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.
Going Concerns, a new column in Aviation Week, monitors the paradigm shift in the A&D sector. No one can know precisely where things are going, but we’ve seen enough before to know we’re heading somewhere new.
Boeing said it would buy back $12 billion worth of public shares, announcing the board-approved repurchase authorization after Wall Street closed for regular trading. The repurchase authorization replaces a 2013 plan, of which $4.8 billion remained. Share repurchases for 2014 totaled $6 billion, but are expected to resume in January, Boeing said. The Chicago company raised its regular quarterly dividend by 25%, to $0.91 per share.
Which contractor team wins the U.S. Air Force Long-Range Strike Bomber (LRS-B) and Army-Marine Corps Joint Light Tactical Vehicle program in 2015 could decide who stays in the business, according to a widely followed U.S. defense industry analyst.
