RTX's Raytheon, Avio sign MoU to establish new solid rocket motor facility in the U.S.

RTX's Raytheon, Avio sign MoU to establish new solid rocket motor facility in the U.S.

Facility will be instrumental in meeting growing demand

- Raytheon, an RTX (NYSE: RTX) business, has signed a Memorandum of Understanding to help Avio establish a state-of-the-art solid rocket motor (SRM) facility in the United States, serving Raytheon and other customers as a vertically integrated merchant supplier. Raytheon will have preferred access to a share of the Avio plant production capacity to meet future demand.

This strategic partnership marks another significant milestone in the collaboration between the two companies, building on a contract signed in July 2024 for preliminary engineering work on the Mk 104 rocket motor and a recent purchase order to fund through Critical Design Review and procurement of long lead material for qualification.

"This agreement will help establish an additional supplier of solid rocket motors within the U.S. and demonstrates our commitment to meeting the increasing demands of our customers," said Bob Butz, vice president of Operations, Supply Chain and Quality at Raytheon. "By leveraging Avio's experience and unique capabilities in solid rocket motor propulsion development and manufacturing, we're strengthening our capacity for critical weapon systems."

The new Avio facility will be instrumental in meeting the growing demand for advanced SRMs and will contribute to the continued success of both companies in delivering high-quality defense products. Avio and Raytheon are committed to working together to ensure the successful implementation of this initiative and to support the defense needs of the United States and its allies.

"We are proud to be partnered with Raytheon for their future production capacity needs at our new factory facility. We look forward to leveraging the incredible pedigree and experience of our parent company Avio S.p.A. as we build our factory and establish in the U.S. as a true vertically integrated merchant supplier," said VADM Ret. Jim Syring, CEO of Avio USA.

About Raytheon

Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX

RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

Avio is a leading international group engaged in the manufacturing and development of space launchers and solid, liquid and cryogenic propulsion systems. The experience and know-how built up over more than 50 years puts Avio at the cutting-edge of the space launcher sector and defense program. Avio is present in Italy, France, United States and French Guyana, employing more than 1500 highly qualified personnel. Avio is the prime contractor for the Vega program and a sub-contractor for the Ariane program, as well as a leading solid rocket motor subcontractor for the design and manufacturing of major European tactical missile programs.

Avio USA Inc. is a subsidiary of Avio S.p.A. with its headquarters in Arlington, Virginia. Avio USA is structured to operate in compliance with US security and export-control regulations and is governed by a US-led board of directors. The CEO of Avio USA is retired US Navy Vice Admiral James Syring, former Director of the US Missile Defense Agency.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-avio-sign-mou-to-establish-new-solid-rocket-motor-facility-in-the-us-302609316.html

SOURCE RTX

News Provided by PR Newswire via QuoteMedia

RTX
The Conversation (0)
SAGA Metals Updates On Rio Tinto's Field Progress at Optioned Legacy Lithium Project

SAGA Metals Updates On Rio Tinto's Field Progress at Optioned Legacy Lithium Project

VANCOUVER, British Columbia, Feb. 25, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) , a North American exploration company focused on critical mineral discovery, is pleased to provide an update on the 2024 field program at the Legacy... Keep Reading...
  Charger Metals

Drilling Commences at Lake Johnston

Charger Metals NL (ASX: CHR, “Charger” or the “Company”) is pleased to announce that RC drilling is underway at its Lake Johnston Lithium Project (“Lake Johnston”), in Western Australia. This work is being funded by Rio Tinto Exploration Pty Limited (“RTX”) pursuant to RTX’s farm-in agreement... Keep Reading...
NVIDIA Brings AI Assistants to Life With GeForce RTX AI PCs

NVIDIA Brings AI Assistants to Life With GeForce RTX AI PCs

COMPUTEX -- NVIDIA today announced new NVIDIA RTX ™ technology to power AI assistants and digital humans running on new GeForce RTX ™ AI laptops. NVIDIA unveiled Project G-Assist — an RTX-powered AI assistant technology demo that provides context-aware help for PC games and apps. The Project... Keep Reading...
NVIDIA Releases Digital Human Microservices, Paving Way for Future of Generative AI Avatars

NVIDIA Releases Digital Human Microservices, Paving Way for Future of Generative AI Avatars

COMPUTEX -- NVIDIA today announced the general availability of NVIDIA ACE generative AI microservices to accelerate the next wave of digital humans, as well as new generative AI breakthroughs coming soon to the platform. Companies in customer service, gaming and healthcare are the first to adopt... Keep Reading...
NVIDIA Announces Financial Results for First Quarter Fiscal 2025

NVIDIA Announces Financial Results for First Quarter Fiscal 2025

Record quarterly revenue of $26.0 billion, up 18% from Q4 and up 262% from a year ago Record quarterly Data Center revenue of $22.6 billion, up 23% from Q4 and up 427% from a year ago Ten-for-one forward stock split effective June 7, 2024 Quarterly cash dividend raised 150% to $0.01 per share on... Keep Reading...
Hand pointing at glowing sun over rising stock chart, cityscape background.

Tech Weekly: S&P 500 Closes Near Record Ahead of Fed Interest Rate Decision

Welcome to the Investing News Network's weekly brief on tech news and tech stocks driving the markets. We also break down next week's catalysts to watch to help you prepare for the week ahead.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Meagen... Keep Reading...
Homerun Resources Inc. Announces Engagement of Jiri Skopek as Corporate Development Advisor for the Strategic Commercialization of the Enduring Long Duration Energy Storage System Integrated with "The Hub" AI Energy Management Platform

Homerun Resources Inc. Announces Engagement of Jiri Skopek as Corporate Development Advisor for the Strategic Commercialization of the Enduring Long Duration Energy Storage System Integrated with "The Hub" AI Energy Management Platform

Homerun Energy USA, Inc. ("Homerun" or the "Company") a newly formed 100% owned subsidiary of Homerun Resources, Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) is pleased to announce the engagement of Jiri Skopek as Corporate Development Advisor for the strategic development and commercialization of... Keep Reading...
Homerun Resources Inc. Executes NREL Enduring Thermal Energy Storage Global Intellectual Property Agreement Including New Patent Application and EMS Integration

Homerun Resources Inc. Executes NREL Enduring Thermal Energy Storage Global Intellectual Property Agreement Including New Patent Application and EMS Integration

KEY POINTSHomerun Energy USA, Inc. has executed a global Intellectual Property Agreement, or option agreement, with Alliance for Sustainable Energy LLC., the manager and operator of the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) covering the intellectual property... Keep Reading...
Canadian flag graph with fluctuating stock market chart.

Will Canada’s 2025 Budget Boost Productivity? Experts Weigh In

Canada’s 2025 federal budget arrives at a pivotal moment for the country’s economic trajectory. Facing a decades-long productivity challenge, the government aims to reinvigorate growth through carefully targeted investment incentives and strategic reforms.Rather than broad fiscal stimulus, the... Keep Reading...
Homerun Resources Inc. Announces Listing of Its Shares on Tradegate Exchange in Germany Increasing European and International Market Liquidity

Homerun Resources Inc. Announces Listing of Its Shares on Tradegate Exchange in Germany Increasing European and International Market Liquidity

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that its common shares have commenced trading on the Tradegate Exchange in Germany, one of Europe's most liquid retail-focused trading platforms, significantly expanding the Company's... Keep Reading...
2025 AGM - Chairman's Address

2025 AGM - Chairman's Address

Provaris Energy (PV1:AU) has announced 2025 AGM - Chairman's AddressDownload the PDF here. Keep Reading...

Latest Press Releases

Related News