AVIO SPA

Company description:

On 1 August 2013, the Company business unit of Avio S.p.A. relative to the design, development and manufacture of accessory drive trains and power transmissions, low-pressure turbines, combustors, afterburners, subsystems and MRO and CRO activities for civil and military aeronautical engines, was sold to Nuovo Pignone Holding S.p.A. (General Electric Group), which makes up an integral part of the GE Aviation activities. All the business activities of Avio S.p.A. relative to the design, development and manufacture of propulsion systems for space launchers and tactical missiles, as well as the development, integration and production of the new European launcher Vega, remain the property of Avio S.p.A.