CEO of ULA, Boeing-Lockheed Rocket Joint Venture, Resigns

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.

His departure leaves one of the most important rocket launch providers for companies like Amazon.com Inc. and the US military in a period of transition, with ULA struggling to launch more frequently and compete with rivals like SpaceX.