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.
Teledyne Technologies will buy smaller rival FLIR Systems under a proposed $8 billion stock-and-cash deal unveiled Jan. 4, bringing together two complementary providers of digital imaging, aerospace and defense electronics to form a growing midtier specialist.
The publicly traded aerospace and defense (A&D) sector saw its share prices fall 16% collectively in 2020, with commercial aerospace companies plummeting 21% and defense companies dropping 8%, according to Vertical Research Partners.
The Trump administration’s trade representative announced Dec. 30 that it would recalculate how it applies punitive tariffs on EU goods stemming from the Airbus-Boeing airliner subsidy dispute, and will expand targeted imports to include large aircraft parts from Germany and France.
