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.
Boeing’s first-quarter 2022 financial results were another gusher of red ink, with the beset U.S. aerospace and defense OEM reporting new charges and negative results over most of its operations, and the company leaving investors and analysts with reasonable doubt over whether it can achieve net-positive cash flow this year.
Several venture capital firms and the related office at Lockheed Martin have teamed to invest $27 million in X-Bow Systems, an Albuquerque, New Mexico-based additive manufacturing startup targeting production of solid rocket energetics.
Raytheon Technologies has shaved back its forecasted revenue for 2022, but the Super Tier 1 supplier reiterated the rest of its full-year profit guidance, illustrating how the wider Western aerospace and defense industry continues to encounter headwinds in its recovery from the COVID-19 pandemic, but not enough to derail momentum.
