Raytheon, an RTX business, signed a Memorandum of Understanding on Monday to help Avio establish a solid rocket motor (SRM) facility in the U.S., 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 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.