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The Latest Breaking News from Safran

HAL, French major Safran sign contract for engine turbine forgings

Hindustan Aeronautics Limited has signed a long-term agreement with Safran Aircraft Engines. This pact involves producing and supplying turbine ring forgings for the CFM LEAP engine. HAL will manufacture these critical components at its Bengaluru facility. The agreement expands HAL's presence in the international civil aerospace market. This cooperation supports…

The Economic Times

Aircraft startup Electra to invest $850 million to build Ohio factory

The company, backed by Honeywell Aerospace, Safran and other major investors, said the move will help get the EL9 Ultra Short from development into significant commercial production and create 1,975 jobs.

The Economic Times

IndiGo shares in focus on MoU with CFM International for over 1,000 LEAP engines

IndiGo has signed a significant MoU with CFM International for over 1,000 LEAP-1A engines. This agreement marks the largest single order ever placed for LEAP engines. CFM International will also support IndiGo's new engine maintenance facility. The airline's partnership with CFM International continues its growth phase. This deal strengthens IndiGo's…

The Economic Times

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IndiGo to place order for over 1,000 aircraft engines with CFM International

IndiGo has signed an agreement with CFM International to order more than 1,000 LEAP-1A engines for its 510 Airbus A320neo family aircraft, marking the largest-ever single order for LEAP engines. The deal was announced at the Farnborough International Airshow, though financial details were not disclosed.

The Economic Times

Norwest, Skegen lead $40 million in Raghu Vamsi Aerospace

Founded in 1992, RVAG manufactures precision aero-engine components and sub-assemblies for global aerospace original equipment manufacturers (OEMs), including GE Aerospace, Collins Aerospace, Honeywell, and Safran.

The Economic Times

140% rally in 4 months! This smallcap aerospace stock soars 18% in 3 days to fresh lifetime high. Should you buy?

Aequs shares extended gains for a third straight session, surging over 18% during the rally to hit a record high after bullish initiations by IIFL Capital and Nuvama. The brokerages cited the company's strong aerospace manufacturing capabilities, robust order book and long-term growth prospects, with target prices implying up to…

The Economic Times

Smallcap aerospace stock jumps 17% in two days after earning bullish brokerage calls

Aequs shares surged significantly on Wednesday, driven by positive brokerage reports. Analysts issued bullish calls, projecting substantial upside potential for the stock. The company is India's sole vertically integrated precision aerospace manufacturer.

The Economic Times

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Trusted Interdependence: India's next step in defence self-reliance

India's defence strategy has shifted from 'Make in India' to 'Aatmanirbharta', emphasizing indigenous development and discouraging imports. While significant progress has been made in building sophisticated platforms, critical technological gaps, particularly in engines, persist.

The Economic Times

Infleqtion Q1 Earnings Call Highlights

Infleqtion (NYSE:INFQ) reported record first-quarter revenue and raised its 2026 sales outlook as management pointed to expanding customer activity across quantum computing, sensing, timing and software. The quantum technology company said first-quarter 2026 revenue was $9.5 million, up 14% from th

MarketBeat

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

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

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Radio France Internationale

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.

Fortune

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.

The National (Scotland)

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 Hindu

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.

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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 Times of India

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 Hindu

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

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

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