Safran
(50% ownership)
PowerJet (50% ownership) | |
Website | www |
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Safran S.A. is a French
Employing over 92,000 people and generating 23.2 billion euros in revenue in 2023, the company is listed on the
.Name
The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees.[5][6] As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade.[7]
History
Origins
In 1905 Louis Seguin created the company
Safran Group
The Safran Group was created on 11 May 2005 with the merger of
In June 2014, Arianespace CEO
By May 2015, Safran had created with Airbus Group a launcher joint venture called
In January 2017, Safran initiated a
In May 2017, Safran announced the completion of the sale of its identity and security activities to Advent International for Euro 2.4 billion.[13]
In February 2018, Safran took control of Zodiac Aerospace, significantly expanding its aircraft equipment activities. Zodiac Aerospace has 32,500 employees and generated sales of 5.1 billion euros for its fiscal year ended 31 August 2017.[4]
On 4 June 2018
In July 2023, Safran agreed to acquire Raytheon subsidiary Collins Aerospace's actuation and flight controls business unit in an all-cash deal worth $1.8 billion[15][16] however the Italian government used its Golden Share in Microtecnica to veto the sale in the belief it would give Safran the commercial ability to sabotage Eurofighter components production, RTX is legally challenging the use of the veto.[17]
Group organisation
The Safran group is divided into three main branches:[18]
Aerospace propulsion
The aerospace propulsion branch groups all operations concerning the propulsion of aeroplanes, helicopters, missiles, and launchers, for the civil aviation, military aviation, and space markets: design, production, marketing, testing, maintenance, repair, and overhaul (MRO).
- Snecma Moteurs)
- Commercial & military engines, liquid propulsion for space launchers
- Safran Helicopter Engines
- Safran Aero Boosters
- Components for aircraft and rocket engines
- Safran Transmission Systems
- Power transmissions for aircraft engines
- ArianeGroup
- Solid rocket motors for launchers, strategic and tactical missiles
- Thermostructural composite materials
- PowerJet
- 50-50 joint venture with Russian-owned UEC Saturn to make SaM146 engines
At the October 2018
Other subsidiaries
- Safran Test Cells, Inc.
- Smartec
- SMA Engines
- Snecma Services Brussels
- Snecma Suzhou
- Snecma Xinyi Airfoil Castings
Aircraft Equipment, Defense and Aerosystems
The aircraft equipment branch groups all design, production, sales, and support operations for systems and equipment used by civil and military airplanes and helicopters.
- Safran Landing Systems
- Landing gear design, manufacture, and support
- Wheels and carbon brakes for mainline commercial jets
- Braking control and hydraulic systems
- Safran Nacelles
- Commercial airplane engine thrust reversers
- Commercial airplane engine
- Safran Electrical & Power
- Aircraft wiring and power distribution
- Safran Electronics & Defense
- Technologies and services in optronics, avionics, electronics and safety-critical software
- Technologies and services in
- Safran Aerosystems
- Equipment and systems in fluid management and security
- Safran Engineering Services
- Engineering and consulting company
Other subsidiaries
- SLCA
- Sofrance
- Technofan Inc.
- OEMServices[21]
- Sagem Avionics
- Vectronix
- IdentoGO
Aircraft Interiors
- Safran Cabin
- Cabin interiors
- Safran Seats
- Passenger and technical seats
- Safran Passenger Solutions
- Cabin equipment and solutions focused on passenger comfort
Corporate affairs
- As of 31 October 2020[22]
- Public: 81.3%
- French state: 11.2%
- Employees: 7.4%
- Treasury shares: 0.1%
See also
- Musée aéronautique et spatial Safran - Museum managed by Safran containing French heritage aircraft engines
- List of aircraft engine manufacturers
References
- ^ "Olivier Andriès prend les commandes de Safran". 3 January 2021. Retrieved 3 January 2021.
- ^ "Safran publishes its full year 2023 results". Safran. Retrieved 15 February 2024.
- ^ "OEMServices - Shareholders". OEMServices. Retrieved 28 September 2021.
- ^ a b c d "Boeing, Safran Agree to Design, Build and Service Auxiliary Power Units" (Press release). June 4, 2018. Safran Archived 2020-09-24 at the Wayback Machine, Boeing
- ^ "Sagem et Snecma donnent naissance à " Safran "". Les Echos (in French). 2005-03-21. Retrieved 2019-08-27.
- ^ "Snecma and Sagem Merge, Changing Name to Safran". www.defense-aerospace.com. Archived from the original on 2019-01-01. Retrieved 2019-08-27.
- ^ a b Thierry Dubois and Jens Flottau (Jan 20, 2017). "Tier 1 Consolidation Continues As Safran Takes Over Zodiac". Aviation Week & Space Technology.
- ^ a b c d e f g "Safran Timeline". Safran. Retrieved 2020-02-24.
- .
- ^ Abbugao, Martin (2014-06-18). "European satellite chief says industry faces challenges". Phys.org. Retrieved 2014-06-19.
- ^ de Selding, Peter B. (2015-05-29). "Airbus Safran Agrees to $440 Million Ariane 6 Contribution". Space News. Retrieved 12 June 2015.
- ^ de Selding, Peter B. (2015-04-03). "Desire for Competitive Ariane 6 Nudges ESA Toward Compromise in Funding Dispute with Contractor". Space News. Retrieved 8 April 2015.
- ^ "Completion of the sale of Safran's identity and security activities" (Press release). Safran. 31 May 2017. Archived from the original on 25 February 2018. Retrieved 15 March 2018.
- ^ Stephen Trimble (June 4, 2018). "Boeing and Safran partner to disrupt APU market". Flightglobal.
- ^ White, Sarah (July 21, 2023). "Safran to buy Collins flight controls unit for $1.8bn". Financial Times.
- ^ Turpin, Augustin; Hepher, Tim (July 21, 2023). "Safran agrees to buy Collins flight controls business". Reuters.
- ^ "RTX threatens legal action against Italy over Microtecnica sale". 12 January 2024.
- ^ "Safran modifies the operational management of its equipment activities. New presentation of segment information at June 30, 2019 ". July 1, 2019. Archived from the original on December 20, 2019. Retrieved December 20, 2019.
- ^ "Safran unveils an electric motor from its ENGINeUS range, designed for future hybrid and electric aircraft" (Press release). Safran. October 15, 2018. Archived from the original on September 21, 2020. Retrieved October 18, 2018.
- ^ Max Kingsley Jones (17 Oct 2018). "NBAA: Safran shows off electric power technology". flightglobal.
- ^ "OEMServices Shareholders". OEMServices.
- ^ "Capital structure and voting rights". Safran.