MOUNTAIN VIEW, Calif. — Rocket and tactical missile hardware builder Avio SpA continued its double-digit-growth track, reporting a 26% increase in revenue, a 25.9% increase in EBITDA and an 8% increase in backlog for the nine months ending Sept. 30 compared to a year ago.
In an Oct. 28 investor presentation, Avio outlined a 10-year growth path that will see a sharp increase in defense propulsion revenue from European and US customers. Avio is building a production facility in the United States and expects that defense, now less . . .
To view the entire article, become a subscriber!
