Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
Lockheed Martin posted better-than-expected results in the first quarter, but delivered no F-35s as its ongoing software problems have yet to be resolved.
RTX’s sales and net profit beat Wall Street’s expectations in the first quarter on the back of strong demand for both its commercial and defense products.