Avio publishes investor presentation on space launch and defense propulsion growth strategy

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Avio outlined a mid-term ramp in space launch and defense propulsion, targeting about 2.5x Ariane booster output and about 7x defense SRM tonnage.
US expansion centered on a greenfield solid rocket motor plant in Virginia, funded by a EUR 400 million capital increase completed in November 2025.
US site purchase completed; procurement started; production start targeted for 2028 with capacity up to 700 tons of propellant annually.
FY 2026 guidance: backlog EUR 2 billion to EUR 2.1 billion; net revenues EUR 560 million to EUR 590 million.
FY 2026 guidance: reported EBITDA EUR 27 million to EUR 35 million; net income EUR 8 million to EUR 13 million.

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