Summary
- Avio, Italy’s biggest rocket and missile motor manufacturer, is set to triple production within the next five years.
- The company has signed contracts with Raytheon and the U.S. Army for the development of solid rocket motors for defense applications.
- Avio aims to ease the chronic production shortfall in the United States caused by conflicts worldwide and limited supply options.
- The company plans to open a U.S. production site but will initially work on new American contracts at its Colleferro site in Italy.