Rocket-builder Avio, with market and government tailwind, reports increased revenue & EBITDA

by Peter B. de Selding

PARIS — Launch-vehicle manufacturer Avio SpA reported double-digit increases in revenue, EBITDA and EBIT for the nine months ending Sept. 30 and said its year-end backlog will approach 1 billion euros ($1.2 billion).

The company said its Vega-C rocket, a more-powerful version of the Vega vehicle now in operation, is on schedule to debut in 2019, a year that will also inaugurate Vega’s SSMS small-satellite carrier to place multiple spacecraft into orbit.

Vega managers at Avio and launch-service provider Arianespace had . . .

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.