April 19, 2014 2:45 PM ET

Aerospace and Defense

Company Overview of GE AVIO S.r.l.

Company Overview

GE AVIO S.r.l. designs, develops, and manufactures aerospace propulsion components and systems for civil and military aircraft. The company also provides supported products for service industry; and space and tactical propulsion products, and Vega launchers. In addition, it offers Integrated Platform Management System, Steering Control Autopilot, Steering & Diving Control System, Turbine Control System, and Vibration Monitoring System products; and steering and diving control system dynamic trainers, platform simulation systems, navigation simulators, tactical tables for submarines, and damage control systems for marine applications. Further, the company provides electrical actuations, elect...

Via I Maggio 99

Rivalta, TO 10040


Founded in 1908


39 0110 08 21 11


39 0110 08 47 63

Key Executives for GE AVIO S.r.l.

Chief Executive Officer and Director
Age: 56
Chief Financial Officer
Age: 53
Chief Operating Officer
Managing Director of Elv
Director of Communications
Compensation as of Fiscal Year 2013.

GE AVIO S.r.l. Key Developments

Safran "Still Working" On Avio Deal

Safran SA (ENXTPA:SAF) is "still working" on discussions surrounding the future of Avio S.p.A., its Chief Executive said. Cinven Limited wants to sell its 81% stake in Avio and has said several buyers, including Safran, have expressed an interest. Airbus Group (ENXTPA:AIR) is also widely seen as a bidder. "We are are still working," Safran Chief Executive Jean-Paul Herteman told reporters, but declined further comment.

Safran May Team Up With Finmeccanica For Avio Bid

Safran SA (ENXTPA:SAF) is expected to be the most likely partner that could make a joint bid with Finmeccanica SpA (BIT:FNC) for a controlling stake in Avio S.p.A.

Finmeccanica In Talks To Acquire Stake In Avio

Finmeccanica SpA (BIT:FNC) is in advanced talks with European Aeronautic Defence and Space Company EADS N.V. (ENXTPA:EAD) to launch together an offer to buy Avio S.p.A. from Cinven Limited, Il Sole 24 Ore reported.

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Recent Private Companies Transactions

May 6, 2013
Avio S.p.A., PW100 Engine Maintenance Repair and Overhaul Activities

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