By Joey Roulette Dec 22 (Reuters) – Tory Bruno has resigned as United Launch Alliance’s CEO after leading the Boeing and Lockheed Martin-owned rocket maker for nearly 12 years, the company said on Monday, adding an interim CEO will take Bruno’s place. Bruno, a longtime Lockheed executive who has led an array of U.S. weapons […]
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United Launch Alliance CEO Tory Bruno resigns
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By Joey Roulette
Dec 22 (Reuters) – Tory Bruno has resigned as United Launch Alliance’s CEO after leading the Boeing and Lockheed Martin-owned rocket maker for nearly 12 years, the company said on Monday, adding an interim CEO will take Bruno’s place.
Bruno, a longtime Lockheed executive who has led an array of U.S. weapons programs, became ULA CEO in 2014 as Elon Musk’s SpaceX began to challenge the company’s long-held grip on government rocket launch programs.
He departed the company “for a new opportunity,” ULA said.
ULA directly competes with Musk’s SpaceX in the launch business, and the two companies loft a majority of U.S. government satellites into orbit.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Alan Barona, Rod Nickel)