Avio Partners With Raytheon (RTX) to Build a More Resilient U.S. Defense Industrial Base for Solid Rocket Motor Production

URLhttps://www.morningstar.com/news/accesswire/892697
SourceMorningstar
Date Published07/25/2024

Additional Reshoring Information:

Company/Division name Avio
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Country(ies) from which reshored:Italy
City reshored to:Arlington
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredsolid rocket motors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Manufacturing/engineering joint innovation (R&D)
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