Safran wins award for participative innovation initiative

Paris, December 4, 2012

On Thursday, November 29, at the Participative Innovation Forum organized by the association Innov'Acteurs, Sagem's Fougères plant (Safran group) won the Participative Innovation Award 2012, Senior* category, for its practices, tools and methods fostering dynamic continuous improvement. Francis Mer, Vice Chairman of the Safran Board of Directors, and Chairman of the Fondation Condorcet-Paris Dauphine, was the forum sponsor this year. A number of companies attended, taking advantage of a day of presentations and discussions about the challenges and advantages of innovation and creativity.
The Sagem center of excellence that won this award is located at Fougères, in the greater Paris area, and is specialized in the engineering and production of printed circuit boards for aerospace and defense applications. In particular, it works on the FELIN integrated equipment suite for soldier modernization programs, and also provides logistics services for the aerospace industry.

The plant's award-winning innovation initiative, started in 1995, is a two-pronged effort: spontaneous innovation, with about 60 collection points around the plant so that employees can submit ideas; and structured innovation, based on the organization of challenges to foster improvements in a given area, as well as the deployment of task forces to solve specific problems. In 2011 the employees at Fougères submitted 7,390 ideas, of which 6,715 were put into practice, for an average of more than 10 ideas per person per year.

Safran's business success depends in large part on the development and integration of advanced technologies. Research and innovation are therefore strategic priorities in these fast-growing yet highly competitive markets. To encourage the creativity of its employees, Safran organizes an annual Innovation competition, which recognizes the innovative solutions developed by its people in all sectors and at all levels.

During the Participative Innovation Forum 2012, Yves Leclère, Safran Executive Vice President for Transformation, also signed the participative innovation charter. This charter aims to foster a broad culture of innovation throughout industry, and enable each employee to be recognized as a "change agent" through the contribution of initiatives and innovations, at all levels of the enterprise.

* The Senior category recognizes the maturity and effectiveness of the initiative.

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Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has close to 60,000 employees and generated sales of 11.7 billion euros in 2011. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.3 billion euros in 2011. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.

For more information, www.safran-group.com / Follow @SAFRAN on Twitter

Groupe Safran
Communications Department
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75724 Paris Cedex 15 – France
www.safran-group.com

Press Contacts :
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catherine.malek@safran.fr

Caroline COUDERT
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caroline.coudert@safran.fr