Avio S.p.A. (IT:AVIO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Avio USA, a subsidiary of Avio S.p.A., is partnering with ACMI Properties to design a new solid propulsion engine production plant in the U.S., aiming to meet growing aerospace and defense demands. This initiative is set to boost Avio’s presence in the U.S. market, create high-paying jobs, and strengthen the country’s industrial base. The plant will cater to defense, space exploration, and commercial aerospace needs, with site selection expected by mid-2025.
For further insights into IT:AVIO stock, check out TipRanks’ Stock Analysis page.
