Avio Plans US Market Expansion with New Facility by 2028
Avio aims to expand operations in the US, supported by a new industrial facility set to be operational by the end of 2028. The company has secured partnerships with key defense players, including the US Army, Raytheon, and Lockheed Martin.
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Avio's new industrial facility in the US is expected to be operational by the end of 2028, with product qualification already underway through agreements with the US Army, Raytheon, and Lockheed Martin. In preparation for the upcoming shareholders' meeting on April 28, management proposes a board renewal list backed by investment vehicles InOrbit and Rbc, supported by Leonardo through a shareholders' agreement.
This initiative aims to ensure managerial continuity after three years of strong growth and to facilitate further expansion, particularly in the US market. The involvement of US-based Wcm Investment Management and Italian fund Plenisfer, along with Anthilia and Delfin, indicates robust investor support.
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