Raytheon, Avio Sign MoU to Establish New Solid Rocket Motor Facility in the US

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.