Avio: cooperation agreement with Lockheed Martin on production at a new US plant

It guarantees capacity allocation for two rocket programmes

(Il Sole 24 Ore Radiocor) - Avio and Lockheed Martin have signed a strategic cooperation agreement for the production of solid-propellant engines, one year on from the first term sheet between the two groups regarding the operations of the Italian company’s future plant in Hurt, Virginia.
The agreement guarantees Lockheed Martin access to a portion of Avio’s production capacity available on the market, earmarked for the engines for the Extended Range GMLRS and Precision Strike Missile rockets developed by the US group.

According to a press release, the agreement will enable Lockheed Martin

"flexibility and security of supply within the crucial solid-propellant rocket motor (SRM) supply chain, to meet growing customer demand and ensure uninterrupted operational readiness across global operations". The initiative enables the US group to “respond nimbly to increased production requirements” and to accelerate the production of ER GMLRS and PrSM “by making larger volumes of munitions available more quickly to support military operators and combat commands”. Avio has recently commenced work on the plant, which is due to be completed by the end of 2028.

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