Sign In
Search
Weapons

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

Frank Wolfe Frank Wolfe
SHARE:
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…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

USAF Forecasts Big Dollar Demand In Next Decade for F-15EXs

Air Force

Department of the Air Force Focused on Mission Systems for Future Tanker to Succeed KC-46 and KC-135

Air Force

Two AGM-190As Fired Recently in AFRICOM, LRIP for 45 Underway

Air Force

Meink: U.S. Has Orbital Space Weapons, SB-AMTI To Launch This Month, 500 CCAs by 2032

Trending

Northrop Expands B-21 Production Capacity With New Utah Facility
Space Force Looking to Future for RPO-Docking to Counter Space Threats
True Anomaly and Northrop Grumman Aiming to Build GHOST-R Prototypes to Reduce RG-XX Costs
L3Harris Chose To Not Be An SBI Prime, Instead Focusing As Propulsion Supplier
Contract Awards

Congress Updates

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume