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Solvay signed a long-term agreement with Avio to supply advanced composite and adhesive materials for use across Vega space programs and other satellite launch vehicles.
GE Aviation completed the $4.3 billion acquisition of the aviation business of Avio S.p.A., which has been renamed Avio Aero, a GE Aviation business. Avio Aero will retain its headquarters in Turin, Italy.
Toray has signed a long-term contract with Italian aerospace company Avio to supply carbon fiber for rocket motor cases from 2017 up to 2027. The order value is several billion yen.