BIT:AVIOAerospace & Defense
How Investors Are Reacting To Avio (BIT:AVIO) Deepening Its Role In US Missile Supply Chains
Defense Systems and Solutions recently chose Avio Group to develop, qualify and start producing a solid rocket motor for air defense under a three-year, approximately US$65 million contract supporting the US Government and NATO Allies.
This decision, coupled with Avio USA’s planned US$500 million solid rocket motor facility in Virginia, marks a material deepening of the company’s role in US defense supply chains and domestic missile production capacity.
We’ll now examine how Avio’s new US...