Safran Group , which includes Safran Aircraft Engines, one of the parent companies of CFM International, reported higher LEAP deliveries and aftermarket service income in H1 2025, driving the company’s half-year net income by 11% year-on-year (YoY). The market was…
Safran Group expects that the acquisition of Collins Aerospace’s actuation and flight control division from RTX will generate €1.5 billion in additional sales and contribute some €340 million to the pre-tax operating result (EBITDA). Safran and RTX, formerly known as Raytheon…
Engine maker Safran Group is confident that CFM can deliver 1.700 LEAP engines to Airbus and Boeing this year. While supply chain issues do continue, CEO Olivier Andries expects them to ease over the year. The guidance is below that of…
An interesting piece of consolidation news has been coming from France on September 5: aerospace giant Safran Group is in negotiations with another aerospace giant, Thales Group, to acquire its aeronautical electrical systems or avionics business. The transaction, once completed, will…