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Avio

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post-war period. The development of a gas turbine was started up through a collaboration agreement stipulated with Westinghouse in 1954. Avio's experience in this field, combined with the increased availability of methane gas, enabled the development and manufacture of several electric power generation plants in Italy and abroad.
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The main programme Avio is working on is the European Vega light-lift launcher. The rocket consists of four stages, the first three equipped with solid propellant motors and the last one using liquid propulsion. It is about 30 metres high overall, with a maximum diameter of 3 metres. The maximum load
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The BPD industrial plants were established 50 km from Rome, along the railway line for Cassino, due to the initiative of the engineer Leopoldo Parodi – Delfino, supported by Senator Giovanni Bombrini, and the resolution of the State to provide the country with an independent production capacity
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Fiat started the study of marine engines in 1903. Beginning from 1926, with engineer Giovanni Chiesa, the manufacture with engines with 750mm-diameter cylinders, the maximum diameter permitted by technologies of the time, which increased engine power up to 4,500HP. In 1971, production began on large
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On April 1, 2017, Avio officially carried out the merger with Space2 and obtained the necessary clearance from Consob for admission to the Milan Stock Exchange. In particular, the incorporation of Avio into Space2 took place with the acquisition of 85.68% of Avio's share capital by Space2, Leonardo
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As regards the new European medium-heavy Ariane 6 launcher, Avio is responsible for the P120C solid-propellant motor (common to the first stage of the Vega C), which will act as a booster for the launcher (in dual configuration for the medium Ariane 62 version and in quadruple configuration for the
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Within the programme, Avio has been involved in the development and production of boosters and stage separation motors since the 1970s. Currently, for the Ariane 5 programme, it is acting as subcontractor for the development and production of the liquid-oxygen turbopump for the Vulcain 2 engine and
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In December 2012, it was announced that an agreement had been signed for the acquisition by General Electric of the aeronautical division of Avio Spa. The purchase was finalized on 1 August 2013 for a cost of €3.3 billion and determined the split between Avio's space division, which continues to be
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In 2003, the Fiat Group, struggling with the crisis in the automobile sector, sold Fiat Avio S.p.A. to a consortium formed by the US fund The Carlyle Group (70%), and Finmeccanica S.p.A. (30%), which beat off competition from French company Snecma. Fiat Avio was valued at the timea at €1.5 billion,
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The company is active in the field of technological research. It carries out projects in collaboration with 14 Italian and 10 foreign universities and research centres, which are aimed at the continuous improvement of product and process technologies. It also undertakes the research of solutions in
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In October 2013, Avio signed a contract with MBDA, a European consortium engaged in the construction of missiles and missile defence technologies, for the design and production of the engine of the Camm ER (Common Anti-air Modular Missile Extended Range). Avio is also responsible for the engine of
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The success of the gas turbines led to the decision to leave the segment of large diesel engines in order to focus on this. In 1973, Fiat set up the company Turbomeccanica Turbogas (TTG), focusing entirely on the Turin Company's activities in the energy sector. In 1986, Fiat Aviazione incorporated
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On 10 April 2017, the listing on the stock exchange took place. As a result of the transaction Leonardo Finmeccanica increased its shareholding (from 14% to about 28%); more than 40 managers also joined the shareholding structure with a stake of about 4% through the corporate vehicle InOrbit srl.
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In Turin, besides aircraft engines, and along the lines of the internal-combustion engine, Fiat diversified production with the construction in 1909 of Fiat San Giorgio for marine diesel engines, the area from which activities in the field of industrial engines for electric power generation later
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Avio has thus been able to set out on the road of growing internationalisation, placing itself among the major world players in the field of the design and production of components and modules for aerospace propulsion. The foundation of AvioPolska in 2001, was followed in 2005 by the creation of
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In 1927, the BPD Test Centre started to experiment on the first rockets powered by chemical powder. After the Second World War, on the initiative of Francesco Serra di Cassano, son-in-law and successor to BPD's founder, mechanical production, which had been started up in the 1930s for munitions
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The Vega's maiden flight took place in February 2012. Following the success of this first launch, the project has grown in importance and the launcher has made eighteen flights, putting various types of cargo into orbit, including numerous microsatellites for various private, institutional and
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began around the industrial site and was elevated to a municipal district in 1935 by Royal Decree. The town grew in correlation with the production activities of BPD that, from explosives, extended to several chemical products derived for agricultural and industrial uses. The production plants
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decided to design and produce an airplane engine, the SA 8/75, derived from racing cars. The first mass-produced engine produced by Fiat was the A10. 1,070 units were created between 1914 and 1915: at this point the pioneer age had come to an end and the company decided to design and construct
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Starting from the 1930s, a strategy of diversification, which derived from engines produced for ships and submarines, led Avio entering the field of railway diesel engines, while the first engines for the production of electric energy for industrial use had been experimented with in the early
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The company currently operates in Italy and abroad at its headquarters in Colleferro (Rome), and has other branches in Campania (Airola in the province of Benevento), Piedmont (Rivalta in the province of Turin) and France (Metropolitan and French Guiana) with a total of about 1000 employees.
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The Space Rider programme envisages the construction of a reusable space module launched by the Vega C launcher capable of orbiting the Earth for weeks and then re-entering the Earth's surface by landing on an airstrip. The programme, currently still in the research and development phase, is
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activities, was developed and expanded. The Test Centre intensified experimentation on propellants, beginning with the launching of multi-stage sounding rockets for research in the upper atmosphere, produced at the Salto di Quirra military firing range in Sardinia, in the early 1960s.
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The aeronautical field began in Brindisi with the SACA Company. Gradually, other companies began such as the CMASA di Marina Company in Pisa, founded in 1921 by German design engineer Claude Dornier, in collaboration with Rinaldo Piaggio and Attilio Odero.
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The Ariane programme was born in the early 1970s with the objective of building space launchers optimised for geostationary transfer orbits under the sponsorship of the ESA and the Ariane Group, which plays the role of prime contractor in this project.
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Vega E, for which preliminary study activities started up and the first tests were conducted on a prototype of the M10 liquid oxygen-methane engine at a reduced scale in 2018 and a full-scale prototype in 2020. The qualification launch is scheduled for
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In 1968, the SNIA Viscosa Company took over BPD, which became SNIA-BPD. In 1975, under this company configuration, ESA initially gave the BPD branch of SNIA the task of developing and producing the separation motors of the European
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Towards the beginning of 2020, the company announced the start of the construction of the Space Propulsion Test Facility at Perdasdefogu, a firing range with test bench where future liquid propellant engines will be tested.
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Avio S.p.A. was then held by the sole shareholder BCV Investments S.C.A., a company under Luxembourg law that was mainly owned by funds traceable to the British company Cinven Limited (85%) and a company belonging to
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Avio will participate in the ESA's HERA mission, which foresees the study of an asteroid with the ultimate goal of developing a space defence system against possible future asteroid impacts on the Earth's surface.
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targeting 2023 for the first mission. The Space Rider programme originated at the ESA Ministerial Conference in 2014, and sees Avio in the role of Co-Prime Contractor together with Thales Alenia Space.
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from Finmeccanica was key to a national strategic project aimed at reducing the excessive fragmentation of the Italian companies and at increasing competitiveness through more systematic synergies.
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ensued. In Colleferro (Rome), the Bombrini Parodi-Delfino-BPD Company, established in Genoa in 1912, started manufacturing explosives and chemical products, from which the space segment originated.
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order to reduce the environmental impact of aircraft engines, in conformity with the objectives of consumption and emissions reduction dictated, within the European area, by the ACARE body.
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G aircraft. With the name change of the Fiat Aviazione to Fiat Avio in 1989, the company collaborated on the design and manufacture of propulsion systems for, among the others, the
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government customers. With the VV04 mission, Vega put the IXV (Intermediate eXperimental Vehicle), a prototype of the European reusable Space Rider, into a sub-orbital trajectory.
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TTG, and developed the activities until 2001, when it was made over to Siemens, changing the marine and industrial activities to the development of aeroderivative turbines.
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3% of shares in the French company Arianespace, European launch service provider, responsible for the sale and management of the European Vega and Ariane launchers.
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diesel engines in Trieste, in a new factory established through a collaboration agreement with the state company IRI (Institute for Industrial Reconstruction).
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60% of Regulus, a company incorporated under French law that is responsible for the loading of solid propulsion motors at the space base in French Guiana;
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In 1990, SNIA sold the BPD branch to the Gilardini Company, which was bought by Fiat Aviazione in 1994. From 1989 Fiat Aviazione became FiatAvio S.p.A.
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Giulio Ranzo has held the role of chief executive officer since 2015, while Roberto Italia holds the role of chairman of the board of directors.
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Avio were present in the development and manufacture of engines for the production of electric energy, having developed large engines for ships.
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50% of Europropulsion, a joint venture with ArianeGroup, responsible for the integration of European launchers in French Guiana;
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complete aircraft. Thus in 1916 the Società Italiana Aviazione was founded, changing its name in 1918 to Fiat Aviazione.
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Within the Vega programme, Avio is currently prime contractor for the production of the new-generation light launchers:
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70% of SpaceLab, a Joint Venture with the Italian Space Agency (ASI) for the development of new propulsion systems;
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owned by Cinven and Leonardo, and the company's aviation division, which took the name Avio Aero and thus became a
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boosters. The Ariane take-off motors have been completed now for over twenty years at the launch site in
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solid propellant propulsion systems for tactical missiles (Aster 30, Aspide, Marte and Camm-ER);
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the P230 solid-propellant engine, the booster used as the first stage in a dual configuration.
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announced the acquisition of Avio S.p.A. from Carlyle for a total value of €2.57 billion.
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solid and liquid propellant propulsion systems for the Ariane 5 and Ariane 6 programmes;
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In 1908, aeronautical production was in its early stages in Turin, Italy. At that time
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heavy Ariane 64 version), and the liquid-oxygen turbopump (LOX) for the Vinci motor.
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developed and expanded attracting labour, and the company provided for social works.
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it can carry is 1,500 kg in polar orbit at an altitude of about 700 km.
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In 1966, following its success with the rockets, BPD entered into a contract with
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S.p.A. and In Orbit s.r.l.. The company subsequently took the name Avio S.p.A.
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Among others, Avio holds control or shareholdings in the following companies:
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satellite launcher, and in 1984, the contract for the manufacture of the
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in the military sector, and Boeing and Airbus in the commercial one.
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in the Star segment: in 2018 it had revenues of 388.7 million euros.
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Aerospace, Aeronautical, Defence, Space, Marine, Electronics, Energy
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For the comune in the autonomous province of Trento in Italy, see
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and sub-contractor for the Ariane program, both financed by the
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Fiat took on the role of Italian prime contractor for the NATO
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Situated in a poor region of Roman countryside, the town of
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design, development and production of space launchers (the
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Solid-propellant propulsion systems for tactical missiles
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The maiden launch of Ariane 6 took place on 9 July 2024.
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Vega C, whose qualification launch is scheduled for 2022;
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solid-propellant motors for space and tactical propulsion
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DutchAero, with the acquisition of Phillips Aerospace.
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Avio is Prime Contractor for the new European launcher
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In 1997, the acquisition of the controlling stake in
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liquid propellant propulsion systems for satellites;
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electronic/electrical control and automation systems
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Unsourced material may be challenged and 45: 38: 1404:Aircraft component manufacturers of Italy 826:Subsidiaries, Joint-Ventures and holdings 782:Learn how and when to remove this message 707:Learn how and when to remove this message 613:Learn how and when to remove this message 380:Development of explosives and propellants 360:Development of large engines and turbines 907: 269:is an Italian company operating in the 1439:Manufacturing companies based in Turin 1409:Aircraft engine manufacturers of Italy 1072:: CS1 maint: archived copy as title ( 1065: 1464:Italian companies established in 1908 7: 1459:Rocket engine manufacturers of Italy 923:"Relazione Finanziaria Annuale 2022" 760:adding citations to reliable sources 685:adding citations to reliable sources 591:adding citations to reliable sources 485:and changed its name to Avio S.p.A. 166:Space propulsion and launch vehicles 1454:Private equity portfolio companies 25: 488:In August 2006, the British fund 424:, under the subsidiary companies 1368: 873:Main sectors of activities are: 732: 657: 563: 244: 243: 215: 214: 195: 194: 175: 174: 555:Ariane 5 and Ariane 6 launchers 525:Vega launcher on the launch pad 273:sector with its head office in 1: 813:Listing on the Stock Exchange 1212:"SPACE2 Porta avio in borsa" 105:; 116 years ago 1414:The Carlyle Group companies 1112:"Avio Stock Market Summary" 881:launcher and its evolution 1480: 1419:Defence companies of Italy 1340:"Propulsion System | Avio" 442: 29: 1424:Gas turbine manufacturers 897:research and development. 865:Production and activities 135:Metropolitan City of Rome 44: 27:Italian Aerospace Company 1389:Official site (English) 1384:Official site (Italian) 385:in the chemical field. 1198:1 January 2011 at the 642: 526: 326:Avio is listed on the 640: 524: 406:European Space Agency 302:European Space Agency 1028:on 17 September 2010 856:SPTF at Perdasdefogu 756:improve this section 681:improve this section 587:improve this section 504:The spin-off in 2012 328:Milan stock exchange 311:Avio has 5 sites in 1194:fiatgroup.com 2003 1098:businessinsider.com 724:Other space systems 641:Ariane 5 at liftoff 439:Aviation activities 404:(forerunner of the 239:Number of employees 41: 1192:Cessione Fiat Avio 1134:marketscreener.com 984:on 26 October 2010 643: 527: 517:From 2012 to today 432:, set up in 1988. 339:Early 20th century 222:1.3 million (2022) 202:2.2 million (2022) 182:357 million (2022) 792: 791: 784: 717: 716: 709: 623: 622: 615: 530:The Vega launcher 476:From 2000 to 2011 264: 263: 16:(Redirected from 1471: 1378: 1376:Companies portal 1373: 1372: 1371: 1355: 1354: 1352: 1350: 1336: 1330: 1329: 1327: 1325: 1311: 1305: 1304: 1302: 1300: 1286: 1280: 1279: 1277: 1275: 1261: 1255: 1254: 1252: 1250: 1236: 1230: 1229: 1227: 1225: 1216: 1208: 1202: 1189: 1180: 1167: 1166: 1164: 1162: 1157:on 7 August 2011 1153:. 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Teleborsa. 872: 868: 859: 851: 829: 820: 816: 807: 804:HERA mission 798: 778: 769: 754:Please help 742: 718: 703: 694: 679:Please help 667: 644: 632: 628: 624: 609: 600: 585:Please help 573: 541: 537: 533: 507: 494: 487: 483: 479: 467: 452: 434: 410: 399: 395: 387: 383: 374: 370: 366: 363: 354: 350: 342: 325: 310: 306: 295: 266: 265: 152:Ranzo Giulio 126:Headquarters 54:Company type 36: 1319:www.esa.int 1244:www.esa.int 795:Space Rider 511:GE Aviation 267:Avio S.p.A. 90:Predecessor 40:Avio S.p.A. 18:Avio S.p.A. 1398:Categories 902:References 848:Management 390:Colleferro 275:Colleferro 209:Net income 147:Key people 131:Colleferro 1224:30 August 1161:25 August 743:does not 668:does not 574:does not 449:Aeritalia 271:aerospace 94:Fiat Avio 66:Traded as 1344:Avio.com 1315:"Vega-E" 1294:Avio.com 1269:Avio.com 1196:Archived 1068:cite web 964:avio.com 418:Ariane 5 258:avio.com 163:Products 82:Industry 1349:21 June 1324:21 June 1299:21 June 1274:21 June 1249:21 June 764:removed 749:sources 689:removed 674:sources 595:removed 580:sources 500:(15%). 463:Harrier 430:Regulus 334:History 304:(ESA). 253:Website 171:Revenue 108: ( 100:Founded 76:{{{2}}} 74::  1240:"Vega" 1151:"AVIO" 1058:28 May 1032:28 May 1022:"AVIO" 988:28 May 978:"AVIO" 883:Vega C 490:Cinven 414:Ariane 317:France 58:Public 1215:(PDF) 946:(PDF) 926:(PDF) 550:2025. 455:F-104 313:Italy 283:Italy 277:near 233:(30%) 227:Owner 140:Italy 120:Italy 116:Turin 114:, in 1351:2021 1326:2021 1301:2021 1276:2021 1251:2021 1226:2023 1163:2011 1074:link 1060:2010 1034:2010 990:2010 879:Vega 747:any 745:cite 672:any 670:cite 578:any 576:cite 461:and 447:and 428:and 402:ELDO 345:Fiat 319:and 298:Vega 279:Rome 110:1908 103:1908 758:by 683:by 589:by 156:CEO 72:BIT 1400:: 1342:. 1317:. 1292:. 1267:. 1242:. 1217:. 1184:^ 1171:^ 1142:^ 1132:. 1114:. 1096:. 1070:}} 1066:{{ 1006:. 962:. 934:^ 910:^ 885:); 315:, 281:, 138:, 133:, 118:, 1353:. 1328:. 1303:. 1278:. 1253:. 1228:. 1165:. 1118:. 1076:) 1062:. 1036:. 992:. 966:. 785:) 779:( 774:) 770:( 766:. 752:. 710:) 704:( 699:) 695:( 691:. 677:. 616:) 610:( 605:) 601:( 597:. 583:. 220:€ 200:€ 180:€ 158:) 154:( 112:) 34:. 20:)

Index

Avio S.p.A.
Avio, Trentino

Public
Traded as
BIT
{{{2}}}
Fiat Avio
Turin
Italy
Colleferro
Metropolitan City of Rome
Ranzo Giulio
CEO

Operating income

Net income

Leonardo S.p.A.
avio.com
aerospace
Colleferro
Rome
Italy
Vega
European Space Agency
Italy
France
French Guiana

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