Lockheed Martin and Avio Announce Strategic Cooperation Agreement for Solid Rocket Motor Production
Lockheed Martin and Avio announced a strategic cooperation agreement for production of solid rocket motors, giving Lockheed access to a share of Avio's merchant SRM supply capacity. Initial work after qualification will focus on SRMs for the Extended Range GMLRS and Precision Strike Missile programs, produced at Avio USA's new facility in Hurt, Virginia. Avio has invested over $500M in new U.S.
Key figures
- Avio us investment
- $500M
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