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.
Lockheed Martin, the Pentagon’s leading contractor by sales, will prove its “culture of cash” for shareholders in the coming years after returning almost $4 billion in dividends and share buybacks in 2020 despite the COVID-19 crisis, tempered F-35 deliveries and slowing space work near term.
Customers of TransDigm Group expect to pay roughly 2% higher prices this year from the key aerospace and defense parts provider, compared with an average of just 0.8% more across the whole aerospace supplier base, according to new survey results from Jefferies analysts.