Yesterday, EADS-Space Transportation and EUROPROPULSION (50% Avio and 50% Safran) signed a contract for the production of 30 pairs of boosters for the European Ariane 5 Launcher.
The contract has a total value of about EUR 900 million, of which EUR 400 million is part of a subcontract with Avio for the production of components of cutting-edge technology for the boosters, such as the solid-fuel propellant, thermal protection and igniters. Avio has the complete responsibility for the performance of the boosters, which guarantee 90% of the thrust at launching and for over two minutes until their release, which takes place at a height of 65 km and a speed of Mach 3.
“This, for Avio, is the most important contract regarding the space activities, during the last few years,” said Pier Giuliano Lasagni, Head of Avio’s Space Division. “This signing ensures the Ariane production over the next five years, starting from the January launch, and an important confirmation of the confidence in the commercial success of Ariane 5.”
This success represents a certainty and an assurance for those who build the future of the European launcher. A closer future thanks to the decision of the Member Countries of the ESA who approved important financing for the new launchers during the recent interministerial conference.
An important year-end for the launchers sector: last night the Ariane 5 was successfully launched from the Kourou base in French Guyana. It was the fifth Ariane 5 mission this year, third of the G (Generic) version. With this launch, the company commercialising the Ariane flights, Arianespace,
has regained leadership worldwide in the market of commercial satellites (over 50%).
Avio is present in Italy and abroad with 14 plants and 4800 employees. It works in four sectors of activities: modules and components for aircraft engines, civil and military engine overhauling services, space and aircraft-derived turbines for marine applications. It is a world leader in power transmissions and Italy’s leading operator where both aircraft engines and solid propellant space propulsion systems are concerned. In 2004 company turnover totalled 1,220 million euros.