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The Latest Breaking News from Safran

The New Space Race: 7 Companies Battling Musk — and How To Invest In Them

SpaceX is a dominant player in the sector, but rivals are rising. Here are seven SpaceX competitors and ways investors can gain space economy exposure.

GOBankingRates

Production of French-German fighter jet threatened by rivalries, chief executive says

Relations between French company Dassault and the German unit of Airbus are reportedly ‘very strained’

The Guardian - UK

French Startup U-Space Secures $27.8 Million From Definvest And Primo Space To Conquer Global Smallsat Market

French satellite-maker, U-Space, announced on Nov. 12 that it secured €24 million ($27.8 million) in Series A funding, marking a significant step in its plan to transform European space manufacturing.

Benzinga

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French bosses parade choice of investing billions in homegrown firms

French companies announced investments worth €9.2 billion on Monday at the first edition of a government-backed "Choose France" summit dedicated to domestic firms. The government is keen to show the euro zone’s second-biggest economy remains a top business destination despite political turmoil.

Radio France Internationale

Is air travel about to get greener? Our study shows how ‘coopetition’ is helping aircraft companies tackle sustainability

Although air transport contributes a small proportion to global greenhouse gas emissions (approximately 3.5%), the expected growth in traffic compels the industry to minimize its environmental footprint. The European Commission aims to have carbon neutrality in 2050. To help reach this goal, the industry needs to change its practices.

The Conversation

Aerospace CEO sparks debate over France’s green reindustrialisation

The head of French aerospace giant Safran has ignited a political row after declaring the company will no longer invest in cities governed by environmentalist majorities.

Radio France Internationale

Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

As Europe prepares for a world without American military aid, the E.U. plans to invest €800 billion on defense.

Fortune

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Scottish council ups investment in key Israel arms supplier by 1200 per cent

A SCOTTISH council has increased its investment in a key arms supplier to Israel by over 1200 per cent since the start of the war in Gaza ...

The National (Scotland)

CDS Gen Chauhan's visit to France reaffirms long-standing strategic partnership: Govt

Chief of Defence Staff Gen Anil Chauhan interacted with top executives of several French defence majors, including Dassault Aviation, Safran and Naval Group, with a view to build futuristic capabilities of the Indian armed forces.

The Hindu

What makes the India-France ‘strategic partnership’ tick

‘Strategic Partnership’ does not require convergence on all issues but sensitivity and this is where India-France ties, nurtured over the last quarter century, reflect maturity and resilience

The Hindu

India, France agree on surveillance ties

India and France agree to strengthen cooperation in the Southwest Indian Ocean, defence equipment manufacturing, and space exploration.

The Hindu

Lucknow based PTC Industries to manufacture casting parts for Safran’s LEAP engine powering single aisle jet

LUCKNOW: Taking city of Nawab on the map world of aviation, Lucknow based super critical component maker for aerospace, PTC Industries, will forge casting parts for French Safran’s LEAP (Leading Edge Aviation Propulsion) engines, that will power single aisle jets such as European Airbus A320 neo, US Boeing 737 MAX…

The Times of India

HAL signs MoU with Safran

HAL and Safran sign MoU to develop industrial cooperation in ring forging manufacturing for commercial engines. HAL to produce LEAP engine forgings in Bengaluru. Partnership to take collaboration to another level and develop skills in key technologies. Safran to expand collaboration with HAL, already part of LEAP supply chain.

The Hindu

Defence Minister Rajnath Singh holds meeting with French counterpart Lecornu in Paris

The India-France strategic partnership is more relevant today than ever and both sides are looking forward to taking it to “newer heights”, Defence Minister Rajnath Singh said.

The Hindu

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The Hindu

GMR aviation SEZ signs land lease agreement with Safran

GHASL & Safran sign lease agreement for world’s largest engine MRO in Hyderabad. GHASL to lease land to Safran for 36,500 sqm facility, providing employment to 1,000 workers. Construction to commence in Sept 2023, operations to start in 2025.

The Hindu

Nod for multi-role chopper by early 2024; Safran, HAL to set up firm in Bengaluru

The IMRH, expected to be ready by the end of this decade, is meant to replace the Mi-17s in service

Radio France Internationale

India’s Modi heads for France to renew ties, preside over Bastille Day parade

Indian soldiers are in France ahead of the Bastille Day celebrations as India's Prime Minister Narendra Modi prepares to preside over the national celebration in Paris and open a new chapter in bilateral ties.

The Hindu

Co-development rather than co-production will be focus of India-France ties, sources say

Co-development, rather than co-production, will be the focus of India-France ties, as the two countries prepare to mark 25 years of their strategic partnership next week, when Prime Minister Narendra Modi travels to Paris to attend France’s National day parade.

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Radio France Internationale

France to invest in low-emission planes, sustainable aviation fuels

France will invest several hundred million euros in the coming years to develop low-emission aircraft, engines and sustainable aviation fuels (SAF) as part of measures to make the French and European aviation industry greener, President Emmanuel Macron said on Friday.

Radio France Internationale

India sets out to swarm skies with helicopters after jumbo jetliner deal

After signing an eye-popping deal for 470 Boeing and Airbus jets, India will also start building helicopters by the hundreds – some with a bit of help from its new military suitor France.

The Hindu

Safran MRO to take wing by 2025

Plan is to handle Rafale engines too

The Times of India

'Investing euro 300 million in India; will have biggest MRO for Leap engines here’

NEW DELHI: Safran, the world’s largest aerospace engine manufacturer, has firmed up plans to invest upto euro 300 million in India over the next few years.

The Hindu

French engine maker Safran to set up MRO facility in India

You can leverage all the competitive advantages India offers: Defence Minister

Benzinga

Air France-KLM Inks Agreement With CFM For Engine Configuration

Air France-KLM (OTC:AFLYY) has established an agreement with CFM International to acquire 200 LEAP-1A engines to power its new fleet of Airbus SE (OTC:EADSY) A320neo and A321neo. Financial terms were not disclosed. CFM International is a 50/50 joint venture between GE Aviation, a division of General Electric Co (NYSE:GE), and Safran Aircraft Engines, a division of Safran (OTC:SAFRY). Last…

The Times of India

Goa: HAL starts construction of Rs 170 crore helicopter repair facility at Honda

PANAJI: More than five years after the foundation stone was laid for the helicopter repair and overhaul facility at Honda in Sattari, construction of the Rs170cr facility has commenced.

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