Avio Signs $65 Mln Contract For Solid Propellant Engine Development In US

Reuters03-06

March 6 (Reuters) - Avio SpA ::
*SIGNS $65 MILLION CONTRACT FOR SOLID PROPELLANT ENGINE DEVELOPMENT IN USA
*DEFENSE SYSTEMS AND SOLUTIONS $(DSS)$ SELECTS AVIO FOR DEVELOPMENT AND INITIAL PRODUCTION OF SOLID PROPELLANT ENGINE
*CONTRACT HAS THREE-YEAR DURATION TO PROVIDE DEFENSE SYSTEMS TO US AND NATO ALLIES
*SERIAL PRODUCTION MAY BEGIN IN 2029 AT AVIO USA SITE
*Further company coverage: AVI.MI
* (Gdansk Newsroom)
* ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 06-MAR-202606:49:15 GMT

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