Rocket-builder Avio posts double-digit revenue, profit increase with peak in government development funding

by Peter B. de Selding

PARIS — The world’s only pure-play, publicly traded launch-vehicle manufacturer, Avio SpA, reported double-digit increases in revenue and profit in 2018 with a peak in government-financed work on new rockets.

For Avio, the question is whether demand for its Vega small-satellite launch vehicle and for the heavy-lift Ariane 6, which uses Vega’s first stage as its strap-on boosters, will be sufficiently strong to offset the inevitable decline in government development funds.

Avio in 2018 reported revenue of 388.7 . . .

To view the entire article, become a subscriber!

You may also like

Our greatest offer yet

You’ve been selected to enjoy 6 months of access to Space Intel Report for just $245.