So how do you invest in this theme?
"The most obvious idea is Boeing," said Cramer but considering recent events you'll need a strong stomach.
"We saw billions in market capitalization taken away these last couple of days because of the defects on a small number of planes," he said.
But if you have an appetite for risk – Cramer thinks you'll likely see reward.
What matters most is that there's been no big cancellations and I trust the CEO, Jim McNerney when he says that these are 'teething' problems akin to expected growing pains.
However, if you're not fond of risk – Cramer understands.
"I have to tell you, Boeing became too much for me as someone who runs a charitable trust, and I finally threw up my hands and said, you know what I'm going with a different aerospace play."
And that play is United Technologies, a maker of aircraft equipment and engines. "The company is a fantastic maker of all sorts of integral aircraft parts," said Cramer.
In addition, Cramer sees another catalyst for this stock. "Now that United Technologies has successfully completely its acquisition of Goodrich, I wouldn't be surprised to hear management announce an aggressive plan to return capital to shareholders."
Looking for another play?
"Do not forget Honeywell," said Cramer. Although they're involved in diverse businesses ranging from the manufacture of refrigerants to portable generators, "Honeywell makes the smart cockpits for just about every aerospace concern," said Cramer.
However, Cramer added Honeywell is only a buy on a pullback. "The stock's been a rocket ship and I feel like without a real pullback you will have top ticked this screaming monster."
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