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Weapons

Avio Plans More Than $400 Million Spend, Much of It on U.S. SRM Production

Frank Wolfe

Friday, October 24th, 2025

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Avio Plans More Than $400 Million Spend, Much of It on U.S. SRM Production

The Arleigh Burke-class guided-missile destroyer USS Bulkeley (DDG 84), launches a Standard Missile-3 during At-Sea Demonstration / Formidable Shield 2025 (U.S. Navy Photo)

Shareholders in Italy's Avio SpA have approved the company's $465 million 10-year investment plan targeted at building solid rocket motors (SRMs) for DoD missiles and munitions. "The core of Avio’s strategic plan is the transatlantic expansion," the company said last Friday. "The capital raised will primarily be used to build a new U.S. facility dedicated to the production of SRMs. This investment is crucial because it aims to close the current gap between demand and supply of SRMs in the…

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