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Avio

Regulatory Filings Aug 2, 2022

4127_rns_2022-08-02_a9c0839c-be2a-4673-8b44-8197a34cf28e.pdf

Regulatory Filings

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Informazione
Regolamentata n.
1771-48-2022
Data/Ora Ricezione
02 Agosto 2022
13:21:44
Euronext Star Milan
Societa' : Avio Spa
Identificativo
Informazione
Regolamentata
: 165688
Nome utilizzatore : AVION04 - Agosti
Tipologia : REGEM
Data/Ora Ricezione : 02 Agosto 2022 13:21:44
Data/Ora Inizio
Diffusione presunta
: 02 Agosto 2022 13:21:46
Oggetto : NEW ORDERS SIGNED FOR THE
TACTICAL PROPULSION BUSINESS
Testo del comunicato

Vedi allegato.

AVIO GROWS IN THE DEFENSE SECTOR: NEW ORDERS SIGNED WITH MBDA FOR ASTER 30 AND FOR DEVELOPMENT OF TESEO MK2/E MISSILE PROPULSION SYSTEM

Rome, August 2, 2022 - Avio has been awarded new orders totalling more than 40 million euros from MBDA. The first order is to increase the production of boosters for the Aster 30 missile system for a European and NATO member state.

The second order was signed for the development, qualification and industrialization of the initial booster propulsion system for the next-generation Teseo MK2/E anti-ship missile system for the Italian Navy. The development and qualification period for the propulsion system is consistent with the missile's development planning and the Italian Navy's requirements for the introduction of the Teseo Mk2/E into service.

Giulio Ranzo, Avio's CEO, commented: "These orders and contracts strengthen Avio's positioning in the defense sector, which is receiving increasing attention from states following the events of the recent months. We thank our partners of MBDA and the entire development team for their renewed confidence in Avio's established expertise in the Defense sector."

For more information:

Investor Relations contacts

[email protected] [email protected]

Media Relations Contacts [email protected] [email protected]

Avio in short

Avio is a leading international group operating in the manufacturing and development of space launchers and propulsion systems. The experience and knowhow built up over more than 50 years puts Avio at the cutting edge of the space launcher sector, solid, liquid and cryogenic propulsion and tactical propulsion. Avio operates 5 industrial facilities in Italy, France and France Guyana, employing approx. 1,100 highly-qualified personnel, of which approx. 30% involved in research and development. Avio is a prime contractor for the Vega and Vega C programmes and a sub-contractor for the Ariane programme, both funded by the European Space Agency ("ESA"), placing Italy among the limited number of countries capable of producing a complete spacecraft.

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