Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense business issues, and is editor in chief of Aviation Week Executive Intelligence newsletters. Beyond reporting, Bruno helps organize related Aviation Week conferences, hosts podcasts and webinars, and speaks publicly as a subject matter expert on industry issues. Since joining Aviation Week in 2005, he has won several Jesse H. Neal and Aerospace Media awards. He has a master's degree from Syracuse University and a bachelor's from Vanderbilt University.
Are some A&D companies becoming too good at business? Many are acting like well-oiled corporations, doing all the right things for their owners and executives—but maybe not for the nations they serve.
If not for a growing tailwind benefit of how Lockheed accounts for its pension liabilities, as well as its FX hedging and other asset-management accounting moves, its 2014 financial results and TPC scores would look worse.
