WASHINGTON — Satellite launch vehicle and missile manufacturer **Avio SpA** reported a 30% increase in revenue, a 20% increase in EBITDA and a 27% increase in backlog in 2024 and said growth would continue but more moderately in 2025 as it ramps launches of its Vega-C medium-lift rocket.
Italy-based Avio is Vega-C’s prime contractor and is assuming the role of the vehicle’s launch service provider, taking over from **Arianespace**. Avio has said its goal is to increase its Vega program profitability by taking full . . .
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Peter B. de Selding is Co-Founder and Editor of SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is a must read for space executives. Follow Peter @pbdes
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