Crossing the Valley

Ep. 47: The Rebirth of the United Launch Alliance


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Case Study: How ULA CEO Tory Bruno Stewarded a Legacy Giant Through Existential Threats

About Tory Bruno

Tory joined United Launch Alliance as CEO in August 2014, bringing four decades of aerospace experience and a track record of over 400 rocket launches. Previously at Lockheed Martin, he led programs in hypersonics, directed energy, and missile defense while running one of the company's largest and most profitable business units. Bruno initially resisted the ULA opportunity, preferring to work on critical national security technologies, until his wife (also a rocket scientist) convinced him that taking on the ULA mission would be too important for the nation’s space capabilities to pass up.

Bruno is known for his technical depth, strategic foresight, and unconventional approach to business challenges. He is a steady hand in stormy waters. The contrast to his fellow space executives at SpaceX and Blue Origin is quickly apparent.

About United Launch Alliance

United Launch Alliance was formed in 2006 as a joint venture between Boeing and Lockheed Martin, combining their Delta and Atlas rocket programs. Created to solve a national security crisis when both companies threatened to exit unprofitable space launch, ULA became a "monopoly of service" focused on mission success over commercial competition.

When Bruno arrived in 2014, ULA faced existential threats: Senator McCain had outlawed their primary Atlas rocket by 2017, SpaceX was emerging as serious competition, and the company culture was unprepared for competitive markets. The 50-50 ownership structure prevented traditional equity financing, requiring creative approaches to fund development of the new Vulcan rocket.

Today, ULA maintains a 100% mission success rate, has achieved National Security Space Launch certification for Vulcan, and holds major contracts including a multi-billion dollar government award and 47 launches for Amazon's Kuiper constellation.

For more on the United Launch Alliance, visit their website at https://www.ulalaunch.com/

Tory recently launched the Burn Sequence Podcast - you can check it out here: https://www.youtube.com/watch?v=K2XFxZO6iLo

Please subscribe and share with friends — we’d love to keep doing this sort of in-depth, on-site work if you enjoy it!



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