Avio

For the comune in the autonomous province of Trento in Italy, see Avio, Trentino.

Avio S.p.A.
Company typePublic
BIT: {{{2}}}
IndustryAerospace, Aeronautical, Defence, Space, Marine, Electronics, Energy
PredecessorFiat Avio
Founded1908; 116 years ago (1908), in Turin, Italy
Headquarters
Colleferro, Metropolitan City of Rome
,
Italy
Key people
Ranzo Giulio (CEO)
ProductsSpace propulsion and launch vehicles
RevenueIncrease €357 million (2022)[1]
Decrease € 2.2 million (2022)[1]
Decrease € 1.3 million (2022)[1]
OwnerLeonardo S.p.A. (30%)[1]
Number of employees
Increase 1216 (June 2023)[2]
Websiteavio.com

Avio S.p.A. is an Italian company operating in the aerospace sector with its head office in Colleferro[3] near Rome, Italy. Founded in 1908, it is present in Italy and abroad with different commercial offices and 10 production sites. Avio operates in:

  • solid-propellant motors for space and tactical propulsion
  • electronic/electrical control and automation systems[4]

Avio is Prime Contractor for the new European launcher Vega and sub-contractor for the Ariane program, both financed by the European Space Agency (ESA).[5]

The company is active in the field of technological research. It carries out projects in collaboration with 14 Italian and 10 foreign universities and research centres, which are aimed at the continuous improvement of product and process technologies. It also undertakes the research of solutions in order to reduce the environmental impact of aircraft engines,[6] in conformity with the objectives of consumption and emissions reduction dictated, within the European area, by the ACARE body.[7][8]

Avio has 5 sites in Italy, France and French Guiana, and employs around 1200 people,[2] about 30% of whom work in research and development.[9]

Avio is listed on the Milan stock exchange in the Star segment:[10] in 2018 it had revenues of 388.7 million euros.[11]

  1. ^ a b c d "Relazione Finanziaria Annuale 2022" (PDF). Teleborsa.
  2. ^ a b "Relazione Finanziaria Semestrale al 30 giugno 2023" (PDF). Teleborsa.
  3. ^ "Who we are". avio.com.
  4. ^ "AVIO". Archived from the original on 26 October 2010. Retrieved 28 May 2010.
  5. ^ "ESA Approval Paves Way for Ariane 6, Vega-Contracts". spacenews.com. 17 July 2015.
  6. ^ "AVIO". Archived from the original on 17 September 2010. Retrieved 28 May 2010.
  7. ^ "Archived copy". Archived from the original on 12 June 2010. Retrieved 28 May 2010.{{cite web}}: CS1 maint: archived copy as title (link)
  8. ^ [Avio Group 2009 Consolidated Financial Statements]
  9. ^ "Avio 2018 Results: Revenue, Net Profit and Cash Growth Continues". businessinsider.com. 15 March 2019.
  10. ^ "Avio Stock Market Summary". borsaitaliana.it.
  11. ^ "AVIO SPA : Financial Data Forecasts Estimates and Expectations". marketscreener.com. 9 May 2024.