Safran finalises acquisition of Collins Aerospace flight controls business - Overpasses For America
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Summary: Safran completes the acquisition of Collins Aerospace's flight order business for $1.8 billion, becoming the world leader in the L‐operation sector affects 4,000 employees at 8 main locations in Europe and Asia, with a turnover of $1.55 billion in 2024 The activities will be integrated into Safran Electronics & Defense as of August 1, 2025 This acquisition strategically positions Safran for future aeronautical programs requiring advance…
Collins Aerospace in Wolverhampton taken over by French group Safran
Multinational technology group Safran announced on Monday (July 21) it had finalised the acquisition of Collins Aerospace’s flight control and actuation operation in Stafford Road which makes parts for aircraft manufacturers around the world.
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