Alderman & Co shares unique insight into ongoing supply chain constraints
Amid ongoing uncertainty in both the global geopolitical outlook and the industry supply chain, Aerospace Global News spoke to aerospace and defence merger and acquisition specialist Alderman & Co about its unique insight into ongoing issues.
As the broker and investment banker responsible for selling companies worth approximately $100 million in value – or as founding partner William ‘Bill’ Alderman explains, the companies “selling to those that sell to Boeing” – we “know a lot about the companies we’re selling,” he added. With Alderman & Co typically selling four of five of these businesses a year, this allows it a “pretty unique vantage point from the bottom up of what’s going on”.
Admittedly, ongoing global supply chain issues (borne out of the pandemic) continue to negatively impact the industry. Despite demand for travel having now surpasses pre-covid levels, “in the production of aircraft and aircraft systems, we’re struggling,” highlights Alderman; attributing the number one issue as staffing shortages. “What we’re seeing right now at the grassroots level is a slow recovery of human talent”.
However, amid ongoing geopolitical tension, the “civilian market is not being affected meaningfully by geopolitical risks,” continued Alderman. Specifically on the defence side, most analysts are also seeing strong continued spending within the supply chain, believing the $800 billion US defence budget to be unaffected by the upcoming election outcome. “We’re seeing economic stability in the supply chain because the world is unstable,” he concluded.
