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.
Last month, PCX Aerosystems announced it was buying nearby Senior Aerospace Connecticut. This month, Greenbriar Equity Group announced it will buy PCX from RFE Investment Partners.
With mergers and acquisitions (M&A) in aerospace and defense expected to ramp up this year in the aftermath of the Covid-19 pandemic, another private equity (PE) group is jumping into the market.
Boeing used up less cash in the first quarter of 2021 than it did the year before, but the beleaguered aerospace and defense giant also brought in less revenue and still cannot hazard an official forecast of what finances will look like this year.
