Avio and RTX’s Raytheon Sign Memorandum of Understanding to Establish New Solid Rocket Motor Facility in the U.S.
Avio and Raytheon, an RTX (
NYSE: RTX) business, have signed a Memorandum of Understanding (MoU) to help Avio establish a state-of-the-art solid rocket motor (SRM) facility in the United States, serving Raytheon and other customers as a vertically integrated merchant supplier. Raytheon will have preferred access to a share of the Avio plant production capacity to meet future demand.
Avio and Lockheed Martin Sign Term Sheet to Support the Establishment of a New Plant for Solid Rocket Motors in the USA
Avio and Lockheed Martin have signed a non-binding term sheet to support the establishment of Avio USA’s state-of-the-art solid rocket motor (SRM) facility in the United States, which expects to serve Lockheed Martin and other customers as a vertically integrated merchant supplier.
