Safran signs a contract with the Directorate General of Armaments

The DGA has recently announced an order for new modular air-to-ground weapons from Safran Electronics & Defense, part of which will be designed by the group that manufactures electronic cards in Fougères (742 employees).

Two years ago, Safran announced an investment of ~€30 M on this site by 2018 as well as the creation of 200 direct jobs in R&D. The group wants to make the Fougères site a 1st rate equipment supplier in the growing market of civil and military aeronautics. This new order is expected to initiate a doubling of their production capacity by 2019.

As one of the world leaders in aerospace, defense and security, Safran (70,000 employees, turnover in 2015: €17.4 billion) is expected to take over Zodiac Aerospace (33,600 employees, turnover in 2015: €5.2 MM) by the beginning of 2018 to create the world’s 2nd largest aerospace company and the global 3rd in aeronautical equipment.

Source : Journal des Entreprises – 20/01/2017

Photo credit : Safran – Daniel Linares