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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

81.82EUR
23 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Safran acquires ISEI
Thursday, 22 Jun 2017 08:48am EDT 

June 22 (Reuters) - SAFRAN ::SAFRAN ACQUIRES ISEI, A SPECIALIST IN HELICOPTER FLIGHT DATA MANAGEMENT.  Full Article

Safran announces signing of a technological cooperation agreement with Alstom
Thursday, 22 Jun 2017 07:05am EDT 

June 22 (Reuters) - SAFRAN ::ALSTOM AND SAFRAN SIGN A TECHNOLOGICAL COOPERATION AGREEMENT.COLLABORATIVE PROJECTS INITIATED UNDER THE COOPERATION SHOULD SEE THE LIGHT OF DAY BY 2020.  Full Article

Safran buys helicopter flight data firm ISEI
Thursday, 22 Jun 2017 06:00am EDT 

June 22 (Reuters) - Safran ::* Safran Electronics & Defense has purchased the French company ISEI, specialized in flight data acquisition systems and associated services for helicopters and light airplanes.* Agreement for the sale was today at the Paris Air Show by Jean-Claude Marcellet, President of ISEI, and Martin Sion, Chief Executive Officer of Safran Electronics & Defense.* ISEI’s systems will be added to the Cassiopée product range from Safran Electronics & Defense, designed to enhance operational efficiency for airlines and other operators.* Financial terms not disclosed.  Full Article

French group Safran buys stake in Kalray
Thursday, 22 Jun 2017 04:11am EDT 

June 22 (Reuters) - Safran ::* Acquired an equity interest in Kalray through its Safran.* Safran Corporate Ventures is participating in a €23.6 million round of fresh funding alongside investors that have backed Kalray for many years, including CEA Investissement and ACE Management, in addition to a new Asian investor, the Pengpai investment fund.  Full Article

Safran successfully issues EUR 1 bln floating rate notes
Thursday, 22 Jun 2017 01:52am EDT 

June 22 (Reuters) - SAFRAN SA ::ANNOUNCED ON WEDNESDAY SUCCESS OF ITS DUAL TRANCHE OFFERING OF FLOATING RATE NOTES FOR A TOTAL AMOUNT OF 1 BILLION EUROS.TRANCHES HAVE TWO-YEAR AND FOUR-YEAR MATURITIES.TWO-YEAR TRANCHE AMOUNTS TO 500 MILLION EUROS AND WILL BEAR A COUPON OF 3 MONTH EURIBOR + 30 BPS PER ANNUM AND WILL BE ISSUED AT 100.059% OF NOMINAL VALUE.FOUR-YEAR TRANCHE AMOUNTS TO 500 MILLIONS EUROS AND WILL BEAR A COUPON OF 3 MONTH EURIBOR + 57 BPS AND WILL BE ISSUED AT 100% OF THE NOMINAL VALUE.ORDER BOOK WAS OVER 3.5 BILLION EUROS.SETTLEMENT OF THE OFFERING IS EXPECTED TO TAKE PLACE ON 28 JUNE 2017.DEUTSCHE BANK AG, LONDON BRANCH AND NATIXIS ARE THE GLOBAL COORDINATORS .TOGETHER WITH GLOBAL COORDINATORS, MUFJ SECURITIES EMEA PLC AND BANCO SANTANDER SA ARE JOINT LEAD MANAGERS.  Full Article

Safran signs SFCO2® service agreement with Vietjet Air
Wednesday, 21 Jun 2017 12:42pm EDT 

June 21 (Reuters) - Safran ::SAYS SIGN SFCO2® SERVICE AGREEMENT WITH VIETJET AIR.CONTRACT SPANS FIVE YEARS, STARTING IN 2017, AND COVERS ENTIRE FLEET OF HO CHI MINH CITY-BASED AIRLINE.  Full Article

Safran announces partnership with Airbus to market an electric taxiing system for A320 family
Wednesday, 21 Jun 2017 11:28am EDT 

June 21 (Reuters) - SAFRAN ::ANNOUNCES PARTNERSHIP WITH AIRBUS TO MARKET AN ELECTRIC TAXIING SYSTEM FOR A320 FAMILY.  Full Article

Safran announces more CFM56-5B engines ordered by Delta
Wednesday, 21 Jun 2017 10:05am EDT 

June 21 (Reuters) - SAFRAN ::MORE CFM56-5B ENGINES ORDERED BY DELTA TO POWER ADDITIONAL A321CEO AIRCRAFT.  Full Article

Safran says Arkia signs $200 million Leap-1A support agreement
Wednesday, 21 Jun 2017 06:45am EDT 

June 21 (Reuters) - SAFRAN ::SAYS ARKIA SIGNS $200 MILLION LEAP-1A SUPPORT AGREEMENT.SAYS ARKIA ISRAELI AIRLINES SIGNED A LONG-TERM RATE PER FLIGHT HOUR AGREEMENT WITH CFM INTERNATIONAL TO SUPPORT ITS FLEET OF LEAP-1A ENGINES THAT WILL POWER FOUR AIRBUS A321NEO.SAYS THE 15-YEAR AGREEMENT VALUED AT $200 MILLION.  Full Article

Safran signs new production contract for Strix sights on Tiger helicopter
Wednesday, 21 Jun 2017 06:30am EDT 

June 21 (Reuters) - Safran ::* Safran Electronics & Defense has signed a contract with the Organization for Joint Armament Cooperation (OCCAR) to supply 18 more Strix optronic sights for the Tiger helicopter program in France..* Latest tranche is part of France's revised 2014–19 defense spending plan, which calls for a homogenous fleet of 67 Tiger HAD (multi-role attack) helicopters.* Strix is a major part of the Tiger HAD’s weapon system and plays a crucial role in all missions, from reconnaissance to escort, protection, fire support and attack.  Full Article

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Aerospace group Zodiac aims to resolve delivery issues by end-September -Chairman

PARIS, June 23 Zodiac Aerospace aims to have its problems with delays in deliveries and the quality of products fixed in September, before the planned merger with Safran, the chairman of its executive board Yann Delabrière told Les Echos newspaper.