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C-SuiteBoeing

CEO of Boeing and Lockheed rocket joint venture ULA resigns

By
Loren Grush
Loren Grush
and
Bloomberg
Bloomberg
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By
Loren Grush
Loren Grush
and
Bloomberg
Bloomberg
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December 22, 2025, 1:38 PM ET
Tory Bruno, the chief executive officer of Boeing Co. and Lockheed Martin Corp.’s rocket joint venture United Launch Alliance, has resigned.
Tory Bruno, the chief executive officer of Boeing Co. and Lockheed Martin Corp.’s rocket joint venture United Launch Alliance, has resigned.Getty Images—Joe Raedle

Tory Bruno, the chief executive officer of Boeing Co. and Lockheed Martin Corp.’s rocket joint venture United Launch Alliance, has resigned after serving in the position for nearly 12 years.

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Chief Operating Officer John Elbon will serve as interim CEO, ULA’s board of directors announced on Monday.

One of SpaceX’s biggest rivals, ULA is one of an elite group of companies that is authorized to launch the most sensitive satellites for the US military. During his tenure leading ULA, Bruno oversaw the retirement and phasing out of the company’s older Delta and Atlas rockets, while spearheading the development of a new rocket called Vulcan.

“We are grateful for Tory’s service to ULA and the country, and we thank him for his leadership,” the ULA board said in a statement. Bruno is leaving to pursue another opportunity, the statement said.

At the invitation-only Fortune COO Summit, taking place June 1–2 in Arizona, COOs from the nation’s largest companies will come together to examine how AI and emerging technologies are reshaping operating models, strengthening resilience, and enabling faster and smarter decision-making. Register now.
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