Safran

SAF

FR0000073272

Aerospace & Defense

Market Closed - Euronext Paris Other stock markets 10:25:00 13/03/2026 pm IST			5-day change	1st Jan Change
304.40 ^EUR	-1.20%		-4.19%	+2.35%

11/03	European Stocks Decline Amid Middle East Concerns; Germany Meets Inflation Forecasts	MT
11/03	Safran says Safran Arrius engine selected to power new Grandcabri G5 helicopter	RE

Safran to Invest More Than $330 Million in Morocco Landing-Gear Plant

Published on 02/13/2026 at 11:14 pm IST - Modified on 02/13/2026 at 11:15 pm IST

Dow Jones

SAFRAN

-1.20%

AIRBUS SE

-2.13%

By Joshua Kirby

French defense group Safran said it will invest more than 280 million euros ($332.4 million) in a new manufacturing facility in Morocco to build airplane landing gear.

The manufacturing facility will be developed at Casablanca airport in the North African kingdom, and will support an increase in production of plane maker Airbus's A320 model, Safran said Friday.

The Casablanca landing-gear plant is slated to begin operation in 2029 and will be powered by renewably sourced electricity, the company said.

"This new site will strengthen our resilience, agility, and competitiveness, allowing us to meet our customers' expectations--notably Airbus--and to prepare for the future generation of aircraft," the company's chief executive, Olivier Andries, said.

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

(END) Dow Jones Newswires

02-13-26 1243ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SAFRAN	304.40EUR	-1.20%	-4.19%	15TCr
	AIRBUS SE	168.38EUR	-2.13%	-4.06%	16TCr

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Chart Safran

Duration

Period

SAF: Dynamic Chart

Company Profile

Safran is a high technology international group, a leading equipment provider in the Aerospace and Defense markets. The group specializes in the design, manufacturing, and marketing of equipment and systems of high technology mechanical and electronic equipment. Net sales break down by product family as follows: - aeronautic and space propulsion systems (50%): helicopter motors (No. 1 worldwide), civil and military airplanes motors, systems for space lancers and missiles, turboreactors for drone targets, etc.; - aircraft equipment, defense systems and aerosystems (39.3%): airplane engine pods, landing gear, braking systems, electric wiring systems, etc. Safran also offers on board aircraft systems and equipment (primarily evacuation slides, emergency arresting systems, protective parachutes and oxygen systems, electrical power management systems, control systems, water and waste management systems and connectivity systems) and defense and security systems (helicopter flight controls, fingerprint-based biometric identification systems (No. 1 worldwide), inertial systems, optronic systems, tactical drone systems, etc.); - aircraft interiors (10.7%): cabin interiors and seats. Net sales are distributed geographically as follows: France (19%), Europe (23%), Americas (29%), Asia and Oceania (19%), Africa and Middle East (10%).

Employees

1,03,710

Sector

Aerospace & Defense

Calendar

28/07 - Earnings release - Q2 2026

More about the company