JAKARTA — Orbital rocket and tactical defense propulsion hardware manufacturer Avio SpA reported a 19% increase in revenue and a 30% increase in EBITDA for the three months ending March 31 as both its space and defense businesses continued their growth.
Italy-based Avio, which is prime contractor for Europe’s medium-lift Vega C rocket and a supplier of the heavy-lift Ariane 6 rocket’s strap-on boosters, is benefiting from its decision to build a solid-propulsion missile facility in the United States.
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