On this episode of the DefAero Report Daily Podcast, sponsored by Bell, Eric Fanning, the president and CEO of the Aerospace Industries Association, discusses takeaways from the recent Farnborough International Airshow, the outlook for US defense spending, implications of the CHIPS plus legislation and the climate-healthcare-tax package that cleared the Senate over the weekend and faces House passage, how to address inflation, supply chain and workforce challenges, improving the relationship between government and industry, and the evolving antitrust approach of the Biden administration as officials revisit Northrop Grumman‘s acquisition of OrbitalATK with Defense & Aerospace Report Editor Vago Muradian.