three Things You’ll Learn In This Episode    -Never bet against American innovation Russia’s tech is stale, but the real concern is China. What should this country be doing to shore up our defense industrial base and what’s at stake if we don’t?    -Biz jets…we’re leaving la-la land All things related to business jet aviation did really well in the pandemic. Why is the sector continuing to cool off now?   -The white hot aftermarket There is light at the end of the supply chain tunnel, but it’s a long, long tunnel. How is this going to affect the aftermarket?    Guest Bio   William ‘Bill’ Alderman is the Founder and President of Alderman & Company which are aerospace and defense M&A bankers. Bill has always had a passion for aviation and is both a commercial pilot and aircraft owner. Today, he uses his expertise, coupled with his interests to represent Middle Market Sellers in the Aerospace and Defense industry.    To find out more, go to:https://aldermanco.com/  Learn More About Your Host:   Co-founder and Managing Partner for Northstar Group, Craig is focused on recruiting senior-level leadership, sales, and operations executives for some of the most prominent companies in the aviation and aerospace industry. Clients include well-known aircraft OEMs, aircraft operators, leasing / financial organizations, and Maintenance / Repair / Overhaul (MRO) providers.    Since 2009 Craig has personally concluded more than 150 executive searches in a variety of disciplines. As the only executive recruiter who has flown airplanes, sold airplanes, AND run a business, Craig is uniquely positioned to build deep, lasting relationships with both executives and the boards and stakeholders they serve. This allows him to use a detailed, disciplined process that does more than pair the ideal candidate with the perfect opportunity and hit the business goals of the companies he serves.