Safran

Safran was contracted by the French Ministry of Armed Forces to develop high-performance turbine materials for the FCAS program....

Safran reported a net profit of €352 million in 2020, despite a 33% drop in turnover due to the crisis in the aviation sector....

Rolls-Royce suffered a lot in 2020. But is it’s situation worse than other engine manufacturers – Pratt & Whitney, GE Aviation and Safran?...

Safran and HAL signed a cooperation agreement to study the assembly of the Rafale’s M88 engine in India....

Vision, a daylight stellar finder allowing an aircraft to find its bearings without the use of GPS, was successfully tested....

While presenting solid financial results for the year 2019, the French aerospace manufacturer Safran revised its forecast for 2020 to take into account the impact of the Boeing 737 MAX grounding and production interruption....

Following Boeing's decision to suspend the production of the 737 MAX, the joint venture composed of Safran and General Electric Aviation should reduce the production rates of the LEAP-1B engine ‒ but not stop it....

The French manufacturer Safran and its German counterpart MTU Aero Engines reportedly reached an agreement on the engine for the future fighter jet developed by France, Germany and Spain. After an initial development led by Safran, the two companies will create a joint venture for the certification and production....

Olivier Andries has been selected to succeed to Philippe Petitcolin as the Chief Executive Officer of the French aerospace and defense group Safran. Currently President of Safran Aircraft Engines, Andries will take office on January 1, 2021....

French aerospace group Safran saw its operating income increased by more than 35% in the first half of 2019, despite the impact on Leap engine deliveries caused by the Boeing 737 MAX grounding. The company raises its annual revenue forecast but remains cautious....