RICHMOND Va. — A global aerospace company is preparing to build a large-scale rocket motor manufacturing facility in Virginia according to reports released by the Office of Governor Glenn Youngkin. Avio USA Inc., the American subsidiary of Avio S.p.A. based in Italy,… The post GOVERNOR YOUNGKIN ANNOUNCES AVIO USA TO BUILD SOLID ROCKET MOTOR FACILITY IN VIRGINIA appeared first on TV Delmarva Channel 33.
RICHMOND Va. — A global aerospace company is preparing to build a large-scale rocket motor manufacturing facility in Virginia according to reports released by the Office of Governor Glenn Youngkin. Avio USA Inc., the American subsidiary of Avio S.p.A. based in Italy, has selected the Commonwealth for an 860,000 square foot operation intended to support both defense propulsion and commercial space programs. State officials reported that the project represents an investment of up to approximately $500 million. The company’s parent organization recently completed a 400-million-euro capital raise that is expected to support the development of the site. Final approvals and the specific location of the facility are expected early next year.
According to the release, state leaders view the project as a significant addition to Virginia’s aerospace and defense sector. Officials stated that the planned factory will expand the nation’s solid rocket motor production capacity at a time when demand for tactical and strategic propulsion systems continues to grow. Avio USA is operating under a Special Security Agreement with the Department of War and established its U.S. headquarters in Arlington in 2022 to serve the North American market. The company’s global footprint includes locations in Italy, France, the United States, and the European Spaceport in French Guiana. State officials reported that the planned facility is expected to bring highly skilled jobs, advanced manufacturing capabilities, and long-term economic growth to the region. The project will undergo additional state and local review before construction begins, and further updates are expected once the site selection is finalized.
Photo: Virginia.gov
The post GOVERNOR YOUNGKIN ANNOUNCES AVIO USA TO BUILD SOLID ROCKET MOTOR FACILITY IN VIRGINIA appeared first on TV Delmarva Channel 33.
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