Jean-Paul Alary, president of Safran Aircraft Engines, said Safran aimed to quadruple its in-house capacity to 1,200 shop visits per year by 2028. "It's a sprint," he told reporters.

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French engine and aircraft equipment maker Safran has offered the sale of a business in North America which it agreed in December, as a remedy to address EU concerns about its $1.8 billion bid for ...

Safran SA agreed to buy an aerospace business from Raytheon Technologies Corp. in cash for an enterprise value of $1.8 billion, adding flight-control and actuation activities alongside 3,700 ...

UTC merged with Raytheon in 2020, forming Raytheon Technologies. Safran in December signed a deal to sell its electromechanical actuation business based in the U.S., Mexico and Canada to Woodward.