Brief: Avio Signs $65 Mln Contract For Solid Propellant Engine Development In US
06/03/2026 06:49
March 6 (Reuters) - Avio SpA AVI.MI: SIGNS $65 MILLION CONTRACT FOR SOLID PROPELLANT ENGINE DEVELOPMENT IN USA DEFENSE SYSTEMS AND SOLUTIONS (DSS) SELECTS AVIO FOR DEVELOPMENT AND INITIAL PRODUCTION OF SOLID PROPELLANT ENGINE CONTRACT HAS THREE-YEAR DURATION TO PROVIDE DEFENSE SYSTEMS TO US AND NATO ALLIES SERIAL PRODUCTION MAY BEGIN IN 2029 AT AVIO USA SITE Further company coverage: AVI.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))