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.
As the tidal wave of first-quarter earnings reports rolls in across aerospace and defense, a few clear themes are emerging beyond the exigencies of the market effects related to either COVID-19 or the Russian invasion of Ukraine.
Venturi Astrolab, which last month unveiled its Flex rover family for manned Moon and Mars missions, is buying certain technologies from European electric vehicle maker Venturi Group, with which it has a “strategic partnership” and a shared name.
If Lockheed Martin’s financial results for the first quarter and reaffirmed 2022 guidance are any indication, investors are unlikely to be either inspired or horrified about U.S. defense sector prospects for much of this year—regardless of hopes of spending growth or concerns over inflation and suppliers.