Safran is a privately owned company headquartered in France, founded in 2005, and employing approximately 62,080 individuals. The company operates as an international group specializing in aviation, defense, and space markets, with core activities encompassing propulsion, equipment, and interiors. Safran focuses on component manufacturing for these sectors, maintaining a global presence.

Revenue

Founded

2005

Headcount

62,075

Headquarters

France

Primary Segment

Aviation and Aerospace Component Manufacturing

Ownership

Privately Owned

News Summary:

President Donald Trump stated on April 3 that the United States possesses "plenty of jet engines" and does not require European imports, a declaration that impacted the global aerospace industry and raised questions about American manufacturing capacity. Previously, on April 2, French channel TV5 highlighted Morocco's ambition to produce its own jet engines by 2030, noting the country's emergence as an aerospace manufacturing hub capable of producing up to 42% of aircraft components. Also on April 2, Precision Aviation Group (PAG) expanded the Safran Electrical & Power Authorized Repair Center (ARC) Network, adding EFIX and PAG Australia to enhance PAG’s global OEM authorized repair capabilities. This follows analyst activity on March 31, when Wells Fargo initiated coverage of Safran at Equal Weight with a price target of EUR 175. Goldman Sachs, maintaining its Buy recommendation for Safran, concurrently reduced its price target from EUR 68 to EUR 62.
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