Government development spending protects Avio from low Ariane 5, Vega launch activity in 2019

by Peter B. de Selding

LONDON — Launch vehicle hardware builder Avio SpA said its 2019 financial results will not suffer from the fact that only two of a planned 4-5 Vega launches will have occurred, and only four of the planned five campaigns for the heavy-lift Ariane 5.

Avio is prime contractor for Vega and a major component supplier for Ariane 5.

Neither vehicle has been as active as was planned early in the year. For Vega, the expected four or five launches including the inaugural flight of the more . . .

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