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.
L3 Technologies has joined the race to provide unmanned underwater technology to the U.S. Navy with the acquisition of OceanServer Technology for an undisclosed amount.
CIT Group marked the end of an era April 4, as the financial holding company exited the aircraft-leasing market and closed the sale of its commercial aircraft leasing business to Avolon Holdings for a final purchase price of $10.4 billion.