PLATA, Maryland — Space launch and tactical missile manufacturer Avio SpA reported a 17% increase in revenue for the nine months ending Sept. 30, with missile propulsion now accounting for 33% of its backlog.
Italy-based Avio is prime contractor for Europe’s Vega-C medium-lift rocket and provides the solid-rocket boosters for Europe’s Ariane 6 heavy-lift rocket.
Avio and Ariane 6 prime contractor ArianeGroup, which shares responsibility for the strap-on boosters with Avio through the Europropulsion and
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