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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

27 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Safran 's Sagem to supply optronic masts for Swedish submarines
Monday, 12 Oct 2015 06:00am EDT 

Safran SA:Says its Sagem has been selected to supply new-generation optronic masts for Royal Swedish navy submarines.Contract awarded by Swedish shipyard Saab Kockums provides for Sagem Series 30 optronic surveillance masts to outfit two future A26 class submarines and two Gotland class submarines, already in service, along with initial logistic services and options for additional systems.  Full Article

Dassault Systemes'3Dexperience platform selected by Hispano-Suiza, part of Safran SA
Thursday, 18 Jun 2015 01:00am EDT 

Dassault Systemes SA:Hispano-Suiza (Safran SA) selects Dassault Systemes' 3Dexperience platform for its mechanical power transmission systems.  Full Article

Dassault Systemes announces strategic partnership with Safran
Thursday, 18 Jun 2015 01:00am EDT 

Dassault Systemes SA:Announces strategic partnership with Safran SA.Parnership in additive manufacturing.Announced a partnership with Safran group to develop virtual validation of additive manufacturing process.  Full Article

Safran and GE joint company CFM International wins engine order worth $590 million - Reuters
Wednesday, 17 Jun 2015 05:58am EDT 

Reuters:Safran and GE joint company CFM International wins engine order worth $590 million - Reuters.Engine is to power 20 new Airbus A320neo aircraft.  Full Article

Safran and GE joint company CFM International wins $2.7 bln order
Tuesday, 16 Jun 2015 09:19am EDT 

Safran SA:Says Aercap Holdings N.V. announced an order for 200 CFM LEAP-1B engines, produced by Safran and General Electric Co joint company CFM International, to power 100 737 max aircraft.Order is valued at $2.7 billion at list price.  Full Article

Safran Morpho gets order for 40 explosives detection systems
Tuesday, 16 Jun 2015 04:24am EDT 

Safran SA:Subsidiary Morpho, through its subsidiary Morpho Detection, announces the Transportation Security Administration (TSA) has ordered 40 medium-speed CTX 9800 DSi explosives detection systems (EDS).Order valued at more than $40 million.  Full Article

Figeac Aero signs $40 million contract with Safran subsidiary Snecma
Monday, 18 May 2015 12:05pm EDT 

Figeac Aero SA:Signs contract worth about $40 million with Snecma (Safran) to produce parts for LEAP motor.  Full Article

Safran launches new invest CVC Safran Corporate Ventures
Tuesday, 5 May 2015 05:34am EDT 

Safran SA:Launches Safran Corporate Ventures, a new corporate venture capital (CVC) company that will invest in innovative startups.Safran Corporate Ventures is launched with initial investment capital of about 50 million euros for a period of three years.  Full Article

Safran confirms FY 2015 financial guidance
Wednesday, 22 Apr 2015 01:00am EDT 

Safran SA:Confirms it expects adjusted revenue to increase by a percentage in the high-single digits (at an estimated average rate of $1.20 to the Euro) in FY 2015.Confirms it expects FY 2015 adjusted recurring operating income to grow in low double digits compared to FY 2014 at a hedged rate of $1.25 to the Euro.  Full Article

Omni Air International opts again for Safran Messier-Bugatti-Dowty services
Wednesday, 15 Apr 2015 08:00pm EDT 

Safran SA:Omni Air International selects subsidiary Messier-Bugatti-Dowty's subsidiary Messier-Bugatti-Dowty Wheel and Brake Repair and Services to handle the maintenance, repair and overhaul (MRO) of wheels and brakes installed on its Boeing 767 fleet.Exclusive partnership, originally established in 2009, is thus extended through 2019 and covers all Messier-Bugatti-Dowty equipped 767 aircraft.All equipment will to be serviced at MBD Wheel and Brake Repair and Services repair centers in Milwaukee, Wisconsin and Bethlehem, Pennsylvania.  Full Article

More From Around the Web

UPDATE 2-Safran core 2016 profit up 5.4 pct, sees stable 2017

PARIS, Feb 24 France's Safran posted a 5.4 percent rise in 2016 core operating profit to 2.4 billion euros ($2.5 billion) and projected stable underlying income in 2017, a transitional year as it increases production of its new LEAP commercial jet engine.