🟢 Avio is trading 5% up today after Lockheed Martin solid rocket motor production agreement

Avio is trading at €29.99 (+5.34%) after coverage identified its Lockheed Martin cooperation agreement as the catalyst.

• Announced October 13, the agreement covers solid rocket motors for the Extended Range GMLRS and Precision Strike Missile programs.
• Production is planned at Avio USA’s Virginia facility; Avio could become a supplier after qualification.
• No trading-volume data is available, so activity levels cannot be assessed.