Avio S.p.A. is an Italian aerospace engine manufacturer. Formerly owned by FIAT S.p.A. and named FiatAvio, it is now owned by Cinven (85%), Finmeccanica (15%). Avio chiefly serves as a subcontractor to first-tier jet engine manufacturers, or in a partnership role in consortia.
At the end of 2006, Finmeccanica succeeded in selling its 30% share of the company to Cinven (private equity investment firm) for a total of €432,000,000, with reports that it then reacquired 15% of the company for €130,000,000[1].
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Products
Civil
- GE90, subcontracting to General Electric.
- GEnx, subcontracting to General Electric.
- T700, subcontracting to General Electric.
- Trent 900, subcontracting to Rolls-Royce.
- PW150, subcontracting to Pratt & Whitney Canada.
- PW308, subcontracting to Pratt & Whitney Canada.
- PW625, subcontracting to Pratt & Whitney Canada.
- PW800, subcontracting to Pratt & Whitney Canada.
Military
- TP400,subcontracting to Rolls-Royce.
- Spey, subcontracting to Rolls-Royce.
- T700, subcontracting to General Electric.
- F119, subcontracting to Pratt & Whitney.
- RB199, as part of the Turbo-Union consortium.
- EJ200, as part of the Eurojet consortium.
- Auxiliary power units
Space
- Ariane III (with SNECMA and SME)
- Ariane IV (with SNECMA and SME)
- Ariane V (with SNECMA and SME)
- Vega
Marine
Galileo Avionica
This unit produces various electronics products. In 2006, it gained a €70 million contract to provide 50 Mirach 100/5 to the United Kingdom's Ministry of Defence for its Combined Aerial Target Services program[1].
References
- ^ a b "Stake Out", Aviation Week & Space Technology, January 1, 2007.
External links
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