Avio Financials Boosted by EU Covid Recovery Funds and Missile Contracts

Published by European Spaceflight on 09/08/2023 UTC

Avio has reported revenues of €157.6 million for the first half of 2023, an increase of 17.7% from the same period last year. The company attributed the positive performance to increased development activities for its Recovery and Resilience Plan (RRP) projects, which are funded by EU Covid recovery funds, and production activities for tactical propulsion […]
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