Safran

SAF

FR0000073272

Aerospace & Defense

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12:24pm	Indices: The Magnificent 7 of Defense
11:52am	SAFRAN : Deutsche Bank reiterates its Neutral rating	ZD

Safran: contract to supply PASEO sighting system

September 13, 2024 at 01:58 pm IST

Safran has announced that its Safran Electronics and Defense Australasia division has been selected to supply the 'PASEO Observation and Artillery Designation' advanced panoramic sighting system for integration on Hanwha Defence Australia's Redback infantry fighting vehicle (IFV).

The 'PASEO Observation and Artillery Designation' solution will provide long-range intelligence, surveillance, target acquisition and reconnaissance capabilities for the Redback IFV supplied by Hanwha to the Australian Defence Force (ADF) as part of the LAND 400 Phase 3 project.

The contract covers production and delivery of the PASEO sights and associated equipment.

Safran points out that the 'PASEO Artillery Observation and Designation' system also incorporates Safran's Geonyx inertial navigation system, providing 'precise and reliable positions, even in the absence or unavailability of satellite navigation signals (GNSS-Denied environment)'.

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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 (51.2%): 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 (38%): 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; - other (0.1%). Net sales are distributed geographically as follows: France (19.4%), Europe (24%), the Americas (34.8%), Asia and Oceania (13.2%), Africa and the Middle East (8.6%).

Employees

87,055

Sector

Aerospace & Defense

Calendar

14/10/2024 - AUSA Trade Show

More about the company