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2012

23.01.2012
2011 Record Year for CFM with $51.7 Billion U.S. in Orders/Commitments; Continues to Increase Production Rates to Record Highs

PRESS RELEASE

1,500 CFM56 engine orders
3,056 LEAP orders/commitments

WEST CHESTER, Ohio. — 23 January 2012 — CFM International (CFM) had a record year in 2011, logging orders for 1,500 commercial, military and spare CFM56 engines and commitments for 3,056 LEAP engines for a combined value of $51.7 billion at list price.

CFM International, a 50/50 joint company of Snecma (Safran group) and GE, produces the highly popular CFM56 engine family. CFM is developing a new engine family, under the brand name LEAP, which will enter service in 2016.

As the company logs record commitments, CFM is also achieving record production rates for the CFM56 product line. The company has built more than 1,000 engines per year since 2006, and the rate has grown steadily. In 2011, CFM delivered more than 1,300 engines, the highest rate in the industry, compared to 1,250 engines built in 2010. Current plans are to reach more than 1,600 engines per year by 2014.

"2011 was an outstanding year for CFM across the board,” said Jean-Paul Ebanga, president and CEO of CFM International. "By year end, we had solid orders for 1,500 CFM56 engines, which would make 2011 a good year in its own right. But we also received a significant number of LEAP orders in the last six months of the year.”

“We are expecting additional A320neo, 737 MAX, and C919 announcements in the next couple of months, so 2012 is already off to a very good start,” said Ebanga.“

Below is a recap of 3,056 LEAP commitments received in 2011 at a value of approximately $36.7 billion U.S. at list price:

LEAP-1A-powered Airbus A320neo (announced 2011): 465 airplanes / 930 engines
(53% share of A320neo orders)

• AirAsia
• CIT Aerospace
• Garuda
• GE Capital Aviation Services (GECAS)
• ILFC
• Republic Airways Holdings
• SAS
• Virgin America – officially launched the LEAP-1A engine.

LEAP-1B-powered Boeing 737 MAX (announced 2011): 948 airplanes / 1,896 engines

• American Airlines
• Aviation Capital Group
• Lion Air
• Southwest Airlines - officially launched LEAP-1B;
• Nine unannounced customers

LEAP-1C-powered COMAC C919 (announced 2011): 115 airplanes / 230 engines

• China Aircraft Leasing Corporation
• Bank of Communication
• ICBC Leasing
• Sichuan Airlines

LEAP-1C-powered COMAC C919 (announced 2010): 100 airplanes / 200 engines

• Air China
• CDB Leasing Company
• China Eastern Airlines
• China Southern Airlines
• GECAS
• Hainan Airlines

Highlights of 2011 CFM56 orders include:

• Total CFM56-5B engine orders: 394 (66 percent share of A320 orders)
• Total CFM56-7B engine orders: 1,012 (CFM sole source)
• 94 military engines and commercial spares

• Air Lease Corporate
• American Airlines
• Delta Airlines
• Hainan
• Southwest Airlines
• UTair
• Virgin America

PRESS RELEASE

09.01.2012
Morpho provides maintenance and support for the Botswana Criminal Automated Fingerprint Identification System (AFIS)

Paris, January 9, 2012

Botswana Police Service (BPS) has renewed their trust in Morpho (Safran group) by signing a 2 year agreement for the maintenance and support of their Automated Fingerprint Identification System (AFIS).

Designed to help solve criminal cases, this system is one of the largest IT systems for Botswana Police Service and one of the most advanced systems in Africa managing high quality 1000 pixels per inch (ppi) ten prints and palm prints, connecting 61 sites across the country. The renewal of the contract highlights the Botswana Police Service’s confidence in Morpho’s world-class technology and its high quality on-hand maintenance.

“Morpho has proven its capacity to provide critical maintenance locally to support the AFIS. We have a strong local presence and are honored to pursue our partnership with Botswana” Jean-Paul Deguines, Managing Director for subsidiary Morpho South Africa. "This important phase strengthens a long term partnership based on trust with the Botswana government”.

Dr Baboloki Helen Tumediso-Magora, Director for Forensic Science Services at Botswana Police Service stated “It is part of our long term strategy to improve the delivery of effective and efficient service to our citizens, the AFIS enables BPS to dramatically reduce the time taken to provide its identification and crime solving service. The maintenance and enhancement of the system provides us with the capacity to deliver this service seamlessly moreover, since the system is operational, we have seen the crime resolution increase significantly.

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About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

09.01.2012
Safran employee stock ownership offering a big hit in France

Paris, January 9, 2012

The Safran group has completed a leveraged employee stock ownership operation in France, and is now expanding this program to its international entities. Designed to give employees a greater stake in Safran’s objectives and performance, this operation allows them to acquire Safran shares under preferential conditions.

The operation proved very popular in France, with large numbers of employees clearly expressing their confidence in the future of Safran. Nearly half of all French employees (16,000) took advantage of this offer, and a large number chose to invest all or part of their profit-sharing bonus in shares. Reactions were so enthusiastic that the six million shares assigned by Safran to this operation were fully subscribed.

Through this operation Safran was able to further strengthen its employee shareholding, already at one of the highest rates among companies in the CAC40 stock market index.

During the first half of 2012, Safran employees outside of France will be able to participate in this operation in the 14 countries where the Group has a significant presence.

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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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

PRESS RELEASE

12.01.2012
Sagem signs life-cycle support contract for STRIX sights on French army Tiger helicopters

Paris, January 12, 2012 Sagem (Safran group) signed a contract with SIMMAD to provide life-cycle support for the STRIX turret-mounted, gyrostabilized observation and sighting systems on Tiger HAP combat and fire support helicopters deployed by the French army’s air arm (ALAT).

The five-year contract covers 50 STRIX systems and associated logistics. It includes support by the hour for curative maintenance and a flat rate for preventive servicing of certain line replaceable units. Covering both France and overseas theaters of operation, the contract also provides for Sagem to set up a dedicated hot line in conjunction with ALAT units operating Tiger helicopters.

Contract services will be provided by Sagem’s Dijon and Poitiers plants for optronics modules, and by the Montluçon plant for the gyroscopic stabilization devices.

The STRIX optronic turret, mounted over the cockpit, is a major part of the Eurocopter Tiger’s weapon system. On the HAP version of the Tiger, the STRIX system provides full day/night support for all missions: observation, reconnaissance and target identification, along with the operation of its weapon systems, the 30 mm cannon, rockets and Mistral air-to-air missiles.

During combat operations in the summer of 2011 (Opération Harmattan, French contribution to Nato operation Unified Protector), the STRIX sight demonstrated its efficiency on deployments the French navy’s Tonnerre and Mistral BPC class amphibious assault, command and power projection ships, in mobile air support operations that proved decisive in the conflict. These systems have been deployed in Afghanistan since 2009, within the scope of the PAMIR operation.

Sagem is the European leader in gyrostabilized optronic systems for military helicopters. It develops and produces the entire STRIX and OSIRIS observation and sighting systems for all versions of the Eurocopter Tiger helicopter, deployed by Germany, Australia, Spain and France.

* SIMMAD (Structure Intégrée du Maintien des Matériels Aéronautiques du ministère de la Défense) is a joint services entity, reporting to French air force headquarters, that overseas maintenance, repair and overhaul (MRO) services for aircraft deployed by all services of the armed forces.

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Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

PRESS RELEASE

18.01.2012
Sagem’s Sigma 30 navigation and pointing system chosen to modernize M270 Multiple Launch Rocket Systems for three European armies

Sagem (Safran group) has won a contract from Cassidian (an EADS company) to supply Sigma 30 navigation and pointing systems to modernize the self-propelled M270 Mars MLRS (Multiple Launch Rocket System) artillery systems deployed by the armies of Germany, Italy and France.

Paris, January 18th, 2012

Sagem (Safran group) has won a contract from Cassidian (an EADS company) to supply Sigma 30 navigation and pointing systems to modernize the self-propelled M270 Mars MLRS (Multiple Launch Rocket System) artillery systems deployed by the armies of Germany, Italy and France.

Five artillery regiments in these three armies will be upgraded to the GMLRS (Guided Multiple Launch Rocket System) standard.

Based on digital laser gyro technology, Sagem’s Sigma 30 is a high-performance land navigation and artillery pointing system designed to operate in even the harshest environments. A component of the EFCS (European Fire Control System) integrated in the rocket launcher system, it is a critical part of today’s artillery systems, enabling the very high-precision firing of new unitary warhead rockets to a range of several dozens of km, including in electronic warfare environment. The Sigma 30 system will be coupled to a hardened, latest-generation SAASM (Selective Availability Anti-Spoofing Module) type GPS receiver.

Sagem’s selection in this tripartite program further consolidates its offering of laser-gyro guidance systems for state-of-the-art artillery systems deployed by NATO, in Europe and the Middle East: Caesar (Nexter Systems) and Archer (BAE Systems) artillery systems, and 2R2M mobile mortars (Thales).

Artillery solutions by Sagem are now deployed by armies in some 20 countries and cover a wide range of requirements: forward observation systems, networked optronic sensors, navigation and pointing systems, fire control, computers, digital mapping and systems integration.

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Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.

PRESS RELEASE

19.01.2012
Morpho Service Center facility opened in Australia

Sydney, January 19, 2011

Morpho (Safran group) announced that it has opened its new Morpho Service Center in Canberra, Australia. The center was opened by Doug Smith, Chief Executive Officer, CrimTrac, and by His Excellency the French Ambassador to Australia, Stéphane Romatet, and attended by His Excellency the High Commissioner of New Zealand, Martyn Dunne.

This center is designed to underpin the new managed services approach that Morpho is delivering to Australia. In particular it is one of the key pillars of the recently signed support agreement with CrimTrac* to provide managed services for Australia’s national fingerprint system.

Initially the facility will be used to support the NAFIS (National Automated Fingerprint Identification System) in Canberra where Morpho is providing an ITIL (Information Technology Infrastructure Library)** aligned 24x7 service capability across the full NAFIS system and covers the provision of nationwide workstation support, test systems and training for CrimTrac staff.

“The delivery of NAFIS remains an ongoing priority for law enforcement in Australia” said Mr Doug Smith, Chief Executive Officer of CrimTrac. “Operational police throughout Australia rely on this real time matching capability for positive identification”.

“The implementation of this new service model is a key development for Morpho and shows not only our strength in security but our commitment to the delivery of low risk, high value outcomes for clients.” said Bruno Pattyn, Managing Director for Morpho Australasia.

This facility will also be a key part of Morpho’s approach to delivering secure services for Australian Customs and Border Protection Service (Smartgate), Australian Federal Police and other key agencies.

*CrimTrac: The national information-sharing service for Australia’s police, law enforcement and national security agencies.
**ITIL: A set of good practices and standards for IT service management.

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About Morpho

Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

19.01.2012
British Airways selects Messier-Bugatti-Dowty wheels and brakes for its Boeing 787 fleet

Vélizy, 19 January, 2012

Messier-Bugatti-Dowty, (Safran group), has recently won a major contract to supply wheels and carbon brakes for British Airways’ fleet of Boeing 787 aircraft, to be delivered starting in 2013. The contract covers 24 aeroplanes.

Garry Copeland, British Airways’ Director of Engineering, said: “We are pleased to have reached agreement with Messier-Bugatti-Dowty. The company already provides brakes for both our Airbus A320 and Boeing 777 aircraft and we look forward to working with them on the Boeing 787 when the aircraft join our fleet.”

Alain Sauret, Chairman and Chief Executive Officer of Messier-Bugatti-Dowty added: "This latest success reinforces our position as the world leader in carbon brakes for commercial aeroplanes. The introduction of electric brakes is a major innovation for the 787 program, bringing operational benefits to airlines whilst preserving the endurance qualities of our market-proven Sepcarb® III OR carbon."

787 electric brakes by Messier-Bugatti-Dowty have been designed to offer reduced weight whilst maintaining excellent thermal capacity, better in-service reliability, simplified maintenance and longer brake life.

Messier-Bugatti-Dowty also supplies the nose and main landing gears for the Boeing 787 program.

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Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

20.01.2012
Sagem (Safran group) selected by Embraer for KC-390 horizontal stabilizer trim system

Paris, January 20, 2012

Brazilian company Embraer Defense and Security has chosen the actuator system made by Sagem (Safran group) for the horizontal stabilizer trim system (HSTS) on their new KC-390 military transport and tanker aircraft. The first flight of the KC-390 is scheduled for 2014.

The horizontal stabilizer trim system enables the pilot to control the horizontal stabilizer trim as efficiently as possible to keep the aircraft’s attitude stable, while also minimizing the aerodynamic control forces to fly the plane. The HSTS makes a critical contribution to flight safety, and the innovative solution developed by Sagem, with electrically-driven actuators, offers more efficient electronic control of the system.

The decisive factors in Embraer’s choice of this system were the Sagem’s cost competitiveness and the proven ability of the company to produce a high-performance and integrated system.

According to Sagem Chairman and CEO Philippe Petitcolin, " Embraer’s choice confirms the technology decisions we have made concerning next-generation electrical actuators. Our system selected for this aircraft fully reflects the emerging concept of ’more electric’ aircraft. Another feature is its dual technology compatibility, since it will be equally at home on tomorrow’s military or civil aircraft."

The development work on this new system will be carried out at Sagem’s R&D center in Massy, near Paris.

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Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

PRESS RELEASE

25.01.2012
Snecma Morocco Engine Services expands MRO capabilities to include CFM56-5B

Casablanca, Morocco, January 25, 2012

Snecma Morocco Engine Services (SMES) has been certified by the European and American aviation authorities, EASA and FAA, respectively, to carry out MRO (maintenance, repair and overhaul) services on the CFM56-5B engine. SMES, a jointly-owned subsidiary of Snecma, a Safran group company (51%) and Royal Air Maroc (49%), recently completed the overhaul of its first CFM56-5B for a major Indian airline.

The first service provider in Africa to provide MRO services for the CFM56 engines powering Boeing 737 twinjets, Snecma Morocco Engine Services has expanded its capabilities to provide these same services for the CFM56-5B engines powering the Airbus A320 family of jetliners.

SMES’s addition of CFM56-5B capabilities addresses growing demand from operators for engine support, and also reflects Snecma’s development strategy for its international MRO network.

SMES is offering a complete range of maintenance services, to the same demanding quality standards as Snecma’s entire MRO network, including on-wing servicing, LRU (line replaceable unit) support and technical assistance. Its capability list now covers the CFM56-3, CFM56-7B and the CFM56-5B. Since being founded, SMES has serviced more than 300 engines for 40 airlines.

By continuing to expand its maintenance capabilities for the CFM56 engine family, SMES confirms its leadership in Africa and also contributes to the development of the Moroccan aviation industry.

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Snecma (Safran group) is one of the world’s leading manufacturers of aircraft and space engines, with a wide range of propulsion systems on offer. The company designs and builds commercial aircraft engines - including the CFM56* world leader - that are powerful, reliable, economical and environmentally friendly, along with military aircraft engines that have always delivered world-class performance. Snecma also develops and produces propulsion systems and equipment for launch vehicles and satellites. EngineLife®, a new brand for Snecma’s service business, offers a complete range of engine maintenance, repair and overhaul (MRO) services to airlines, armed forces and operators.

* CFM56 and LEAP engines are produced and marketed by CFM International, a 50/50 joint company between GE and Snecma.

PRESS RELEASE

25.01.2012
SaM146 1S18 engine certified by EASA

Paris, January 25, 2012

On January 17, 2012, PowerJet received the type certificate for its SaM146 1S18 regional jet engine from the European Aviation Safety Agency (EASA).

"The SaM146 1S18 type certificate marks another major milestone for PowerJet,” said Jacques Desclaux, Chairman and CEO of PowerJet. “This version of the engine significantly extends the range of the Sukhoi Superjet 100 (SSJ100) regional jet.”

One of the main features of the new SaM146 1S18 version is higher takeoff thrust (16,100 lb), enabling the Sukhoi Superjet 100/95 Long Range to operate at higher maximum takeoff weight (MTOW) and increase its range to 4,578 km (2,470 nautical miles) with a full passenger load. It uses the same hardware as other engines in the family, requiring no change in aircraft configuration.

Since entering service in April 2011, the SaM146-powered Sukhoi Superjet 100 has confirmed its performance in revenue service. At December 31, 2011, the SaM146 has logged more than 6,500 flight-hours, flying to over 40 destinations worldwide. The SaM146 has also recorded excellent dispatch reliability, exceeding 99%.

To date, the Superjet 100 has logged a total of 168 firm orders and five SSJ100 have already been delivered. PowerJet is taking part in SSJ100 sales and marketing initiatives along with the aircraft manufacturer Sukhoi Civil Aircraft Company (SCAC) and marketing joint venture SuperJet International (Sukhoi/Alenia Aeronautica).

* EASA and Russian certification agency IAC AR (Interstate Aviation Committee Aviation Register) issued the SaM146 1S17 type certificate on June 23 and August 9, 2010, respectively, certifying the SaM146 for service on regional jet aircraft.

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PowerJet is an equally-owned subsidiary of Snecma (Safran group, France) and NPO Saturn (Russia). It is in charge of the SaM146 propulsion system, including development, production, marketing, sales and support. Developing 15,400 to 17,800 pounds of thrust, the SaM146 is sized to meet thrust requirements for modern regional jets. The first application for the SaM146 is the new Sukhoi Superjet 100 regional jet.

PRESS RELEASE

25.01.2012
Norwegian Orders 100 LEAP-1B-Powered 737 MAX Airplanes

Engine order valued at $2.9 billion U.S.
CFM bringing revolutionary technologies to 737 MAX

WEST CHESTER, Ohio — 25 January 2012 — Norwegian today became the first European customer for the advanced LEAP-1B-powered Boeing 737 MAX with an order for 100 airplanes. In addition, the airline ordered 22 additional CFM56-7BE-powered Next-Generation 737-800s. The total engine order is valued at approximately $2.9 billion U.S. at list price.

Both the LEAP-1B and CFM56-7BE engines are products of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE.

Norwegian is a long-time CFM customer and currently operates a fleet of 48 CFM56-7B-powered Next-Generation 737-800s, with an additional 78 airplanes on order (including today’s announcement), in addition to 14 CFM56-3-powered 737-300s. Today’s order supports Norwegian’s plans to build on the success provided by its fleet for its rapidly expanding operations.

“We are delighted to welcome Norwegian to the LEAP family of customers,” said Jean-Paul Ebanga, president and CEO of CFM. “We appreciate the confidence this order shows in our products and in our team’s ability to deliver the industry’s most advanced technology.”

“We are pleased and honored that Norwegian has chosen to again make CFM its engine supplier of choice,” said Gael Meheust, vice president of Sales for CFM. “We’ve been working together for many years on their 737 fleet, and we look forward to the successful introduction of the LEAP-1B into Norwegian’s fleet to support their continued growth and long-term success.”

Carrying nearly 16 million passengers in 2011, Norwegian is the third-largest low-cost airline in Europe. Norwegian currently operates more than 300 routes across Europe into North Africa and the Middle East and employs approximately 2,500 people.

LEAP engines will incorporate technologies never before seen in the single-aisle aircraft segment. The new engine will combine advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology.

As a result, compared to today’s best CFM56-powered 737operators of the 737 MAX will achieve 10 – 12 percent lower fuel burn; an equivalent reduction in carbon emissions; a 50 percent reduction in NOx emissions versus current ICAO CAEP/6 requirements; a 75 percent reduction in the aircraft noise footprint; all while maintaining the benefits of CFM’s legendary reliability and low maintenance costs.[need to make it clear that all of these claims are compared to today’s CFM-powered 737 – or if something else, then we should say so – e.g., the CAEP 6 seems out of order – does it apply to both the NOx and noise or just the NOx?]

Boeing launched the 737 MAX program with the LEAP-1B in August 2011 and, in November, the two companies announced that the LEAP-1B will have a 68-inch fan. During 2012, the engine design will be optimized for the new 737. CFM and Boeing had been working together for several years to evaluate engine configurations for both re-engined, as well as potential new aircraft to replace the Next-Generation 737 family. To date, Boeing has received commitments for more than 1,000 LEAP-1B-powered 737 MAX airplanes from 15 customers worldwide.

Since its introduction into commercial service in 1998 the CFM56-7B-powed Boeing 737 has become the best-selling engine/airplane in aviation history. Total orders stand at more than 12,000 CFM56-7B engines, of which more than 7,850 have been delivered to about 190 operators.

All of the engines powering Norwegian’s Next-Generation 737-800s will be the CFM56-7BE configuration. Compared to previous versions of the Next-Generation 737, the enhanced airplane/engine combination provides a 2 percent improvement in fuel consumption, which, in turn, equates to a 2 percent reduction in carbon emissions. Additionally, the enhanced -7BE will provide up to 4 percent lower maintenance costs, depending on the thrust rating. The engine entered service in July 2011.

PRESS RELEASE

30.01.2012
Thales and Safran acquire Areva’s stake in Sofradir

Paris, January 30, 2012

Safran and Thales have acquired Areva’s 20% stake in Sofradir, their jointly owned subsidiary and a world-class centre of excellence in infrared detector technology.

Sofradir is a leading supplier of infrared detectors to the optronics industry. Its technologies are used for a wide range of commercial and military applications, particularly night vision equipment. Sofradir employed 550 people and generated revenue of around €150 million. Most of its employees are based at the company’s development and production centre in Veurey-Voroize, near Grenoble, France.

Safran and Thales have raised their respective stake to 50% of Sofradir, compared to 40% previously. This transaction is part of the optronics partnership between Safran and Thales that was signed on 20 December 2011.

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Thales is a global technology leader for the Defence & Security and the Aerospace & Transport markets. In 2010, the company generated revenues of €13.1 billion with 68,000 employees in 50 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners.
For more information, www.thalesgroup.com

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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40 index.
For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

30.01.2012
Morpho’s Albanian electronic document production site achieves ISO 27001 certification

Paris, January 30, 2012

Morpho (Safran group) announced today that it has achieved the International Organization for Standardization (ISO) 27001 certification for its identity management, identity card and passport personalization site in Tirana, Albania. This certification confirms that the infrastructure and processes implemented by Morpho’s information security management systems meet the industry’s most stringent security standards.

Morpho set up this concession in 2008 to provide the Albanian Ministry of the Interior with a complete, end-to-end secure e-ID card and e-Passport issuance solution, based on its cutting-edge MorphoCivis™ Suite, composed of biometric identity management and e-Document issuance products.

The ISO 27001 certification was awarded to Morpho following a rigorous auditing process by LSTI (La Sécurité des Technologies de L’Information) and covers the entire document personalization process: data verification, identity deduplication, investigation and document personalization.

“This ISO 27001 certification acknowledges Morpho’s dedication to maintaining the highest security standards for the benefit of our customers across the world,” said Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho.

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About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

30.01.2012
Safran names Jean-Christophe Corde Risk Management and Insurance Director Group

Paris, January 30, 2012

Jean-Christophe Corde, 58, has been named Risk Management and Insurance Director Group at Safran. He reports to Ross McInnes, Deputy Chief Executive Officer, Finance.

Jean-Christophe Corde holds degrees from the Ecole Polytechnique (1973), Sup’Aero (1978), and the Institut de Contrôle de Gestion (1986). He started his career in 1978 with French defense procurement agency DGA as a jet engine test engineer at the propulsion test center in Saclay. He joined Snecma in 1988 as program director, then became quality manager at Snecma’s Gennevilliers plant in 1993. After an initial stint at Messier-Bugatti in 1995 as director of the aircraft braking division, he returned to Snecma in 1998 as manufacturing director and general manager of the Gennevilliers plant. He was subsequently named production director in 2000, then director of strategy and improvement actions in 2006. In September 2006 he moved back to Messier-Bugatti as Chairman and CEO. From 2009 until this latest appointment he was Safran’s Vice President for International Development, Europe and Africa.

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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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40 index.
For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

31.01.2012
Messier-Bugatti-Dowty delivers first production landing gear shipset for Airbus A400M

Vélizy, January 31, 2012 – Messier-Bugatti-Dowty has delivered the first production-standard main landing gear shipset for the Airbus A400M military transport to the Airbus Military final assembly line in Seville, Spain.

This delivery comes in addition to five previous landing gear deliveries for A400M test aircraft.

Selected by Airbus Military in 2004, Messier-Bugatti-Dowty is responsible for the design, development, production, integration and support of the A400M landing system, including the main and nose landing gear, extension/retraction system, kneeling system and the steering system, including wheels and carbon brakes.

To meet the requirement of soft-field landing capability for unprepared runways, each of the main landing gears consists of three independent twin-wheel assemblies housed in the aircraft’s aerodynamic fuselage sponsons. This twelve-wheel configuration contains the "high flotation" characteristics necessary for landings on unprepared terrain. Another feature includes kneeling capability to support requirements for loading large military and civilian vehicles. To meet this requirement the main landing gear shock absorbers have been designed to ensure a minimum distance between the ground and aircraft structure whatever the loading conditions, thus preserving the integrity of the aircraft structure.

Messier-Bugatti-Dowty Chairman and CEO Alain Sauret said: "We are especially pleased to achieve this milestone on an ambitious program such as the Airbus A400M, which harbors significant growth potential. Through this program, Messier-Bugatti-Dowty confirms its status as a major landing systems integrator, providing fully integrated landing and braking solutions to meet the operational requirements of an aircraft designed to carry out a wide variety of military and humanitarian missions under the most demanding conditions."

* * * *

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

01.02.2012
Morpho Detection’s Solutions Help U.K. Police Forces Identify Cash from Illegal Drug Activity

Newark, Calif. – February 1, 2012 – Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced that Operation International, a collaborative program with police forces throughout the U.K., has to date resulted in hundreds of thousands of pounds generated by cocaine dealing being repossessed.

To identify illicit funds connected with cocaine distribution, MDI works with 27 police forces and other law enforcement agencies throughout the U.K. to test currency in general circulation for traces of cocaine. As part of this ongoing program, when cash is found during a police investigation, it is tested for trace amounts of cocaine using MDI’s Itemiser® 3 or Itemiser ® 3 Enhanced desktop trace detection system. If the amount of cocaine found is five times or more that of currency in general circulation, that cash is seized by law enforcement.

“We are honoured that police departments throughout the U.K. have recognized MDI for having the technology to assist in combating dangerous criminal activity,” said Brad Buswell, president and CEO, Morpho Detection, Inc. “MDI is committed to providing the most innovative solutions that help law enforcement officials enhance operational efficiencies. The proven success of this program and our close work with various police departments is an example of delivering on this commitment.”

“Seizing the assets of drug dealers takes away the main benefit of crime – the ability to make large sums of money,” said Detective Sergeant Neil Clarkson, Humberside Police Economic Crime Unit. “This is almost as big of a threat to the criminal as going to prison. Linking a suspect’s assets to a supply of cocaine helps put money obtained illegally to work protecting our communities.’’

The UK Government Home Office Centre for Applied Science and Technology (previously HOSDB) has been involved in Operation International throughout to advise on the sampling, interpretation of results and assist in the development of protocols so the results can be safely used in civil prosecutions. Research and testing is ongoing to raise the fundamental knowledge of drug contamination on banknotes and increase the value of the evidence in court.

* * * * *

About Morpho Detection, Inc.

Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With the 2011 acquisition of Syagen Technology, Inc., the Morpho Detection portfolio now includes mass spectrometry products and technology for high-speed molecular analysis for a broad range of chemical analysis applications, ranging from homeland security to pharmaceutical analysis. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property the world over.

For more information on Morpho’s detection products, visit :
www.morpho.com/detection.

PRESS RELEASE

02.02.2012
L’INSA de Lyon accueille la Chaire AREVA-SAFRAN dédiée à l’étude de l’extension du cycle de vie des matériaux (French only)

Lyon, le 2 février 2012

La Fondation INSA de Lyon, créée pour soutenir le développement de l’INSA de Lyon, annonce aujourd’hui la signature d’une convention de mécénat avec les groupes AREVA, spécialisé dans le domaine de l’énergie, et SAFRAN, spécialisé dans l’aérospatial, la Défense et Sécurité, pour la création d’une Chaire de recherche et d’enseignement. Dédiée à l’étude de l’extension de la durée de vie des matériaux et des procédés de fabrication, la Chaire sera financée à hauteur de 300 000 euros par an pendant 5 ans.

Cette Chaire, intitulée « Extension de la durée de vie des matériaux et procédés de fabrication : simulation numérique pour la prévision des phénomènes en conditions réelles », vise à étudier l’effet des choix des procédés de fabrication sur la durée de vie des pièces mécaniques dès leur phase de conception. La connaissance et la maîtrise du cycle de vie des matériaux est en effet un enjeu capital pour les industriels tant du point de vue de la sécurité des produits finis que celui de l’impact économique.

Les grandes méconnaissances sur l’état des composants en sortie de fabrication ou de réparation est la raison essentielle de l’incertitude sur l’estimation de la durée de vie des composants. Les phénomènes physiques associés aux procédés de fabrication sont très complexes et parfois fortement couplés. L’objectif de cette nouvelle Chaire de recherche et d’enseignement est de progresser dans la compréhension et la prévision de ces phénomènes.

Conclue pour une durée initiale de 5 ans, cette Chaire est placée sous la direction du professeur Alain Combescure, Professeur à l’INSA de Lyon, ancien Directeur du Laboratoire LaMCoS (Laboratoire de Mécanique des Contacts et des Structures) et Président de l’Institut Carnot INGENIERIE@LYON. Le titulaire de la Chaire sera appuyé par une équipe de trois personnes (1 Maître de conférences et 2 doctorants), au sein de laboratoires de l’INSA de Lyon, tels que le LaMCoS ou le Mateis (Matériaux : Ingénierie et Sciences), consacrés à l’étude des propriétés mécaniques des matériaux.

En parallèle des activités de recherche, la mission de la Chaire consiste également à contribuer à la formation des élèves de l’INSA de Lyon (cycle ingénieur, doctorants, masters) par des enseignements spécifiques dans le domaine de l’élaboration des pièces de structure pour l’industrie aéronautique et énergétique.

« La prise en compte de la durée de vie d’une pièce mécanique au plus tôt est un enjeu majeur pour l’industrie. Ca n’est pas un hasard si AREVA et SAFRAN, deux acteurs industriels français majeurs, ont fait le choix de nous soutenir sur ce sujet de recherche. Notre objectif à terme est d’apporter une connaissance fine des phénomènes physiques et mécaniques complexes mis en oeuvre lors de la conception des composants et de mesurer leur impact sur leur durée de vie », explique Alain Combescure.

« Le sujet étudié dans le cadre de cette Chaire est complexe et essentiel pour notre activité. Nous travaillons depuis longtemps et apprécions l’expertise des laboratoires de recherche de l’INSA de Lyon dans le domaine de la mécanique et des matériaux ; c’est la raison pour laquelle nous avons décidé de mettre en place et de soutenir la Chaire qui leur est associée. A terme, les résultats obtenus devraient nous permettre d’utiliser des procédés de fabrication plus efficaces, plus fiables et ainsi nous permettre de concevoir des pièces mécaniques en matériaux plus légers et plus résistants », détaille Eric Bachelet, Directeur central groupe Safran, Recherche et Technologie.

« L’INSA de Lyon est l’un des tout premiers centres de recherche en France dans le domaine des matériaux. Le projet que se sont fixés Alain Combescure et son équipe est particulièrement en phase avec les besoins d’AREVA. Le travail qui va être fait autour du cycle de vie des composants et des matériaux nous permettra de nous challenger. Cette collaboration est stimulante et s’inscrira parfaitement dans notre politique de progrès continu », précise Massimo Morichi, directeur-adjoint Recherche & Développement d’AREVA.

« Au sein de la Fondation INSA de Lyon, nous sommes heureux et fiers de notre partenariat avec deux acteurs industriels majeurs tels qu’AREVA et SAFRAN. Le fait qu’ils nous accordent leur confiance prouve la pertinence des thématiques que nous soutenons à la Fondation et souligne l’excellence scientifique de notre école l’INSA de Lyon », précise Jean Guénard, Président de la Fondation INSA de Lyon.

****

A propos de AREVA – www.areva.com
AREVA fournit à ses clients des solutions pour produire de l’électricité avec moins de CO2. L’expertise du groupe et son exigence absolue en matière de sûreté, de sécurité, de transparence et d’éthique font de lui un acteur de référence, dont le développement responsable s’inscrit dans une logique de progrès continu. Numéro un mondial du nucléaire, AREVA propose aux électriciens une offre intégrée unique qui couvre toutes les étapes du cycle du combustible, la conception et la construction de réacteurs nucléaires et les services associés. Le groupe développe par ailleurs ses activités dans les énergies renouvelables – éolien, solaire, bioénergies, hydrogène et stockage – pour devenir l’un des trois leaders mondiaux de ce secteur. Grâce à ces deux grandes offres, les 48 000 collaborateurs d’AREVA contribuent à fournir au plus grand nombre, une énergie toujours plus sûre, plus propre et plus économique.

A propos de SAFRAN - www.safran-group.com
Safran est un groupe international de haute technologie, équipementier de premier rang dans les domaines Aérospatial (propulsion, équipements), Défense et Sécurité. Implanté sur tous les continents, le Groupe emploie plus de 54 000 personnes pour un chiffre d’affaires de 10,8 milliards d’euros en 2010. Composé de nombreuses sociétés, le groupe Safran occupe, seul ou en partenariat, des positions de premier plan mondial ou européen sur ses marchés. Pour répondre à l’évolution des marchés, le Groupe s’engage dans des programmes de recherche et développement qui ont représenté en 2010 un investissement de 1,2 milliard d’euros. Safran est une société cotée sur NYSE Euronext Paris et fait partie de l’indice CAC 40. Suivez @SAFRAN sur Twitter

A propos de la Fondation INSA de Lyon – fondation.insa-lyon.fr
La Fondation partenariale INSA de Lyon, structure juridique à but non lucratif, est une personne morale de droit privé qui permet d’associer des entreprises à son Conseil d’Administration et à ses projets. Créée en 2009 pour une durée renouvelable de 5 ans afin d’accompagner le développement de l’INSA de Lyon, la Fondation partenariale INSA de Lyon, agit en tant qu’opérateur des activités de mécénat de l’INSA de Lyon et porte pour l’établissement, le programme de Chaires d’enseignement et de recherche avec de grands groupes industriels. La Fondation, dont l’objectif de développement est de lever 15 millions d’euros sur cinq ans, soutient quatre thématiques :

• Construire l’avenir en intégrant la Formation et la Recherche au service des élèves ingénieurs, des entreprises et des acteurs sociaux-économiques ;
• Promouvoir l’intégration de la culture, de la science et des problématiques de société dans la formation des futurs ingénieurs. L’accueil, l’accompagnement et l’intégration de publics, parcours et cultures diversifiés, font partie des valeurs fondatrices et de la philosophie de l’INSA de Lyon;
• Conjuguer la force de 6 pôles pluridisciplinaires au service des problématiques environnementales, notamment l’enjeu de la construction et de l’habitat durable, pour permettre aux entreprises d’allier croissance et développement durable;
• Créer un campus attractif par la qualité de son patrimoine immobilier et environnemental et les prestations proposées aux élèves-ingénieurs.
  
  A propos de l’INSA de Lyon – www.insa-lyon.fr
  Située sur le Campus LyonTech - La Doua à Villeurbanne, l’INSA de Lyon est l’une des plus Grandes Écoles d’ingénieurs françaises. Pluridisciplinaire et internationale, au coeur de l’espace européen de l’enseignement supérieur, elle forme en 5 ans des ingénieurs pluri-compétents, humanistes, innovants et dotés d’un esprit entrepreneurial. L’INSA de Lyon conduit une politique d’excellence déclinée à tous les niveaux. Premier des INSA, créé en 1957, avec une forte ambition d’ouverture sociale, l’INSA de Lyon diplôme plus de 900 ingénieurs par an dans 12 spécialités. L’INSA de Lyon est également, avec ses 500 chercheurs qui agissent au quotidien au sein de 20 laboratoires, un pôle de recherche internationalement reconnu.

PRESS RELEASE

07.02.2012
MorphoTrust USA Launches as Identity Solutions Provider Solely Dedicated to U.S. Market

Billerica, Massachusetts, USA - February 7, 2012

Government agencies and businesses in the U.S. now have a dedicated identity solutions provider in MorphoTrust USA – a Morpho company part of the Safran group – and the only company dedicated to simplifying, protecting and securing the lives of the American people.

MorphoTrust was formed from the integration of three former L-1 Identity Solutions business divisions and corporate headquarters. The company delivers complete, integrated identity and enrollment solutions and is a trusted partner for all 50 states, as well as numerous federal agencies and commercial businesses. Headquartered in Billerica, Mass., it employs approximately 1,100 individuals, and operates over 1,200 Service Centers across the country. MorphoTrust currently provides driver license issuance solutions to 41 of the 50 states and the District of Columbia, the facial recognition solution for the FBI’s Next Generation Identity program, and the multi-modal biometric software for the Department of Defense (DoD) Enterprise. It also is the prime contractor for the Department of State’s U.S. Passport Card program and the Biometric Systems Integration Services program for passports and visas, as well as the primary supplier of iris recognition software for tactical use within the DoD.

One of MorphoTrust’s customers commented, "In our business relationships, we demand the delivery of expert advice, maximum flexibility to adapt to changing conditions and, most importantly, dependability,” said New Jersey Motor Vehicle Commission Chief Administrator Raymond P. Martinez. “The New Jersey Motor Vehicle Commission has been pleased to work with our vendor MorphoTrust (formerly L-1 Identity Solutions) on projects that are providing us with increased security capability and greater convenience to the millions of citizens of our state."

Unlike other companies aiming to diversify, MorphoTrust specializes in identity solutions for the U.S., including secure ID issuance, enterprise solutions and a nationwide network of ID service centers. MorphoTrust expects to grow its business providing added convenience through the centers with a broad range of identity-related offerings, as well as solutions to improve service through government agencies such as motor vehicle offices, and new commercial offerings for markets such as financial services and aviation.

“While the technology we develop and employ is sophisticated, what we do can be summarized simply: we verify that individuals are who they claim to be, in support of our customers’ goal of ‘one person, one identity’,” said MorphoTrust CEO Robert Eckel. “Ensuring that only one trusted identity is associated with each individual is tremendously important to furthering national and homeland security, preventing fraud, enabling trusted transactions, and empowering Americans to go about their daily lives.”

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About MorphoTrust USA™

MorphoTrust USA™ – a Morpho company part of the Safran group – is the leading U.S. provider of identity solutions to simplify, protect and secure the lives of Americans. The company’s offerings help to verify the identity of applicants and deliver the secure credentials that individuals rely on to exercise their civil rights, gain access to benefits and services, and ensure trusted transactions, while reducing fraud and enhancing national security. MorphoTrust is subject to a Proxy Agreement with the Department of Defense (DoD) and a National Security Agreement with the Committee on Foreign Investment in the United States (CFIUS). These agreements, which have the force of law, are intended to protect the design and production of sensitive technology and the storage of sensitive information against unauthorized foreign control and access. The company delivers solutions for secure ID issuance, such as U.S. driver licenses and passports, as well as for border management, law enforcement, retail, travel and applicant vetting through the use of document authentication, data verification and biometrics (iris, fingerprints and face). We serve many U.S. federal agencies and businesses, operating in all 50 states of the United States, with a nationwide network of Service Centers, with over 1,200 convenient locations.

PRESS RELEASE

09.02.2012
easyJet first airline to trial electric green taxiing system by Safran and Honeywell

London, February 9, 2012

easyJet, the UK’s largest airline, in collaboration with Honeywell (NYSE:HON) and Safran (NYSE Euronext Paris: SAF), has today announced that it will be the first airline to support the development and trial of the innovative new electric green taxiing system (EGTS).

Due to the high frequency and short sector lengths of easyJet’s operations, around 4% of total fuel consumed annually is used when the airline’s aircraft are taxiing. easyJet’s aircraft average 20 minutes of taxi time per flight – the equivalent of 3.5 million miles a year.

The first operational trials are expected to start in 2013. Honeywell and Safran are targeting to offer the electric green taxiing system either on new aircraft or as a retrofit solution to in-service aircraft as early as 2016.

The development and trial will help establish whether the estimated savings can be realised and also quantify other benefits. easyJet will also assist in establishing the airline standard operational procedures for aircraft equipped with the system.

Ian Davies, Head of Engineering and Maintenance, easyJet, said, “easyJet is always seeking innovative ways of reducing our environmental footprint as well as our operating costs so this technology is of great interest to us. This collaboration with Honeywell and Safran allows us to bring our huge experience of high frequency and high levels of operational performance to the partnership to ensure that the solution meets our needs.”

Yves Leclère, Safran Executive Vice President, Transformation said, “We are very pleased to partner with easyJet on the electric green taxiing system. It is a clear vote of confidence from a major airline which gives significant credibility to our system and value model.”

John Bolton, President, Honeywell’s Air Transport and Regional business, added, “Our complementary technologies and fully integrated customer approach have earned the confidence of a major player in the airline industry, and we will highly value easyJet’s operational input in developing the EGTS.”

The EGTS allows aircraft to taxi without requiring the use of aircraft engines by using the Auxiliary Power Unit (APU) generator to power motors in the main wheels. Each of the aircraft’s powered wheels is equipped with an electromechanical actuator, while unique power electronics and system controllers give pilots total control of the aircraft’s speed, direction and braking during taxi operations. The system would therefore reduce, if not remove altogether, the need for tugs to manoeuvre aircraft in and out of stands.

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About easyJet

easyJet operates Europe’s No. 1 air transport network with a leading presence on Europe’s top 100 routes and at Europe’s 50 largest airports. easyJet flies on more than 604 routes between 130 airports in 29 countries. More than 300 million Europeans live within one hour’s drive of an easyJet airport, more than any other airline.
The airline takes sustainability seriously. easyJet invests in the latest technology, operates efficiently and fills most of its seats which means that an easyJet passenger’s carbon footprint is 22% less than a passenger on a traditional airline, flying the same aircraft on the same route.


About Safran

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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

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


About Honeywell

Honeywell’s aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations. Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges.

For more information on Honeywell, please visit www.honeywellnow.com

PRESS RELEASE

10.02.2012
Safran successfully closed its inaugural U.S. Private Placement notes issue of USD 1.2 billion with 7, 10 and 12-year maturities

Paris, February 10, 2012 - Safran (NYSE Euronext: SAF) issued USD 1.2 billion of senior unsecured notes on the U.S. Private Placement market.

• USD 155 million notes due February 2019 at a 3.70% coupon
• USD 540 million notes due February 2022 at a 4.28% coupon
• USD 505 million notes due February 2024 at a 4.43% coupon

This transaction enables Safran to diversify its funding sources at attractive conditions, to lengthen the maturity of its debt profile and to provide long term funding for the acquisitions made in the past 3 years, notably in the U.S.

The placement which was made to a broad group of accredited institutional investors demonstrated the confidence that debt investors have in the Group’s strategy and long term development.

The placement agents and joint bookrunners of this transaction were BofA Merrill Lynch and Citi.

The securities referenced above will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

* * *



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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC40 index.
For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

13.02.2012
Turbomeca (Safran group) signed a Support By the Hour contract with DRF Luftrettung

Dallas, 12 February 2012

Signed for five years, this contract covers 26 Arriel 1E2 powering the BK117C1 and EC145 helicopters of DRF Luftrettung* for their HEMS missions in Germany, Austria and Denmark. The Turbomeca SBH® contract allows customers to tailor agreements based on their operational needs.

Recently, DRF Luftrettung ordered 25 EC145 T2, which will be powered by the latest Turbomeca Arriel 2E engine.

*DRF Luftrettung flies rescue missions at 31 HEMS, at eight HEMS bases 24/7. Six ambulance aircrafts of DRF Luftrettung and LAR (Luxembourg Air Rescue) are used for worldwide repatriations under the name of European Air Ambulance (EAA). In total, approximately 660 emergency physicians, 320 paramedics, 160 pilots and 80 technicians are on duty for DRF Luftrettung.

* * * * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

13.02.2012
Turbomeca (Safran group) signed a Support by the Hour contract with ADAC Luftfahrt Technik GmbH

Dallas, le 12 février 2012

Turbomeca (groupe Safran) signe un contrat de support à l’heure de vol, SBH®, avec l’ADAC pour 10 moteurs Arrius 2B2 motorisant cinq hélicoptères EC 135T2, au profit d’ANWB Medical Air Assistance.

ADAC Luftfahrt Technik GmbH, basée à côté de Bonn, en Allemagne, assure la maintenance des hélicoptères et des moteurs pour différents opérateurs en Europe, comme ADAC, ANWB et Luxembourg Air Rescue.

Medical Air Assistance (MAA), filiale d’ANWB, est située à Utrecht (Pays Bas). Ses EC135 procurent un secours héliporté à l’ensemble du pays, en effectuant des missions de rapatriement vers les hôpitaux universitaires d’Amsterdam, Groningen, Nijmegen et Rotterdam. Depuis 2011, MAA propose ses services 24h/24, 7j/7.

* * * * *

Turbomeca (groupe Safran) est le motoriste leader pour hélicoptères, avec la plus large gamme de moteurs au monde et plus de 68 000 turbines de sa conception produites depuis l’origine de la société. Pour 2 350 clients répartis dans 155 pays, Turbomeca assure un service de proximité grâce à 16 établissements, 26 centres de maintenance, 24 centres de réparation & révision et 90 représentants commerciaux et techniques. Le siège social est basé à Bordes (Pyrénées-Atlantiques). Microturbo, la filiale de Turbomeca, est leader européen des turboréacteurs pour missiles, engins-cibles et groupes auxiliaires de puissance.

PRESS RELEASE

13.02.2012
Bristow Academy Training Partnership with Turbomeca (Safran group): the first course to be delivered

Dallas, 12 February 2012

Turbomeca (Safran group) and Bristow Academy are excited to announce the first training course to be delivered under the training partnership formed last fall will be offered during the week March 5 to 9, 2012.

The course will be delivered at the Bristow Academy Titusville, Florida Campus located at Space Coast Regional Airport (KTIX). As the first course offering from Turbomeca and Bristow Academy, both organizations are pleased to provide this quality focused training to pilots, maintainers, and the organizations that they support.

This course is intended for maintainers and will be the Arriel 2S1/2S2 Level 1 maintenance course. The course is designed for familiarization on the Turbomeca Arriel engine. Course content will include classroom academics and hands on laboratory training on the engine type and components. On completion, attendees will have a much improved knowledge and understanding of the Turbomeca Arriel engine that should lead to improved serviceability, reduced costs, and enhanced safety as outcomes.

These courses are also designed specifically to improve pilot knowledge and understanding of this engine type. A full array of additional course dates and offerings are in development and will soon follow these initial courses.

For further information about these courses or other training, please contact either Alan Olden of Bristow Academy at 321-567-0616 or Alan.Olden@bristowgroup.com, or Wendell Dunaway of Turbomeca Training at 972-606-7618 or Wendell.Dunaway@Turbomeca.com

* * * * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

Bristow Academy, located in Titusville, Florida; New Iberia, Louisiana, and Gloucester (UK), is the only helicopter flight school approved to provide helicopter flight training to commercial pilot level by the U.S. Federal Aviation Administration and the European Joint Aviation Authority. The Academy trains students from helicopter industry or related companies and pilots from a wide variety of foreign and domestic government agencies.

Bristow Group Inc. (NYSE: BRS) is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated and one of two helicopter service providers to the offshore energy industry with global operations. The Company has major transportation operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, Mexico, Russia and Trinidad.

PRESS RELEASE

13.02.2012
Turbomeca (Safran group) strengthens its presence in America with Turbomeca Mexico

Dallas, le 12 févier 2012

Turbomeca (groupe Safran) annonce la création de Turbomeca Mexico, localisée dans la capitale fédérale du Mexique, Mexico. Turbomeca Mexico est dédiée au soutien des utilisateurs de moteurs Turbomeca, au Mexique, en Amérique Centrale et au nord de l’Amérique du Sud (Bolivie, Colombie, Equateur et Venezuela). Son équipe, spécifiquement dédiée au service clients, est notamment composée de représentants sur le terrain.

« Je suis convaincu que le meilleur moyen d’être encore plus réactif est de mettre à disposition des ressources humaines et techniques au plus près des opérateurs. Ceci est cohérent avec la stratégie du groupe Safran qui, aujourd’hui, totalise neuf sociétés et plus de 3 000 employés au Mexique. De plus, notre décision d’investir au Mexique repose sur le fait que le pays connaît un essor économique et industriel, ce qui constitue une réelle opportunité pour Turbomeca », affirme Olivier Andriès, Président-Directeur général de Turbomeca.

« En proposant un service spécifique et réactif aux clients de notre zone, Turbomeca franchit une étape importante en offrant des compétences techniques au plus près de ses clients », constate Bernard Chesson, directeur général de Turbomeca Mexico. « Nous assurons le support de plus de 400 moteurs civils et militaires, des moteurs Artouste et Astazou jusqu’aux TM333 2B2 et Makila 2A1. »

* * * *

Turbomeca (groupe Safran) est le motoriste leader pour hélicoptères, avec la plus large gamme de moteurs au monde et plus de 68 000 turbines de sa conception produites depuis l’origine de la société.
Pour 2 350 clients répartis dans 155 pays, Turbomeca assure un service de proximité grâce à 16 établissements, 26 centres de maintenance, 24 centres de réparation & révision et 90 représentants commerciaux et techniques. Le siège social est basé à Bordes (Pyrénées-Atlantiques).
Microturbo, la filiale de Turbomeca, est leader européen des turboréacteurs pour missiles, engins-cibles et groupes auxiliaires de puissance.

PRESS RELEASE

13.02.2012
Coastal Helicopters converts AS 350 fleet to Turbomeca (Safran group)

Dallas, 12 February 2012

Coastal Helicopters Inc. has entered into an Engine Purchase Agreement with Turbomeca USA (Safran group) for five Arriel 1D1 turboshaft engines. Coastal Helicopters, Inc. currently operates five AS350B2’s that were converted to Soloy AS 350 B2/SD2’s in 2005.

Turbomeca USA views Coastal Helicopter’s decision to reverse the retrofit back to the Turbomeca, Arriel 1D1 a decision which further solidifies their confidence in Turbomeca’s engines and service support.

Coastal Helicopter’s, Mike Wilson, General Manager states: “Coastal Helicopter’s is part of a larger organization that operates a number of Turbomeca Arriel powered AS 350’s. We have undertaken this re-power project in order to consolidate our parts inventories, enable more effective personnel training, allow for more effective personnel and equipment sharing and manage maintenance costs by standardization.”

The time between overhaul (T.B.O.) of the Arriel 1D1 engine has recently been increased from 3,000 to 3,600 hours. Featured with a very simple design, a reduced number of parts and only five modules for easy maintenance, the Arriel 1 has gained a solid reputation in the helicopter market based on its excellent handling characteristics and high level of reliability. Certified in 1988 and logging today over 5,000,000 hours of flight, the Arriel 1D1 is operated by 466 customers in 57 countries.

The family of Arriel engines relies on a solid experience of 10,000 delivered engines, accumulating 32 million flight hours. Turbomeca worldwide network already provides the after sales support of Arriel for 1,300 customers in 110 countries.

* * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

13.02.2012
Turbomeca (Safran group) powers the brand new Eurocopter EC130T2 helicopter with its Arriel 2D engine

Dallas, 12 February 2012

One year after having introduced its new Arriel 2+ family, Turbomeca (Safran group) announces today that the Arriel 2D, part of this new family and certified in May 2011, will power the new EC130T2 helicopter. It offers a take-off-power 14% higher than the Arriel 2B1, powering the current EC130.

Today, 100 Arriel 2D have already been produced and 650 flight hours have been accumulated on the AS350B3e helicopter. The other Arriel 2+ variants, the, Arriel 2E and Arriel 2N, will respectively power the Eurocopter EC145T2 and AS365 N3e helicopters.

Lower operating costs, higher reliability and higher performance

The Arriel 2+ family (from 895 shp to 950 shp thermal take-off power) benefits from new technology in a proven engine. It comprises five modules providing simplified maintenance at low cost. Furthermore, this new family will offer better performances with lower maintenance costs. The comprehensive Direct Operating Cost will be also reduced, thanks to higher TBO (Time Between Overhaul), up to 4,000 hours at entry into service, then up to 6,000 hours at maturity.

The Arriel 2+ engines are controlled by a new-generation dual-channel FADEC, a benchmark for efficient power control, reducing pilot’s workload and increasing safety. The new Engine Data Recorder, together with the blade-creep monitor, further shifts the emphasis from traditional to preventive maintenance. These innovations also drastically reduce unscheduled removals and significantly improve helicopter availability.

The increased thermal power, the new design of many of its components enhances its already high performance and ensures that the Arriel remains the most reliable engine in its class. Since 1978, Turbomeca has been producing 10,000 Arriel engines composed today of 29 variants fitted on their corresponding helicopters. The Arriel family flying records total 32 Million flying hours, from Sahara to Antarctica.

* * * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

13.02.2012
Turbomeca (Safran group) introduces BOOST, its integrated online services to streamline customers operations

Dallas, 13 February 2012

Turbomeca (Safran group) presents BOOST (Bank Of Online Services and Technologies), a totally new range of integrated online services to streamline customers operations. Through this unique application, Turbomeca is to provide the helicopter industry with innovative solutions for proactive engine support.

BOOST, part of a major Safran group project, answers essential helicopter operator needs: addressing aircraft safety, increasing operational availability and optimizing maintenance and operations costs. BOOST offers operators more visibility and expertise, to get the most out of their engines. Thanks to BOOST, a highly secured and compatible platform developed in association with the renowned I.T. Company IBM, Turbomeca’s current engine support services will broaden and develop into real proactive actions and practices.

An innovative concept to evolve to more expertise and safety Through BOOST, Turbomeca operators will have access to services such as electronic engine logbooks linked to web-based interactive technical publications to manage their maintenance and configuration. BOOST will propose services in an added value, modular and very flexible offer:

• to smooth and facilitate operations and airworthiness tasks,
• to help in maintenance activities and planning,
• to provide tools for expertise and analysis of engine trends,
• to facilitate fleet and configuration management.

Turbomeca will commercialise the first services towards the end of 2013.

• Come to see the BOOST demonstration on Turbomeca booth #7517, Sunday, 1:30 pm.

• Discover the complete presentation during the dedicated conferences to be held: Sunday, 12th and Monday, 13th, from 2pm to 3pm, at the Convention Center, Room D-170

****

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

14.02.2012
CFM International Statement on Lion Air Boeing 737 Announcement; Engine Order Valued at more than $5.4 billion U.S.

SINGAPORE – 14 February 2012

Earlier today, The Boeing Company made the following announcement regarding Lion Air finalizing its order for 201 LEAP-1B-powered Boeing 737 MAX 9 airplanes and 29 CFM56-7B-powered Next-Generation 737-900ER aircraft.

The LEAP-1B engine order for the 201 737 MAX 9 is valued at approximately $4.8 billion U.S. at list price. The CFM56-7B engine order to power the 29 Next-Generation 73-900ERs is valued at $580 million U.S. at list price

"We are obviously honored by the continued confidence Lion Air has shown in CFM with this history order. We have a great long-standing relationship with this airline and look forward to further strengthening that bond as we introduce the LEAP-1B into their fleet,” said CFM President and CEO Jean-Paul Ebanga. “At the same time, our relationship with Boeing goes back more than 30 years and the CFM-powered Boeing 737 program is the best-selling aircraft/engine combination in aviation history. The CFM-powered 737 aircraft being delivered today represents three decades of leading-edge technical innovation and we look forward to taking that technology to a whole new level with the LEAP-powered 737."

The LEAP-1B will be the exclusive powerplant for the new 737 variant, with the engine uniquely optimized for the airplane. CFM has been collaborating with Boeing on various engine options for either a new or re-engined 737 aircraft since 2005.

Since 1984, CFM has provided the sole powerplant for all Boeing 737 models from the Classic 737-300/-400/-500 to the Next-Generation 737-600/-700/-800/-900/-900ER and the BBJ.

PRESS RELEASE

14.02.2012
Turbomeca (Safran group) signs first Support by the Hour contract with Papillon Airways

Dallas, 14 February 2012

Turbomeca (Safran group) signed a first Support By the Hour contract, SBH®, with Papillon Airways. This contract covers an initial batch of 6 Arriel 2D engines powering the brand new Eurocopter EC130 T2, with the possibility to equip the entire Arriel 2D engine fleet of Papillon. The Turbomeca SBH® contract provides total engine availability at predictable cost per flight hour.

Papillon Airways is the largest helicopter tour operator in the world, with bases in Las Vegas and Grand Canyon South Rim. The company is operating a fleet of 26 Turbomeca powered helicopters, with a total of 30 Arriel engines. At HeliExpo, the company placed an order for additional 20 EC130 T2 helicopters equipped with the Arriel 2D.

****

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

15.02.2012
ALAFCO Orders LEAP-1A to Power 35 Airbus A320neo Aircraft In US $840 million U.S. Order

SINGAPORE – 15 February 2012

Aviation Lease And Finance Company (ALAFCO), the Kuwait-based international aircraft leasing company, today announced that it has selected CFM International’s advanced LEAP-1A engines to power 35 new Airbus A320neo aircraft scheduled for delivery between 2019 and 2021. The firm engine order is valued at approximately $840 million U.S. at list price.

“We know from the high demand of our customer base how reliable and cost-effective the CFM56 product line has been,” said Ahmad A. Alzabin, ALAFCO chairman & CEO. “Introducing the LEAP-1A-powered A320neo into our portfolio continues a very successful collaboration between us and is an important part of our long-term growth strategy. We believe the advanced technology of this engine, coupled with the legendary CFM reliability and low overall cost of ownership, will provide our airline customers even greater fuel and operating efficiency.”

ALAFCO, which was formed in 1992, is a long-time CFM customer. Today, the majority of its portfolio – 44 single-aisle aircraft – is powered by CFM56 engines. The leasing company has an aggressive growth plan and today’s order is the next step in ALAFCO’s program to grow its portfolio to 100 airplanes over the next few years.

“It’s great to welcome ALAFCO to the ever-growing LEAP family of customers,” said Jean-Paul Ebanga, president and CEO of CFM International. “We have a great long-term relationship with them and we appreciate their continued confidence in the CFM product lines.”

“All of the benefits we are building in to the LEAP technology footprint will have a very positive impact on ALAFCO’s customers,” said Gael Meheust, vice president, Sales, for CFM. “This engine will provide unprecedented levels of efficiency and environmental responsibility while maintaining the legacy of aviation’s most reliable product line, the CFM56 family.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. This engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. Providing up to 15 percent better engine fuel efficiency, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions andnoise levels, all while providing the industry’s best reliability and lowest maintenance costs.

LEAP is a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading supplier of commercial aircraft engines, with nearly 23,000 delivered to 500+ operators around the globe.

PRESS RELEASE

15.02.2012
Safran a major contributor to first flight of Europe’s new Vega launcher

Paris, February 15, 2012

The first qualification flight of Europe’s new Vega light launcher on February 13, 2012 from the Guiana Space Center in French Guiana was a success, with the Safran group making a major contribution.

The European family of launch vehicles has officially welcomed a new member, with the first flight of the Vega light launcher on February 13, 2012 from Europe’s Spaceport in French Guiana. Designed for the small satellite market, this new launch vehicle offers fast and easy access to space.

Safran is a major contributor to the Vega launcher, which features a number of technological innovations. For example, Europropulsion (a jointly-owned subsidiary of Snecma Propulsion Solide and Avio) produces the P80 first stage solid rocket motor (SRM), the world’s largest single-piece SRM with a filament wound composite case. The P80’s solid propellant is provided by Regulus (joint subsidiary of SME and Avio), and Snecma Propulsion Solide makes the high-performance, cost-effective nozzle. Most of the materials used in the P80 motor are lighter, stronger and more reliable, thus decreasing the overall parts count.

The companies that will form Herakles (the new company consolidating Snecma Propulsion Solide and SME) also contribute many other key components for Vega. For example, PyroAlliance (an SME company) provides all destruction, ignition and separation systems for the first three stages, while Snecma Propulsion Solide supplies the igniter cases, high-performance pressure transducers and nozzle subassemblies for the second and third stages (Zefiro 23 and Zefiro 9).

*****

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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

PRESS RELEASE

21.02.2012
Inauguration of the new Labinal (Safran Group) site at Villemur-sur-Tarn

Villemur-sur-Tarn, 21 February 2012

Labinal CEO Karen Bomba, Safran Group CEO Jean-Paul Herteman and Louis Gallois, Executive President of EADS and President of the Fabrique de l’Industrie think tank today inaugurated the new Labinal (Safran Group) plant at Villemur-sur-Tarn in the Haute-Garonne in the presence of Henri-Michel Comet, Prefect of the Midi-Pyrénées Region, Martin Malvy, President of the Midi-Pyrénées Region and Jean-Claude Boudet, Mayor of Villemur-sur-Tarn.

The 12 million Euros Safran has invested here will sustain the activity of Labinal, world leader in electrical wiring solutions for the aerospace market, in the region.

The new site bears the name of Labinal’s founder, Jean Labinal, who started the equipment manufacturing company’s industrial history back in 1921 and replaces the former Labinal factory built in the 1960s. The facility produces wiring and electrical cabinets for EADS (Airbus and Eurocopter) and hosts Airbus product support service activities. It also co-ordinates Labinal production globally.

“This new plant construction, the sixth since 2010, provides a perfect illustration of the Safran Group’s industrial strategy of preserving skills and keeping key technologies alive in France through investment in its historic bases. 80 % of our activities are intended for the international market and our Group has a truly global dimension that is reliant on its roots in France where we make 75% of our investments and where two thirds of our work force are based” indicated Jean-Paul Herteman.

During the ceremony, Labinal CEO Karen Bomba announced "Our people now benefit from a modern facility, meaning that industrial efficiency and working conditions are enhanced. This new factory allows Labinal to retain its proximity to EADS, which is essential for its activity and the services it has to offer. The Villemur-sur-Tarn site co-ordinates manufacturing activities for Airbus and Eurocopter for all Labinal plants world-wide. It is also responsible for support and configuration management for all our products, whatever their origin".

The new building covers 13,500 square metres and accommodates 500 people. It is certified to environmental standard ISO 14001 and has taken on board additional standards and provisions that answer to High Environmental Quality (HEQ) construction criteria to reduce energy consumption.

Concern to ensure the comfort of employees and to answer the needs of the critical and delicate activity involved in electrical networks in aeronautics led to special attention being devoted to lighting, favouring the use of daylight and implementation of a graded lighting system in the workshops.

***

About Labinal
Labinal is a high-tech company in the Safran Group and is recognized as a world leader in the field of electrical interconnection systems (and the engineering and technology that goes with them) for the aviation, space and defence markets and counts more than 9,500 employees in ten different countries. The company’s unrivalled expertise is firmly rooted in decades of success in industrial design, development and production as reflected in the long term partnerships it has with the main global aeronautical companies.

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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

PRESS RELEASE

23.02.2012
Safran reports strong progress for 2011 results

Euro 1.2 billion recurring operating income up 35% at 10.1% of revenue
Net income - Group share up 27% (Euro 644 million)
Record orders leading to a Euro 43 billion backlog
Excellent 2012 outlook

All figures in this press release represent Adjusted [1] data, except when noted. Please also refer to definitions and reconciliation between 2011 consolidated income statement and adjusted income statement provided in the Notes on pages 10 and 11 of this press release..

KEY NUMBERS FOR FULL-YEAR 2011

• Full-year 2011 adjusted revenue was Euro 11,736 million, up 9.1% year-on-year (6.3% organic).
• Adjusted recurring [2] operating income at Euro 1,189 million (10.1% of revenue) at a hedged rate of USD1.37 to the Euro, up 35% year-on-year. There were Euro 29 million of net one-off items, mainly related to M&A transaction and integration costs, therefore adjusted profit from operations was Euro 1,160 million.
• Adjusted net income - group share up 27% from FY 2010 at Euro 644 million (Euro 1.59 per share). (1,59 € par action), par rapport à l’exercice 2010.
• Consolidated (non-adjusted) net income - group share at Euro 478 million (Euro 1.18 per share).
• Net debt position of Euro 997 million as of December 31, 2011, with free cash flow generation of Euro 532 million.
• A dividend payment of Euro 0.62 per share will be proposed to the shareholders’ vote at the next Annual General Meeting on May 31, 2012 (Euro 0.25 interim dividend payment was paid in December 2011).
• Full-year 2012 guidance: Safran expects revenue to increase by around 10% and recurring operating income by around 20%. Free cash flow is expected to represent about a third of the recurring operating income.

KEY BUSINESS HIGHLIGHTS FOR FULL-YEAR 2011

• Exceptional 2011 year setting a new record for CFM with USD 52 billion in orders and commitments at list price (record of twice the previous one): 1,500 CFM56 engine orders and 3,056 LEAP orders/commitments.
• 2011 civil aftermarket was up 8.4% in USD terms (Q4 2011 up 4.3%). 2011 global CFM International spare parts revenue was up 8.0% in USD terms (Q4 2011 up 14% vs. Q3 2011 and up 3.0% year-over-year).
• Safran acquired both L-1 Identity Solutions to consolidate the Group world leadership in biometric solutions and SNPE Matériaux Energétiques to create a unified entity in solid rocket propulsion
• Safran and Thales to combine their respective areas of expertise for future Defence optronic equiment and expand their offering of products and services to cover emerging needs for new defence systems, through an equally-owned JV, and to reinforce their jointly owned subsidiary in infrared detectors, Sofradir.
• Safran and Honeywell have started the first rolling tests for their electric green taxiing system designed to significantly improve airline operational efficiency and provide environmental benefits.
• Safran to supply the electrical power distribution system and electrical integration for the Embraer KC-390.
• 100 million India’s Aadhaar enrolment milestone has been crossed at end 2011, enrolling 1 million additional people every day.

Paris, February 23, 2012 - The Board of Directors of Safran (NYSE Euronext Paris: SAF) met in Paris on February 22, 2012 to approve the financial statements for the full year 2011.

EXECUTIVE COMMENTARY

Chairman and CEO Jean-Paul Herteman commented:

« Safran demonstrated its growth potential despite the current financial and confidence crisis in Europe, delivering 35% growth in recurring operating income while also generating significant operating cash flows to support increasing investment in its businesses. We are investing in new products and technology, expanding our growth market footprint and consolidating our worldwide leadership in next-generation single aisle aircraft market.

2011 was a record year for CFM across the board. The LEAP engine made a perfect takeoff recording more than 3,000 orders on A320neo, B737MAX and C919. CFM logs record commitments and is also achieving record production rates for the CFM56 product line, building for aftermarket services in the future.

We’ve also successfully completed several strategic moves strengthening our position: the acquisition of SNPE Matériaux Energétiques (SME) in solid propulsion; the acquisition of L-1 Identity Solutions in biometric solutions; the partnership with Honeywell in green taxiing and the combination of optronics capabilities with Thales for certain new generation Defence equipment.

In what is likely to remain an unstableenvironment, we are confident we are on track for further solid earnings growth in 2012 and in future years while resolutely investing in technology and breakthrough products on the long term. »

FULL-YEAR 2011 RESULTS

Safran delivered solid operational performance in full-year 2011.

Record orders and backlog. New order intake during 2011 improved by 60% to Euro 21 billion, providing some evidence of robust and resilient demand. The backlog grew to Euro 43 billion, containing recent CFM56 and LEAP firm orders. It does not include flows of non-contractual future CFM56 spares activity structurally deemed to provide significant revenue streams in the future decades.

Solid growth in revenue. For full-year 2011, Safran’s revenue was Euro 11,736 million, compared to Euro 10,760 million in the same period a year ago, a 9.1% year-on-year increase (6.3% organic growth).

Full-year 2011 revenue increased by Euro 976 million on a reported basis, notably highlighting performance in aerospace and security. On an organic basis, revenue increased by Euro 681 million as a result of higher aerospace OEM volumes and improving aftermarket trends in aerospace, continuing strength in the defence business (optronics) and momentum in security (biometry, e-Documents).

Organic revenue was determined by deducting from 2011 figures the contribution of activities acquired in 2010 and 2011 and activities newly consolidated when compared to 2010 scope of consolidation and by applying constant exchange rates. Hence, the following calculations were applied:

The unfavourable currency impact on revenue of Euro 127 million for full-year 2011 reflected a global negative translation effect on the revenue exposed to foreign currencies, notably in USD. It was partly offset by a positive transaction impact with a significant improvement in the Group’s hedged rate (USD1.37 to the Euro vs. USD1.44 in the year ago period).

Double-digit recurring operating margin. For full-year 2011, Safran’s recurring operating income was Euro 1,189 million (10.1% of revenue), up 35% compared to full-year 2010 figure of Euro 878 million, 8.2% of revenue. After taking into account the positive currency impact (Euro 138 million) and the impact of acquisitions and newly consolidated activities (Euro 26 million), organic improvement was Euro 147 million or 17% year-over-year.

This improvement was primarily driven by the aerospace activities in propulsion and equipments benefiting from solid original equipment growth and trends in aftermarket while realizing the benefits of a leaner cost structure.

There were one-off items during full-year 2011: Euro (37) million of M&A transaction and integration costs mainly related to the L-1 Identity Solutions and SME, and Euro (15) million impact from claims and litigations not attributed to the normal course of operations, partly offset by an impairment reversal of Euro 23 million related to the A380 engine program.

Adjusted net income - group share grew by 27% year-over-year. It was Euro 644 million or Euro 1.59 per share, compared to Euro 508 million (Euro 1.27 per share) in full-year 2010. In addition to the rise in recurring operating income, this improved performance includes:

• Net financial expense of Euro 215 million, including Euro 42 million of cost of net debt.
• Tax expense of Euro 289 million (31% effective tax rate).

The reconciliation between 2011 consolidated income statement and adjusted income statement is provided and commented in the Notes on page 10.

BALANCE SHEET AND CASH FLOW

Operations generated Euro 532 million of Free Cash Flow. The net debt position was Euro 997 million as of December 31, 2011 compared to a net cash position of Euro 24 million as of December 31, 2010. Free cash flow generation of Euro 532 million was driven by the cash from operations of Euro 1,185 million and a decrease in working capital needs of Euro 62 million partly devoted to higher R&D spend and industrial investment. Major cash outflows in the year were a 2010 dividend payment of Euro 202 million (€0.50 per share) as well as an interim 2011 dividend payment of Euro 102 million (€0.25 per share), in addition to acquisitions (principally SME for Euro 277 million and L-1 Identity Solutions for Euro 786 million). The net proceeds of the disposal of 6.5 million treasury shares were Euro 180 million in 2011.

As of December 31, 2011, Safran had cash of Euro 1.4 billion and Euro 2.6 billion of secured and undrawn facilities available.

DIVIDEND TO SHAREHOLDERS

A dividend payment of Euro 0.62 per share will be proposed to the shareholders’ vote at the next Annual General Meeting on May 31, 2012. An interim payment having been made in December 2011 (Euro 0.25 per share), the remaining dividend payment would be Euro 0.37 per share in 2012 (approximately Euro 150 million). This balance would be paid from June 8, 2012 (ex-dividend date: June 5, 2012).

EMPLOYEES

Employee number increase
More than 6,000 people were hired in 2011 (of which around 3,000 in France) to ensure generation renewal, accompany the expected increase in activity and add to the R&D teams. The Group expects to hire an additional 6,000 people in 2012, leading to a net increase of headcount, including in France.

Profit sharing
As per the new French legislation passed in 2011, the Group agreed with employee representatives to pay a Euro 500 profit sharing bonus to all eligible employees in the French entities. The accounting impact, Euro 20 million, is included in 2011 accounts. Concomitantly, Safran decided to implement a leveraged employee shareholding plan to have employees more closely associated with the future objectives, successes and performances of the Group. 16,000 persons, half of these employees, have signed on to the plan demonstrating their confidence in the future of the Group. The IFRS2 cost of this plan was Euro 8 million in 2011.

In 2011, the total amount of the Group’s contribution to employee profit-sharing and incentive schemes (including the share grants plan and the above) totalled Euro 209 million, up 30% on an organic basis.

RESEARCH & DEVELOPMENT

Total R&D expenditures, including customer funded, reached Euro 1.3 billion.
The self-funded R&D effort before research tax credit was Euro 808 million or 6.9% of revenue in full-year 2011, up Euro 171 million compared to full-year 2010. It reflects the increasing spending on new developments (notably the LEAP and Silvercrest engines, as well as A350 equipments), while some programs are tailing off (A400M, SJ100). The impact on recurring operating income after tax credit and capitalization was up by Euro 89 million at Euro 495 million compared to last year.

OUTLOOK

Despite continued volatility to remain in 2012, Safran expects on a full-year basis:

• Revenue to increase by around 10% (at an estimated average spot rate of USD 1.37 to the Euro).
• Recurring operating income to increase by around 20% (at a hedged rate of USD 1.32 to the Euro).
• Free cash flow to represent about a third of the recurring operating income taking into account the expected increase in R&D investments and capex.

The full-year 2012 outlook is based on the following underlying assumptions:

• Healthy increase in aerospace OE deliveries
• Civil aftermarket up in the high single digits
• Incremental R&D cash effort of around Euro 200 million
• Strong and profitable growth for the Security business, notably MorphoTrust (ex- L-1 ID)
• Profitability improvement in Defence, notably in Avionics
• Continued improvement in Equipment
• On-going Safran+ plan to enhance the cost structure and reduce overhead.

CURRENCY HEDGES

During the year 2011, the Group has finalized its hedging for 2012 and 2013 while improving the 2012 rate by another cent. The 2014 hedging is almost completed with USD 4.2 billion achieved at USD 1.29 to rise to USD 4.8 billion at USD 1.28 as long as Euro/USD<1.52 for 2012. The 2015 hedging is well advanced with USD 1.5 billion achieved at USD1.30 to rise to USD 2.6 billion at USD1.29 as long as Euro/USD <1.52 from 2012 to first half of 2013. At February 15, 2012, the firm hedge book amounted to USD 14.8 billion.

Hedged rates are now:

• 2012: new hedged rate of USD 1.32 to the Euro (vs. USD 1.33)
• 2013: USD 1.29 to the Euro (unchanged)
• 2014: targeted hedged rate of USD 1.28 to the Euro (unchanged)
• 2015: targeted hedged rate below USD 1.30 to the Euro (unchanged)

BUSINESS COMMENTARY

• Aerospace Propulsion _Full-year 2011 revenue grew by 9.0% at Euro 6,110 million, or 5.8% on an organic basis, compared to the year-ago period revenue at Euro 5,604 million. Revenue evolution resulted from growing civil aftermarket activity in CFM and high-thrust engines, as well as in helicopter turbines, in addition to a rise in OEM deliveries. OEM CFM56 engine deliveries at 1,308 units were up by 57 units compared to the same period a year ago. After an exceptional year, total CFM56 and LEAP orders and commitments now stand at more than 9,400 engines, about 7 years of production. Excluding the contribution of SME, space & missile propulsion revenue was flat in the year.

On a full-year 2011 basis, service revenue share reached 49.0% of Aerospace Propulsion revenue. Global CFM International spare parts revenue was up 8.0% in USD terms, with gradual improvement in value throughout the year driven by second generation engines. In the fourth quarter 2011, CFM International spare parts revenue was up 14% when compared to third-quarter 2011 in USD terms (and up 3.0% year-over-year). The estimated* total number of shop visits in full-year 2011 for CFM-equipped civil aircraft increased to 2,329 as compared to 2,131 in full-year 2010.

[(*) shop visit numbers are estimates; these can be revised marginally in the future as airlines finalise reports]..

Full-year 2011 recurring operating income was Euro 909 million (14.9% of revenue), up 37% compared to Euro 663 million in the year-ago period (11.8% of revenue). This improvement resulted from healthy activity in civil aftermarket and the ramp-up of recent Support-By-The-Hour maintenance contracts in helicopter engines, as well as from increased unit revenues on CFM56 original equipment. Profits were also driven by Safran+ cost reduction efforts. Higher R&D expenses, primarily on LEAP engines, had an impact on profitability. The currency hedging had a positive impact on profitability.

The contribution of SNPE Materiaux Energétiques (consolidated since April 5) was Euro 202 million in revenue and Euro 18 million in recurring operating income.

• Aircraft Equipment The Aircraft Equipment segment reported full-year 2011 revenue of Euro 3,097 million, up 9.3% (8.7% on an organic basis), compared to the year-ago period.

The increase in revenue was primarily attributable to 2-digit growth in the nacelle and wheels & brakes businesses in both OE and civil aerospace services. The nacelle activity recorded a significant increase in small nacelles deliveries (up 37%), as well as higher deliveries of A380 nacelles (104 units in the full-year 2011 compared to 74 nacelles in the year-ago period). The harnessing activity saw a robust performance driven by a production ramp up in all its product lines.

On a full-year 2011 basis, service revenue grew by 8% driven by higher civil aftermarket, notably in nacelles, but its share of Aerospace Equipment revenue slightly decreased from 31.3% to 31.0% as a result of higher revenue growth in original equipment.

Full-year 2011 recurring operating income was Euro 202 million (6.5% of revenue), up 59% compared to Euro 127 million in the year-ago period (4.5% of revenue). This significant improvement was driven by the expected turnaround in nacelles, which returned to profitability for the first time in many years, and mix/volume impact on harnesses and landing systems. The nacelle activity recorded a slight profit benefitting from the effect of lower production costs on higher A380 volumes, a recovery in the small nacelle business and more service activity. The currency hedging also had a positive impact on profitability.

• Defence _Full-year 2011 revenue was up 1.9% at Euro 1,264 million, or up 2.7% on an organic basis, compared to the previous year. The performance was mainly driven by 2-digit revenue growth in the Optronics activity on the basis of a robust order backlog (Felin soldier integrated equipment suites for French Army, long-range infra-red goggles on export markets). This trend was partly mitigated by a slowdown in Avionics revenue with low volume in aircraft modernisation programs and in infrared seekers.

Full-year 2011 recurring operating income at Euro 58 million (4.6% of revenue) was up 5% compared to Euro 55 million (4.4% of revenue) in full-year 2010. Optronics delivered solid profits thanks to a favourable volume and mix while Avionics declined due to low volume in some legacy programs. Safran Electronics reached operating breakeven for the first time after the costs incurred at its creation.

• Security
  The Security activity reported full-year 2011 revenue of Euro 1,249 million, up 20.0% compared to the year-ago period. On an organic basis, it was up 9.6% driven by a particularly strong year in e-Documents, notably in the telecommunication and banking market segments in Latin America, and by a good performance of identification activities in emerging countries. In the fourth quarter 2011, the Detection business has fully caught up from a low 9-month performance and revenue ended 3% organically over previous year level.

Full-year 2011 recurring operating income increased by 9% (11% organically) at Euro 139 million (11.1% of revenue) compared to Euro 128 million (12.3% of revenue) in the year-ago period. The incremental contribution in profitability was driven by the identification solutions with higher margins contracts and the favourable volume and mix effect in the e-Documents activity. The detection business recorded solid profits but somewhat below last year level due to a negative price impact in the U.S. market.

The contribution of L-1 Identity Solutions (consolidated since July 26) was Euro 134 million in revenue and Euro 4 million in recurring operating income.

SUBSEQUENT EVENTS

Treasury shares
In January 2012, Safran disposed 6 million treasury shares (Euro 104 million) within the frame of the implementation of the leveraged employee shareholding plan.

U.S. debt Private Placement
In February 2012, Safran successfully closed a USD 1.2 billion U.S. Private Placement of senior unsecured notes issue with long term maturities of 7, 10 and 12 years. This transaction enables Safran to diversify its funding sources at attractive conditions, to lengthen the maturity of its debt profile and to provide long term funding for the acquisitions made in the past 3 years, notably in the U.S.

UPCOMING EVENTS

Q1 2012 revenue April 26, 2012
AGM May 31, 2012
H1 2012 results July 31, 2012
Q3 2012 revenue October 25, 2012

* * * * *

Safran will host today a conference call open to analysts and investors at 8:45 am CET which can be accessed at +33 1 70 77 09 39 from France, +44 203 367 9459 from the UK. A replay will be available at +33 1 72 00 15 00, +44 203 367 9460 and +1 877 642 3018 (access code 275687#).

The press release, presentation and consolidated financial statements are available on the website at www.safran-group.com

* * * * *

KEY FIGURES

(*) based on a weighted average number of shares of 399,552,920 as of December 31, 2010 (**) based on a weighted average number of shares of 404,735,461 as of December 31, 2011

NOTES

[1] Adjusted data
To reflect the Group’s actual economic performance and enable it to be monitored and benchmarked against competitors, Safran prepares an adjusted income statement alongside its consolidated financial statements

Safran’s consolidated income statement has been adjusted for the impact of:

• purchase price allocations with respect to business combinations. Since 2005, this restatement concerns the amortization charged against intangible assets relating to aeronautical programs that were revalued at the time of the Sagem-Snecma merger. With effect from the first-half 2010 interim financial statements, the Group has decided to restate the impact of purchase price allocations for business combinations. In particular, this concerns the amortization of intangible assets recognized at the time of the acquisition, and amortized over extended periods, justified by the length of the Group’s business cycles;

• the mark-to-market of foreign currency derivatives, in order to better reflect the economic substance of the Group’s overall foreign currency risk hedging strategy:
  • revenue net of purchases denominated in foreign currencies is measured using the effective hedged rate, i.e., including the costs of the hedging strategy,
  • the recognition of all mark-to-market changes on non-settled hedging instruments at the closing date is neutralized.

FY 2011 reconciliation between consolidated income statement and adjusted consolidated income statement

Readers are reminded that only the consolidated financial statements are audited by the Group’s statutory auditors. The consolidated financial statements include revenue and operating profit indicators set out in the adjusted data in Note 4, “Segment information” of the consolidated financial statements. Adjusted financial data other than the data provided in Note 4, “Segment information” of the consolidated financial statements, are subject to verification procedures applicable to all of the information provided in the Registration Document.

The audit procedures on the consolidated financial statements have been completed. An audit opinion will be issued after the Board of Directors’ meeting of April 11, 2012, once specific verifications and a review of events subsequent to February 22, 2012 have been performed.

[2] Recurring operating income
In order to better reflect the current economic performance, this subtotal named “recurring operating income” excludes income and expenses which are largely unpredictable because of their unusual, infrequent and/or material nature such as: impairment losses/reversals, capital gains/losses on disposals of operations and other unusual and/or material non operational items.

* * * * *

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. .

PRESS RELEASE

23.02.2012
Safran to hire 6,000 new employees in 2012 … and publicize it!

Paris, February 21, 2012

Safran, a world leader in the global aerospace, defense and security markets, is recruiting 6,000 new employees in 2012, including nearly half in France, and is publicizing this fact through a large-scale advertising campaign.

Starting on Thursday, February 23, Safran will be rolling out a vast ad campaign in the press, online and on billboards, along with a special poster event in the Paris Métro. It will also be launching new school relation initiatives, including the creation of a network of ambassadors, plus a revamped Human Resources section on the website (www.safran-talents.com) and a special program targeting leading social networks (Facebook, Linkedin, Viadeo). Through this multimedia approach, Safran is deploying the resources needed to recruit today’s top talents, in order to support its growth, consolidate its leadership and continue the flow of innovative solutions.

The new hires will join a major international enterprise that counted nearly 60,000 employees at the end of 2011, all focused on inventing tomorrow’s technologies. Safran offers a wide range of jobs and career development opportunities, but this campaign is primarily intended to bolster its Research & Development teams. Two-thirds of Safran’s new hires in France will be for engineering positions. Furthermore, reflecting its strong commitment to corporate social responsibility, Safran will be emphasizing diversity in its recruitment efforts, including hiring more women for engineering and management positions.

The new ad campaign, developed by the agency Euro RSCG C&O, features a new tagline, "Key Missions, Key Technologies, Key Talents". It spotlights the technological innovations developed by Safran’s engineers and how these innovations contribute to society as a whole.

The three ads each feature a striking color photo and share the same headline, "Safran is recruiting engineers for some Very Important Missions," while also pointing out the benefits of these technologies.

• A mountain search & rescue worker succeeds thanks to the helicopter engine designed by Safran’s engineers.
• 840 million Indians will receive an ID card giving them access to healthcare and allowing them to vote, thanks to a unique identification program based on Safran’s technologies.
• A new jet engine developed by Safran will enable millions of voyagers to explore the world while also reducing their environmental impact.

As the ad says, "Yet another innovation from Safran that’s more than just a new technology."

*****

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 nearly 60,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

PRESS RELEASE

24.02.2012
Major Leasing Companies Validate TRUEngineTM Program as ILFC, CIT, AerSale, GECAS Sign Letter Agreements

WEST CHESTER, Ohio - 22 February 2012 - Four of the world’s largest aircraft leasing companies, International Lease Finance (ILFC), CIT, AerSale, and GE Capital Aviation Services (GECAS), have signed Letters Agreements with CFM International to include their engines in the TRUEngine program.

The TRUEngine designation serves as a method for identifying engines with CFM-approved content and facilitates product support of the engine system. Moreover, industry stakeholders can use the knowledge of engine content to evaluate engine value and re-marketability.

Since CFM launched the program in 2008, CFM has continued to enhance the program to bring added customer value. One such enhancement includes the addition of cumulative lease days that qualify customers for complimentary annual spareengine support from the CFM lease pool in the event of any unscheduled removals.

TRUEngine has continued to achieve broad-based industry acceptance. Currently, more than 6,990 CFM56 engines in service with operators worldwide are enrolled in the TRUEngine program. This number represents more than 40 percent of the in-service CFM56 commercial fleet worldwide. To date, nearly 65 airlines have qualified portions of their CFM56 fleets for the TRUEngine program.

“We’re very pleased that the world’s leading leasing companies recognize the benefits that the TRUEngine designation can bring to their portfolios,” said Jean-Paul Ebanga, president and CEO of CFM International. “The TRUEngine designation enhances customer value in that it confirms engine content and the applicability of CFM technical data and, thus, streamlines the support process, and our customers are getting real benefits from the program.”

The TRUEngine program is available for all CFM56 engines. To qualify, a customer submits engine serial numbers, along with a combination of fleet operational and maintenance records, to CFM for evaluation to ensure the engine content, overhaul practices, and repairs are consistent with CFM requirements for that engine model.

PRESS RELEASE

27.02.2012
Sagem wins maintenance contract for Sperwer drones deployed by French army

Paris, February 27 th, 2012.

Sagem (Safran group) has just signed a contract with SIMMAD (1), on behalf of the French Ministry of Defense, to provide in-service maintenance for the Sperwer SDTI tactical drone systems deployed by the French army.

The contract covers all maintenance, repair and technical support services for systems in service with the army until 2014.

It also includes an order with Robonic Oy, the Finnish subsidiary of Sagem, for two Kontio towed pneumatic catapult systems (type MC2555LLR). Lighter and smaller than the first-generation catapults, these units will reduce the system’s footprint, decrease operating costs, facilitate catapult operations, and increase the payload to extend the drone’s endurance.

In addition to the new catapults, Sagem has made other upgrades to improve the system’s capabilities and meet the army’s evolving needs: integration of NATO standard 4609 interoperability modems in the ground stations, higher-performance aircraft, and the delivery of portable remote video terminals (RVT) to improve image reception.

Sagem’s Dijon and Poitiers plants will produce the optronics modules for this contract, while the company’s Montluçon plant will work on the ground segment and the aircraft.

Sperwer drones have been deployed in Afghanistan since 2003 to support NATO’s air-land forces. In the French army, they are operated by the 61st Artillery Regiment, which has been deployed in Afghanistan since November 28.

Sagem has produced 25 complete Sperwer tactical drone systems to date, including 140 aircraft.

(1) SIMMAD (Structure Intégrée de Maintien en conditions opérationnelles des Matériels Aéronautiques) is a joint services entity, reporting to French air force headquarters, that overseas maintenance, repair and overhaul (MRO) services for aircraft deployed by the armed forces.

****

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

PRESS RELEASE

27.02.2012
Nippon Carbon Company, GE and Safran to Establish Silicon Carbide Continuous Fiber Joint Venture

Joint Venture Anticipates Growth in Demand for CMCs

TOKYO, JAPAN – February 27, 2012—Nippon Carbon Company, Ltd., GE and Safran are creating a joint venture to manufacture and sell silicon carbide (SiC) continuous fiber or Nicalon®, an important material for CFM’s next-generation of high performance aircraft engine components. Closure of the joint venture is subject to regulatory approvals.

The new joint venture, NGS Advanced Fibers, will be headquartered in, Chuo-ku, Tokyo with facilities in Toyama-shi, Toymama in Japan. Nippon Carbon Company will have a 50% share in the new joint venture and GE and Safran with a 25% share each.

“Silicon carbide continuous fiber, Nicalon®, is a ceramic fiber developed, manufactured and marketed by our company, which combines lightness and strength with high thermal resistance even in air,” said Shigeo Tajima, president of Nippon Carbon Co., Ltd. “Demand for aircraft engine components is set to increase ten-fold over the next decade, and we plan to meet this growth in the market for high-tech materials by establishing the joint venture.”
“Nicalon® is important to our development of ceramic matrix composite materials (CMCs) that will differentiate our next-generation of aircraft engines,” said Sanjay Correa, vice president and general manager of CMC Programs at GE. “CMCs will bring a multitude of benefits to our customers, including reduced weight, enhanced performance and improved durability. GE is expanding the use of CMCs in its new engines under development, and this joint venture will enable us to ensure a consistent supply of this material to meet our projected demand.”

“Safran’s primary technology initiatives and investments, in line with market expectations, are to develop more environmentally-friendly aircraft engines. One of the main expected technological breakthroughs will be the use of CMC materials in hot sections of engines that will help reduce fuel consumption,” said Jean-Luc Engerand, CEO of Snecma Propulsion Solide (Safran Group). “The signature of today is an important step towards this perpective.”

The three companies anticipate their demand for CMCs to increase tenfold over the next decade. The newest engine in development for CFM International, a 50/50 joint venture between GE and Snecma (part of Safran group), is the LEAP engine for the next-generation of narrow-body aircraft, including the COMAC C919, Airbus A320neo and Boeing 737 MAX. The LEAP engine will incorporate CMC material in its engine components, and demand has soared to more than 3,300 LEAP engines on order for the three airframes it will power. GE and Safran continue to investigate CMCs for additional engine applications.

****

About Nippon Carbon Company, Ltd.
As a pioneer in the carbon industry in Japan, Nippon Carbon has developed a wide variety of products by utilizing the excellent characteristics of carbon. Nippon Carbon’s major business area is the production and sale of artificial graphite electrodes for electric arc furnaces employed steel making, impervious graphite products for chemical equipment such as heat-exchangers, carbon specialties which have variety of characteristics: excellent electrical conductivity, heat resistance, resistance to chemical attack, self-lubrication and ease in machinability, carbon specialties used for every industry such as electrical industry, mechanical industry, semiconductors industry, aerospace and nuclear industries, carbon fiber products used as heat insulating and structural material for semiconductor and high temperature heat treatment industries, flexible graphite for the automotive industry, and other carbon products. For more information, visit www.carbon.co.jp.

About GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. For more information, visit www.ge.com/aviation.

About Safran
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

PRESS RELEASE

05.03.2012
Morpho Chosen to Supply Chile’s New ID Documents

Paris, March 5, 2012

Morpho (Safran group) announced today that it has signed a 10-year contract with Chile’s national records administration (Servicio de Registro Civil e Identificación) to produce e-ID cards and e-Passports under the country’s new identification and ID and travel document issuance system.

The company will provide end-to-end secure ID management and document production based on its latest-generation identity management solution. Under the contract, Morpho will also supply enrollment stations for capturing biometric data (photos and fingerprints). For additional security, the ID cards and passport data pages will be manufactured in highly secure production sites, using polycarbonate, the most resistant material on the market today.

With its solid expertise in identity management, biometrics, smart cards and secure printing, Morpho is equipped to provide Chile with a world-class identification solution that meets the industry’s most stringent standards.

“We are delighted to have been chosen to support the government of Chile in this major ID project”, stated Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “We are also proud as Chile is the first Latin American country to select polycarbonate ID documents supplied by Morpho. With our worldwide experience in large-scale biometric identity projects, strong regional presence and knowledge of the market, this project is set to be a success”.

Morpho has been present in Latin America since 1995 and has deployed biometric and identity systems in 17 countries in the region to date.

* * * * *

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

21.03.2012
Safran implements an employee shareholding plan for the employees of the Group’s non-French entities

Paris, March 21, 2012 – Safran (NYSE Euronext: SAF, ISIN code: FR0000073272) implements an employee shareholding plan, named “Leverage 2012”, for the employees of the Group’s non-French entities, similar to the plan proposed to the employees of the Group’s French entities by the end of 2011.

This document constitutes the press release required by the Autorité des marchés financiers ("AMF") in accordance with Article 212-4 5° of its General Regulations and article 14 of instruction n° 2005-11 of December 13, 2005.

Purpose of the transaction – reasons for the offering

This offering aims to have employees more closely associated with the future targets, successes and performances of the Group.

The relevant securities, held directly or through an employees shareholding vehicle (a French FCPE) within the International Group Savings Plan (IGSP), will be locked-up for a five-year period. The capital will be guaranteed and the employees will benefit from a possible increase in the Safran security along with a leveraged component and differentials threshold (cliquets) guaranteeing gains when the security price reaches certain levels.

Securities offered in the transaction

The offering will be conducted by a sale of the Group’s treasury shares.

The sale of shares is reserved for employees who are members of the IGSP and will be conducted in accordance with articles L. 3332-18 et seq. of the French Labor Code (Code du travail). The offering will involve a maximum of 800,000 shares.

The purchase price of the Safran shares will be set on April 20, 2012 and will be equal to the average of the closing price of the Safran share on NYSE-Euronext Paris (Reference Price) during March 21 (inclusive) and April 19 (inclusive) to which a discount of 20% will be applied.

Conditions of the offer

• Beneficiaries of the share offering reserved for employees: the beneficiaries of the offering are employees of the Group’s non-French entities who are members of the IGSP. The employees of the relevant companies are beneficiaries of the offering regardless of the nature of their employment contract (fixed or indefinite term length, full or part time employment) subject to being able to justify a three-month seniority within the Group by the last day of the subscription period.
• Terms and conditions of participating in the offer: the shares will be acquired via an FCPE (fonds commun de placement d’entreprise), except in the USA where eligible employees will hold their shares on the registered form (nominatif) and will be allocated Stock Appreciation Rights (SAR) by their employer, the amount of which will be indexed in accordance with a formula similar to the one offered under the leveraged formula.
• Formula to acquire Safran shares: the employees will be able to acquire Safran shares via a subscription formula known as «leveraged», which allow them to benefit from a guarantee on their investment in the offer.
• Voting rights: the voting rights associated with the shares will be exercised by the FCPE Supervisory Board and exercised individually when the shares are held directly by the employees.
• Subscription threshold: the personal contributions are capped at €1,000, except in the USA where the maximum subscription amount is capped at 60 shares. Moreover, the employees’ annual payments made in the IGSP shall not exceed, in accordance with Article L.3332-10 of the French Labor Code, one-fourth of their gross annual remuneration for the year 2012.
• Lock-up applicable to the corresponding FCPE units or shares: the employees participating in the offering shall hold the corresponding units of the FCPEs ot the Safran shares for a five year period, except in case of an early exit event.

Tentative calendar of the transaction

• Announcement of the subscription price: April 20, 2012.
• Subscription period: from April 20 (inclusive) to May 4, 2012 (inclusive).
• Settlement-delivery of the offering: scheduled for May 16, 2012.

These dates are approximate and may be subject to change.

Listing

The Safran shares are listed on NYSE Euronext Paris (ISIN  code: FR0000073272).

Hedging transactions

The implementation of the leveraged formula may generate hedging transactions from the financial establishment structuring the offering (Société Générale), as from the date of this press release and during the entire period of the offering.

* * *



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 more than 54,000 employees and generated sales of 10.8 billion euros in 2010. 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 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC40 index.
For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

22.03.2012
Firefly selects Messier-Bugatti-Dowty wheels and carbon brakes for its 737 Next-Generation fleet

Sepang, March 22, 2012 – Leading Malaysian airline Firefly has selected Messier-Bugatti-Dowty to supply wheels and carbon brakes for its Boeing Next-Generation 737 fleet. The contract covers a total of 63 Boeing 737-800 twinjets, either new or to be retrofitted.

The operational benefits of Messier-Bugatti-Dowty wheels and carbon brakes for this aircraft are clearly proven. Messier-Bugatti-Dowty carbon brakes reduce the weight of each 737-800 by 770 pounds (350 kg) compared to conventional steel brakes, which in turn reduces fuel consumption and CO2 emissions. The new brake also features additional cost savings with a far greater endurance (2,200 landings per overhaul) and three times less maintenance.

"The savings generated by Messier-Bugatti-Dowty carbon brakes directly contribute to reduced operating costs, thus enabling us to pass those savings to our customers while offering them a better product," said Ignatius Ong, Chief Operating Officer for Malaysian Air System Short Haul Operations/Firefly."

Firefly previously made the switch to Messier-Bugatti-Dowty wheels and carbon brakes for its ATR 72-500 turboprop commuter fleet.

Alain Sauret, Chairman and CEO of Messier-Bugatti-Dowty, added, "This latest contract for our wheels and carbon brakes clearly bolsters Messier-Bugatti-Dowty’s leadership position, attesting to the overall reliability and excellence of our products. In the 737 Next Generation market segment alone, Messier-Bugatti-Dowty is outselling the competition by three to one.”

Messier-Bugatti-Dowty offers a certified carbon brake for all models in the Boeing Next-Generation 737 family, as original equipment or for retrofit. To date, Messier-Bugatti-Dowty has recorded commitments to equip 750 airplanes.

The announcement of this contract falls prior to the prestigious Malaysian F1 Grand Prix race, where Messier-Bugatti-Dowty will also be on the starting line. The company supplies Formula One teams with carbon brake and clutch disks which offer the same reliability, safety and high-temperature endurance as Messier-Bugatti-Dowty’s aviation products.

Messier-Bugatti-Dowty is the world’s number one supplier of wheels and carbon brakes, with over 5,000 commercial aircraft equipped.

* * *

About Firefly
Firefly, a wholly owned subsidiary of Malaysia Airlines, began operations in April 2007. Currently, it operates a fleet of 12 ATR 72-500 turboprop out of Penang and Subang, connecting secondary destinations within the Indonesia-Malaysia-Thailand Growth Triangle as well as providing air linkages between Malaysia and Singapore.
Firefly provides incredible value as well as convenient flight timings and excellent service to its passengers. On the ATR 72-500, passengers are allowed 20kg check-in baggage allowance, provided complimentary in-flight refreshment, assigned seating and convenient city airports.
Firefly had also received numerous awards and recognition. The most recent was on November 15, 2011 when Firefly was conferred “Superbrand” status. Other awards received include the 2010 Frost & Sullivan Value Airline of the Year award and the Green Initiative of the Year 2010 award by Leaders in Aviation in conjunction with the Doha Aviation Summit. Firefly is also recognised as the Best Brand in Aviation for the Brand Laureate.
Firefly connects with the world through Facebook and Twitter.

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul.
Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day.
The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

23.03.2012
Safran names Gioia Venturini Director, VP Europe / CIS / Africa zone

Paris, March 23, 2012

Gioia Venturini joined the Safran group on March 12, 2012 as Director, VP Europe / Commonwealth of Independent States / Africa zone. She reports to Bruno Cotté, Executive Vice President, International.

Gioia Venturini, 39, earned degrees from ENA (2002), the Institut de Gestion de Rennes (1998), IEP Paris (1997) and the Scuola Superiore per Interpreti e Traduttori (1995). Gioia Venturini started her career with Finmeccanica in 1998 as a project manager in the International Affairs department. She then joined CEIS as consultant and Deputy Director of Business Development for major accounts, including Areva and Dassault. In 2002 she was named Senior Manager for Europe and Africa at EADS International, then moved to Arianespace in 2007 as Director of Government and Commercial sales for Europe and Africa.

****

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

PRESS RELEASE

27.03.2012
Morpho unveils average speed solution at Intertraffic 2012

Intertraffic Amsterdam, March 27, 2012

Morpho (Safran group), a leading supplier of integrated road safety solutions, has launched MESTA SMART®, an average vehicle speed control solution, at Intertraffic Amsterdam 2012.

This new generation solution measures average vehicle speed, day and night, under any weather conditions. Based on automatic number plate recognition (ANPR) technology, it uses state-of-the art cameras to calculate the average speed of vehicles (up to 250 km/h / 155 mph) over a given distance, ranging from 150 meters to several dozen kilometers.

In addition to measuring average speed, this modern, customizable system offers additional functions, such as the generation of traffic flow statistics and the identification of stolen vehicles.

Designed for both urban and rural settings, MESTA SMART® is particularly suited for speed monitoring in high-risk zones such as schools and roadworks sites. Its purpose is to encourage drivers to respect speed limits throughout the entire road section and thus prevent sudden decelerations and accelerations at control points.

MESTA SMART® will be on display at Intertraffic Amsterdam 2012 from March 27-30, Hall 1, booth # 214.

* * *

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

27.03.2012
Sagem’s JIM LR binoculars win Long Range Thermal Imager contract for British army

Paris, March 27, 2012

On February 3, 2012, the British Ministry of Defence, through the Defence Equipment & Support (DE&S*), awarded Sagem (Safran group) a major contract for JIM LR (Long Range) multifunction infrared binoculars for its “Long Range Thermal Imager Programme”, worth a total of £5 million (6 millions Euros).

Developed and produced by Sagem, JIM LR incorporates in a single portable optronics package a number of advanced features, including day/night (infrared) vision, rangefinding, laser pointer, North seeker, GPS and data transmission. Used for intelligence, surveillance, target acquisition and reconnaissance missions, JIM LR binoculars will significantly expand the capabilities of British infantry units.

The decisive factors in the DE&S’s selection were the JIM LR proven operability in severe combat environments, detection and identification performance, and a complete multimedia service designed to support a real-time intelligence cycle.

The JIM LR binoculars for the British army will incorporate new functions enabling users to successfully carry out their missions, in particular when facing asymmetrical threats:

• Image fusion between the infrared and visible channels, to penetrate camouflage during the day, along with all-weather vision (through smoke, etc.).
• Ability to record images and videos via a USB port.

Sagem will also provide training for users and maintenance staff.

Several NATO forces deploy JIM LR binoculars in their infantry, artillery, intelligence, special-mission, border and coast guard units. With this latest international contract, there are now nearly 5,000 JIM LRs in service or on order worldwide, including 2,000 with French armed forces. Winning this coveted program award also confirms Sagem’s leadership in portable optronics equipment for front-line combat units.

* Defence Equipment & Support (DE&S) is the British Ministry of Defence department in charge of equipment procurement and support for all armed forces. It is based in Bristol.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets.
Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems.
Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,500 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.

PRESS RELEASE

27.03.2012
Patents filed in France : Safran ranked No. 2

Paris, March 27, 2012

Safran filed for 573 patents in 2011, ranking it second in France according to the list published today by the French National Institute of Industrial Property (INPI, Institut National de la Propriété Industrielle). Safran moved up three spots in the rankings from 2010, increasing its patent filings by 30%.

Once again, Safran was the patent leader in the aerospace, defense and security markets. Its position in these rankings clearly reflects the Group’s ongoing strategy of establishing a distinctive difference through innovation in all businesses, whether for new technologies underpinning more fuel-efficient aircraft engines, especially the use of composite materials for critical parts, the new green taxiing system*, onboard electronics, or advanced security technologies such as biometric algorithms.

"It is very important for Safran to have earned second place in this year’s INPI rankings," said Jean-Paul Herteman, Chairman and CEO of Safran. "Above all, this excellent result is a reflection of the outstanding efforts made by our research teams, and it is also a concrete illustration of our strategy based on constant innovation to maintain our distinctive difference in an environment characterized by growing international competition. We continue to increase our investment in R&D, which amounted to 1.3 billion euros in 2011 and could reach 1.6 billion euros this year."

Since being founded, Safran has always encouraged its employees’ initiative and commitment to innovation in all areas and at all levels of the Group, from local improvements to major technological breakthroughs.

At the same time, Safran has developed a number of partnerships with major research laboratories in all fundamental disciplines related to its core businesses. In 2009 Safran also set up a corporate Scientific Council to help anticipate and develop the breakthrough and even disruptive technologies that would shape its future.

* The "Electric Green Taxiing System" being developed by Honeywell and Safran will enable airplanes to taxi on the ground without having to use their jet engines. The system is based on electric motors installed directly in the wheels on the main landing gear.

***

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.

PRESS RELEASE

03.04.2012
Safran signs partnership agreement with Cnam university to develop employee skills

Paris, April 3, 2012

Francis Mer, Vice Chairman of the Safran Board of Directors, and Christian Forestier, Dean of the Conservatoire national des arts et métiers (Cnam), a national institution of higher education for adults, today signed a three-year partnership agreement, running from 2012 to 2015. This agreement reflects Safran’s policy of continuously developing the skills and expertise of its employees, to keep pace with a global context of fast-evolving technologies.

Safran applies a proactive corporate training policy, spending some 4% of its total payroll on training. The partnership with Cnam will take concrete shape through Safran Corporate University, which fosters the skills development of all employees and augments the Group’s human capital, while also preparing employees for changing job requirements.

Cnam, a national leader in university-level professional training, will support Safran by implementing skills development structures on key training programs. In 2012, the new partnership will primarily focus on finance and economy, processes, the supply chain and gateways*. This scope of action will gradually be expanded throughout the partnership.

The partnership between the Safran group and Cnam is innovative at several levels, because it will allow Safran employees to:

• earn degrees or professional certifications from Cnam, based on the deployment of a system providing partial or full equivalence with training programs at Safran;
• take a training course at Cnam, after having taken several courses at Safran;
• apply "validation of life and work experience" to targeted degrees, via a process designed specifically for Safran.

Cnam will contribute its educational expertise in three main areas :

• support for certification of training programs;
• design and leadership of new training itineraries;
• personalized support within the scope of the validation of life and work experience process.

"Through this partnership," said Francis Mer, "Safran reaffirms our commitment to offering broad professional development prospects to our employees, enabling us to meet the technological and industrial challenges in our business sectors. It will allow everyone to realize their full potential, while also consolidating the key competencies needed by our Group to innovate and deliver operational excellence day after day."

According to Dean Christian Forestier, administrateur général of Cnam, "French industry needs well trained, high-level managers and technicians, to make its rightful contribution to national GDP. Without more employee training, the deindustrialization already in progress will become worse, creating serious dependency programs for our country. Because of the wide variety of training programs we offer, and our recognized position in professional education and industry, Cnam can help Safran rise to this challenge."

* Gateway programs are designed to help employees enhance their skills and adapt to changing job requirements, or even receive training for new jobs.

****

About Safran :

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

About Cnam :

Cnam is the only French institute of higher learning that is totally dedicated to adult education. Reporting to the Minister for Higher Education, Cnam coordinates a network of 28 regional centers and 150 learning centers, with its headquarters in Paris. It offers modular and individualized training programs, resulting in universally recognized degrees, from a basic university degree (equivalent to a BA) to engineering and post-graduate degrees, as well as professional certifications in specific jobs. Cnam welcomes nearly 100,000 students per year, both in France and abroad.
Management and Business Development (MSD) is the unit in Cnam’s Management and Social Sciences Applied to Firms School dedicated to the development of engineering and training missions for companies and organizations. These missions may be joint enterprise training programs, listed in a catalog, or tailored company training and engineering missions. MSD works with other departments in the School and Cnam’s 28 regional centers, providing support for their development projects.
For further information, see: www.cnam.fr

PRESS RELEASE

05.04.2012
Aircelle and Applied Composites Engineering agree to expand the scope of cooperative U.S. nacelle services

Dallas, Texas, April 4, 2012

The Safran group’s Aircelle business unit today signed an agreement to enlarge the scope of jet engine thrust reverser and nacelle repair and services performed by Applied Composites Engineering (ACE) in the United States, building on three years of successful cooperation.

This new agreement – which was concluded at the MRO Americas conference in Dallas, Texas – sets the framework to expand ACE’s maintenance, repair, overhaul and services activities for Aircelle with jet engines that power regional airlines and business jets in the Americas.

It follows the work performed by ACE since early 2009 on Aircelle-manufactured thrust reversers on three regional airliners, for the following platforms: Embraer’s ERJ 145, powered by AE 3007 jet engines; along with the Embraer 170 and 175, which are equipped with CF34 engines. During a three-year period, ACE has processed several hundred thrust reversers at its Indianapolis, Indiana facility, demonstrating the company’s capabilities to deliver high-quality, efficient, and on-time work.

“ACE fully shares Aircelle’s values in providing the best in maintenance, repair and overhaul services,” said Marc Laubreaux, the Senior Vice President of Customer Service at Aircelle. “Today’s agreement allows us to pursue new prospects in the Americas, and is fully aligned with Aircelle’s strategy to expand its services network in key global markets, working with proven and reliable partners.”

Aircelle produces nacelles and thrust reversers for a full range of jet engines, including powerplants used on regional and mid-sized airliners, as well as business jets.

ACE is an established U.S. repair services provider, operating FAA-certified facilities at its Indianapolis, Indiana headquarters and in a satellite station in Columbus, Ohio. The company, which started in 1982 as a small composites shop supporting the Formula 1 racing industry, subsequently focused its business activities in the business jet, commercial aviation and military sectors.

“We look forward to growing the relationship with Aircelle, building on our excellent affiliation by using ACE’s U.S. presence and expertise to create new cooperative business opportunities,” said ACE President Leigh Sargent. “Together, we will examine the full range of possibilities in serving Aircelle for the Americas marketplace.”

****

About Aircelle (www.aircelle.com)
Aircelle is one of the leading players in the worldwide nacelle market for aircraft engines. A subsidiary of the Safran group, it employs nearly 3,000 people on seven sites in France, the United Kingdom and Morocco. Aircelle is the only nacelle manufacturer in the world present on all the market segments, from regional and business aircraft to the largest airliners, including the Airbus A380. Aircelle also is developing the worldwide customer support and service activity for nacelles and their components.

PRESS RELEASE

05.04.2012
Messier-Bugatti-Dowty (Safran group) appoints Olivier Blat Executive Vice President Finance

Vélizy, April 5, 2012

Messier-Bugatti-Dowty (Safran group) has appointed Olivier Blat as Executive Vice President, Finance. He replaces Philippe Menard, who has taken over new responsibilities within the Group.

Olivier Blat, 44, holds a Masters degree in Controlling from the University of Paris Dauphine (1994). He began his career with Unilever, and then joined Accenture where he led for 17 years different projects on the development and transformation of financial and support functions for a diverse range of industrial groups. In 2005, he was appointed Partner within the management consulting division of Accenture and in 2007 head of the Finance & Performance management Service Line in France. He joined Messier-Bugatti-Dowty in September 2011 as Deputy Vice-President Finance.

* * *

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul.
Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day.
The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

06.04.2012
Safran signs agreement to support the employment of disabled persons

Paris, April 6, 2012

The Safran group signed an agreement today with all unions representing its personnel to support the employment of disabled persons in France.

Safran created a Diversity and Corporate Social Responsibility department as part of Corporate Human Resources in 2008, clearly expressing its commitment to equal opportunity; Safran also signed the French Diversity Charter in 2010. Through the agreement signed today, Safran bolsters its commitment to hiring more disabled persons, facilitating their professional development and improving their work environment.

The three-year agreement is based on five major commitments: a proactive recruitment plan covering more than 70 disabled employees, 65 persons in work-study programs and 100 interns; strengthened measures for the integration and training of these employees; establishing a process to maintain their employment and provide support for career development; increased collaboration with sheltered workshops and adapted enterprises*; and in-house communications actions targeting all Group employees, designed to raise awareness about disabilities.

"The Group-wide agreement marks a new step in the deployment of the Safran group social model, based on full respect for all persons and their ability to work together and develop their capabilities," commented Jean-Luc Bérard, Safran Vice President for Human Resources. "We consider diversity a factor that drives performance and innovation. Our aim is to ensure the integration of all types of talents, and enable everybody to achieve their professional goals, within a strict context of equal opportunity."

Safran currently employs some 1,480 persons with disabilities, equal to 4.3% of the total workforce. Every year it provides training for about 50 disabled persons through internships and work-study programs. Today, the Safran group has nearly 40,000 employees in France.

* Sheltered workshops, also called work centers or social enterprises, allow people with heavy disabilities to perform jobs under appropriate conditions. They are distinguished from adapted enterprises, which are part of the commercial sector and have a workforce including at least 80% disabled employees (in France).

***

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.

PRESS RELEASE

10.04.2012
Helidax EC120 helicopters with Sagem cockpit display systems pass milestone of 30,000 flight-hours

Paris, April 10th, 2012

The 36 light EC120B helicopters deployed by Helidax, featuring Sagem’s Integrated Cockpit Display System (ICDS) and autopilots, have passed the milestone of 30,000 hours. Helidax, a joint subsidiary of the DCI group and INAER, was created as a public private partnership (PPP) for the French Army’s Light Aviation flight school.

The ICDS glass cockpit provided by Sagem (Safran group) for the EC120B perfectly meets the expectations of the military flight instructors and student pilots from this school. After completing their training, the pilots will join the French army air arm, air force, navy, national gendarmerie or the Belgian army. The avionics system provided by Sagem for Helidax’s EC120B helicopters is operated under certification by the European Aviation Safety Agency (EASA), with a Supplemental Type Certificate (STC).

Sagem’s ICDS for EC120 helicopters is compatible with night vision goggles (NVG), and is a key to training student pilots in the demanding environment faced by modern combat helicopters (the NH-90 and Tiger in particular), for both day and night operations.

The ICDS features a multifunction display (MFD) of flight data, including navigation, engine readings, coupling with the PA85 two-axis autopilot, traffic management map and weather information. This data is also integrated in the digital attitude and heading reference system (AHRS). Depending on the cockpit design, the screens in the ICDS system can be installed in portrait or landscape mode. The ICDS has been certified by the Department of Transportation (DOT) in Canada and the Federal Aviation Administration (FAA) in the United States.

Sagem’s ICDS has also been chosen to modernize the French air force’s Xingu twin-turboprop trainers, and for the AVIC AC311 helicopter in China.

(1) Helidax is a subsidiary of the DCI group and INAER, participating in a public private partnership for the Basic Training School of Light Army Aviation. (2) Department of Transportation; Federal Aviation Administration.

* * *

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets.
Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems.
Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,500 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.

PRESS RELEASE

16.04.2012
Safran and Centrale Lyon engineering school sign partnership agreement

Lyon, April 16, 2012

Jean-Luc Bérard, Vice President for Human Resources at Safran, and Frank Debouck, President of the Ecole Centrale Lyon engineering school, signed a partnership agreement on April 4, 2012. For both Safran and Centrale Lyon, this agreement reflects their commitment to establishing a long-term collaboration and also gives them a structure for the concrete expression of their joint strategy of coordinating school-industry relations in research, training, innovation and international development.

Through this partnership Safran will contribute to the definition of Centrale Lyon’s strategic objectives, and will play a role in both teaching and research. Centrale Lyon will contribute to the Safran group’s technological developments, as well as training engineers capable of making a strong contribution to its growth. Applying a joint social responsibility initiative, the partners will also conduct actions in favor of citizenship, equal opportunity, the environment and fostering diversity in access to scientific and technology studies.

Safran has already been involved in student education, through professional and career conferences, forums, plant visits, industrial application projects, internships, etc. The recently signed agreement will enable the partners to place their collaboration on a more structured basis and support more extensive cooperation.

Safran already has an "Ambassadors" program, based on a network of former students of various universities and engineering schools now working for Group companies (about 190 engineers and doctoral candidates), who mentor current students at these schools. These ambassadors will help students from Centrale Lyon define their own career goals and projects.

The Safran Foundation for Integration continues to invest in the design of an innovative wheelchair to improve the mobility of disabled persons, through the "SHIFT" project being carried out in conjunction with Centrale Lyon and other partners.

In addition, Safran will support actions to foster diversity in Centrale Lyon’s staff, an initiative that reflects the Group’s talent promotion strategy.

Centrale Lyon and Safran: a long-standing relationship based on research partnerships

Centrale Lyon has state-of-the-art laboratory facilities and carries out world-class research, nurturing solid partnerships with French manufacturers, including Safran. The school’s interdisciplinary laboratories provide high-level scientific and technological support to French industry. Acting as an innovation seedbed for the design of Safran’s aerospace and defense products, these labs meet the Group’s standards of technological excellence.

Joint work between Safran and Centrale Lyon has already resulted in a number of achievements, including:

• A test cell dedicated to rotor dynamics and an external research unit in charge of vibration research: LTDS (Laboratoire de Tribologie et Dynamique des Systems), the system tribology and dynamics lab.
• Research on strategies for flow control and aerodynamic instabilities in axial compressors (Coralia project): LMFA (Laboratoire de Mécanique des Fluides et Acoustique), the acoustics and fluid mechanics lab.
• Multistage axial compressor, within the scope of the CREATE test bench: LMFA.
• Close collaboration within the scope of the PHARE platform for environmental risk management on rotating machinery: LMFA.

Looking further ahead, the partners will be developing IPES, a joint laboratory between Safran and the school’s AMPERE laboratory. The general research objective of this new joint lab will be the rational use and management of systems in relationship to their environment.

In international markets, as early as 2003 Safran called on the experience of Centrale Lyon to set up a training program for Chinese engineers, designed to strengthen its role in the training of Chinese engineers and researchers. This collaboration subsequently led to the creation of the Ecole Centrale of Beijing engineering school.

***

About Safran
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.

About Ecole Centrale de Lyon
The Ecole Centrale de Lyon was founded in 1857 to address the needs of France’s fast-growing industry. Today, it awards degrees to nearly 400 engineering students every year, as well as 70 doctoral degrees (in the 2010/2011 academic year, there were some 220 PhD students at the school).

The education provided at Centrale Lyon benefits from the outstanding research carried out at six laboratories on its campus, certified by French national scientific research agency CNRS: AMPERE, Institut des Nanotechnologies de Lyon-INL, Laboratoire de Mécanique des Fluides et Acoustique-LMFA, Laboratoire de Tribologie et Dynamique des Systèmes-LTDS, Laboratoire d’Informatique en Image et Systèmes d’Informations-LIRIS, and Institut Camille Jordan. Contributing to the school’s international presence are the Unité Mixte Internationale in Canada and four affiliated laboratories in South Korea, Japan, China and Brazil. Reflecting the open-mindedness common to all of France’s prestigious "école centrale" engineering schools, Centrale Lyon delivers very high level general engineering instruction that has earned it recognition both nationally and internationally by a number of leading companies as well as fellow universities, with which it has signed agreements for dual degree programs.

PRESS RELEASE

18.04.2012
Morpho first to receive provisional certification in India for single fingerprint scanners

Paris, April 18, 2012

Morpho (Safran group) is the first company to receive provisional certification in India for its single fingerprint scanners. The provisional certification, granted by India’s STQC*, confirms that the devices meet the Unique Identification Authority of India’s (UIDAI) requirements for reliability, safety and security.

Morpho’s single fingerprint scanners have successfully passed the tests under the STQC’s Biometric Device Certification Scheme, designed to facilitate availability of quality assessed biometric devices to identity verification agencies.

The provisional certification covers a compact biometric module (MorphoSmart™ CBM-E), a USB scanner (MorphoSmart™ Optic 1300 E) and a device combining a fingerprint scanner and a smartcard reader (MorphoSmart™ Optic 1350 E). These all-in-one compact devices not only capture high quality fingerprint images, but also embed powerful biometric feature extracting and matching algorithms.

In addition to being a trusted partner in Aadhaar’s enrollment phase, Morpho is also a key solution provider for the multiple biometric verification applications currently being deployed in India. Aadhaar is the world’s largest biometric project designed to secure the identity of 1.2 billion residents of India.

MorphoTop™, Morpho’s ten fingerprint scanner already received official STQC certification in 2011.

*STQC: Standardization, Testing and Quality Certification (STQC) Directorate for Government of India’s Department of Information Technology (DIT) and the UIDAI

* * *

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. _ Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards.
Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

18.04.2012
Israeli Airports Authority Chooses Morpho’s Advanced Technology CTX/XRD Explosives Detection “System of Systems” for Hold Baggage Screening

Newark, Calif. – April 18, 2012 – Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced the Israeli Airports Authority (IAA) has selected its advanced technology “System of Systems” to help meet its stringent hold baggage screening requirements at Tel Aviv’s Ben Gurion International Airport.

After a successful pilot test at Ben Gurion Airport of the system integrated in the new baggage handling system, the IAA has placed an order for additional System of Systems as part of phase two of the project.

“The IAA is a world leader in innovative security practices to protect travelers and we are very pleased to be chosen to help them meet their checked baggage screening needs,” said Emmanuel Mounier, president and CEO, Morpho Detection International, Inc., the international sales and service division of Morpho Detection. “By dramatically reducing false alarms and the need for costly, time-intensive manual bag inspections, the System of Systems is another example of Morpho Detection’s commitment to developing the most advanced technologies to help airports around the world increase efficiency while addressing constantly evolving security challenges.”

The Morpho Detection System of Systems is the most advanced checked baggage explosives detection system (EDS) available. It consists of MDI’s X-ray Diffraction-based XRD 3500™ EDS fully integrated with one or more CTX 9000 DSi™ Computed Tomography-based EDS.

For more information regarding the Morpho Detection “System of Systems” or other Morpho Detection products, please visit www.morphodetection.com.

****

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a security business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Morpho Detection integrates computed tomography, Raman spectroscopy, trace (ITMS™), mass spectrometry, X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. Morpho Detection’s solutions are deployed to help protect people and property the world over.

PRESS RELEASE

19.04.2012
MorphoAccess® VP Wins “Best New Product” Award

Paris, April 19, 2011

MorphoAccess® VP by Morpho (Safran group) won the “Best New Product Award”* at the Security Industry Association’s (SIA) 2012 New Product Showcase at ISC West in Las Vegas.

MorphoAccess® VP is the world’s first multimodal physical access control reader combining finger vein and fingerprint recognition. This award recognizes innovative products, services and solutions in electronic physical security.

Suitable for authentication or identification of individuals, this modern, easy-to-use terminal brings the benefits of multimodality to physical access control systems. Combining finger vein and fingerprint biometric technology into a single device guarantees unrivalled levels of security, accuracy and performance, while reducing installation costs.

“Morpho is honoured to receive yet another award for its cutting-edge VP technology” said Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “This award highlights our commitment to develop innovative biometric solutions for the physical security market.”

Morpho’s VP technology previously won a “Best Access Control Product Award” from Detektor International and a “Security Innovation Award” from Security Essen.

*The product or solution that demonstrates the most impressive technological advances as demonstrated by increased functionality, improved ease of use and/or cost reduction.

* * *

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

26.04.2012
Safran reports 16% revenue growth in first-quarter 2012 driven by strong civil aviation business

Full-year 2012 outlook confirmed

All revenue figures in this press release represent adjusted revenue. Please refer to definitions contained in the Notes.

Key numbers for the first quarter of 2012

• First-quarter 2012 adjusted revenue was Euro 3,108 million, up 15.9% year-on-year, or 7.3% on an organic basis.
• Double-digit revenue growth contribution in Aerospace (Propulsion and Equipment) as well as in Security (acquisition driven) activities.
• Civil aftermarket up 15.1% in USD terms, driven by CFM56. Global CFM International spare parts revenue was up 24.2% in USD terms.
• Full-year 2012 outlook is confirmed

Key business highlights since January 1, 2012

• Safran announced a 10-year contract with Chile’s national records administration to produce e-ID cards and e-Passports under the country’s new identification and ID and travel document issuance system.
• The British Ministry of Defence awarded Safran a major contract for JIM LR multifunction infrared binoculars for its “Long Range Thermal Imager Programme”.
• CFM International’s advanced LEAP-1A engines was selected by ALAFCO, the Kuwait-based international aircraft leasing company, to power 35 new Airbus A320neo aircraft and by Qantas to power 78 A320neo Jetstar aircraft. The total backlog represents more than 3,500 LEAP engines (orders and commitments) as of April 19, 2012.
• easyJet, the UK’s largest airline, has announced that it will be the first airline to support the development and trial of the innovative new electric green taxiing system (EGTS).
• Malaysian airline Firefly selected Safran to supply wheels and carbon brakes for its Boeing 737NG fleet. The contract covers a total of 63 Boeing 737-800 twinjets, either new or to be retrofitted.
  
  
  ***
  
  Paris, April 26, 2012 - Safran (NYSE Euronext Paris: SAF) today reported its revenue for the first quarter of 2012.

Executive commentary

Chairman and CEO Jean-Paul Herteman commented:
“ Safran recorded a solid performance in the first quarter, notably in Aerospace with 11% revenue growth in Propulsion and 21% in Equipment. We continued to see robust OE production growth in both Propulsion and Equipment, and have logged significant new orders. At the same time, we have benefitted from an acceleration in the sales of CFM56 engine spare parts. Since the beginning of the year, our global civil aftermarket performed satisfactorily with 15% growth compared to the first quarter of 2011.

Furthermore, we continued to strengthen our global presence in the security industry.

Hence Safran recorded a 16% revenue growth in the first quarter of 2012. Based on this performance and current positive trends in our businesses, we confirm our full-year guidance for 2012 and our renewed high confidence in our outlook for 2013 and beyond. ”

First-Quarter 2012 Revenue

Solid growth in revenue. For first-quarter 2012, Safran’s revenue was Euro 3,108 million, compared to Euro 2,681 million in the same period a year ago, a 15.9% year-on-year increase (7.3% organic growth).

First-quarter 2012 revenue increased by Euro 427 million on a reported basis. On an organic basis, revenue increased by Euro 196 million as a result of higher OEM volumes and aftermarket in Aerospace and good momentum in Security (Detection, e-Documents).

Organic revenue was determined by deducting from 2012 figures the contribution of activities acquired in 2011 and activities newly consolidated when compared to 2011 scope of consolidation, and by applying constant exchange rates. Hence, the following calculations were applied:

The favourable currency impact on revenue of Euro 77 million for first-quarter 2012 reflected a global positive translation effect on revenue generated in foreign currencies, notably in USD, in addition to a positive transaction impact with a significant improvement in the Group’s hedged rate (USD 1.32 to the Euro vs. USD 1.38 in the year-ago period).

Outlook

Based on the first-quarter 2012 performance, the full-year 2012 outlook is confirmed.

• Revenue to increase by around 10% (at an estimated average spot rate of USD 1.37 to the Euro).
• Recurring operating income to increase by around 20% (at a hedged rate of USD 1.32 to the Euro).
• Free cash flow to represent about a third of the recurring operating income taking into account the expected increase in R&D investments and capex.

The full-year 2012 outlook is based on the following underlying assumptions:

• Healthy increase in aerospace OE deliveries
• Civil aftermarket up in the high single digits
• Incremental R&D cash effort of around Euro 200 million from Euro 687 million in 2011
• Strong and profitable growth for the Security business, notably MorphoTrust
• Profitability improvement in Defence, notably in Avionics
• Continued improvement in Equipment
• On-going Safran+ plan to enhance the cost structure and reduce overheads.

Currency hedges

The Group has finalized its hedging for 2012 and 2013. The 2014 hedging is almost completed with USD 4.5 billion achieved at USD 1.29 to rise to USD 5.0 billion at USD 1.28 as long as Euro/USD <1.52 for 2012. The 2015 hedging is well advanced with USD 2.1 billion achieved at USD 1.30 to rise to USD 3.5 billion at USD 1.29 as long as Euro/USD <1.46 from 2012 to first half of 2013. At April 15, 2012, the firm hedge book amounted to USD 15.2 billion.

Hedged rates are:

• 2012: USD 1.32 to the Euro (unchanged)
• 2013: USD 1.29 to the Euro (unchanged)
• 2014: targeted hedged rate of USD 1.28 to the Euro (unchanged)
• 2015: targeted hedged rate below USD 1.30 to the Euro (unchanged)

Business commentary

• Aerospace Propulsion
  First-quarter 2012 revenue grew by 11.4% to Euro 1,585 million (3.5% on an organic basis) compared to the year-ago period revenue of Euro 1,423 million. The increase in revenue was driven by strong growth in civil original equipment and spares, in CFM56 and high-thrust engines, as well as in helicopter turbines. Military revenue (original equipment and spares) was conjuncturally down compared to the first-quarter 2011 as a consequence of programme delay into the later part of 2012.

OEM CFM56 engine deliveries at 378 units were up by 56 units compared to the same period a year ago. The total CFM56 and LEAP orders and commitments reached 695 engines as of April 19, the backlog staying at about 7 years of production.

In addition to an increase in original equipment deliveries, revenue growth resulted from a rise in global CFM International spare parts, up 24.2% year-over-year in USD terms in line with the trends of 2011 (up 1.3% from the fourth quarter of 2011) and driven by second-generation engines. The estimated* total number of shop visits in first-quarter 2012 for CFM56-equipped civil aircraft increased slightly to 586 as compared to 581 in first-quarter 2011. Because of the variability in airline behaviour inherent to a troubled economic context, our full year civil aftermarket guidance at high single digit growth is unchanged.

A modest increase of helicopter turbines aftermarket has been observed during the first-quarter of 2012 driven by service-by-the-hour contracts. On an organic basis, space & missile propulsion revenue was flat in the first-quarter.

[(*) shop visit numbers are estimates; these can be revised marginally in the future as airlines finalise reports]..

The contribution to first-quarter 2012 revenue of SNPE Materiaux Energétiques (SME) consolidated since April 5, 2011 was Euro 71 million.

• Aircraft Equipment
  The Aircraft Equipment activity reported first-quarter 2012 revenue of Euro 883 million, up 21.1% (17.1% on an organic basis), compared to the year-ago period.

The increase in revenue was attributable to double-digit growth in the landing gear, nacelle and electrical harnessing businesses. The landing gear business performed well in original equipment with higher deliveries notably on A320/A330 and B787 programs. The nacelle business recorded a significant increase in A380 nacelles deliveries (32 units in the first-quarter 2012 compared to 24 nacelles in the year-ago period) as well as higher deliveries of small nacelles for business and regional jets. The electrical harnessing activity saw a robust performance driven by a production ramp up in all its product lines.

In the first-quarter 2012, service revenue grew by 3% driven by the higher civil aftermarket, notably in nacelles, but its share of Aerospace Equipment revenue decreased slightly from 32.3% to 27.4% as a result of higher revenue growth in original equipment.

• Defence
  First-quarter 2012 revenue was up 5.1% at Euro 307 million, or up 3.1% on an organic basis, compared to the previous year. The performance was mainly driven by double-digit revenue growth in the avionics activity, notably in navigation (jet fighters and military helicopters, inertia navigation and submarine navigation systems). Optronics (long-range infrared goggles) partly mitigated this trend with volumes down in the first-quarter compared to a very strong first-quarter 2011.

• Security
  The Security activity reported first-quarter 2012 revenue of Euro 332 million, up 42.5% compared to the year-ago period. On an organic basis, it was up 6.4% driven by a favourable product-mix in detection systems for dangerous and illicit substances as well as by a strong quarter in secured e-Documents, notably in the banking market segment in Latin America.

In first-quarter 2012, Identification grew as a result of the Euro 75 million contribution of MorphoTrust (ex-L-1 Identity Solutions) consolidated since July 26, 2011.

Subsequent events

Treasury shares
In January 2012, Safran disposed of 6 million treasury shares (Euro 104 million) within the framework of the implementation of the French leveraged employee shareholding plan.

Upcoming events

• AGM : May 31, 2012
• H1 2012 results : July 31, 2012
• Q3 2012 revenue : October 25, 2012

*****

Safran will host today a conference call open to analysts and investors at 8:30 am CET which can be accessed at +33 1 70 77 09 36 from France, +44 203 367 9457 from the UK. A replay will be available at +33 1 72 00 15 00, +44 203 367 9460 and +1 877 642 3018 (access code 276533#).

The press release and presentation are available on the website at www.safran-group.com.

*****

Key figures

Notes

[1] Adjusted data
To reflect the Group’s actual economic performance and enable it to be monitored and benchmarked against competitors, Safran prepares an adjusted income statement alongside its consolidated financial statements.

Particularly, Safran recognizes, all changes in the fair value of its foreign currency derivatives in “financial income (loss)”, in accordance with the provisions of IAS 39 applicable to transactions not qualifying for hedge accounting.

Accordingly, Safran’s consolidated income statement is adjusted for the impact in financial income (loss) of the mark-to-market of foreign currency derivatives, in order to better reflect the economic substance of the Group’s overall foreign currency risk hedging strategy:

• revenue net of purchases denominated in foreign currencies is measured using the effective hedging rate, i.e., including the costs of the hedging strategy;
• the recognition of the mark-to market of unsettled hedging instruments at the closing date is neutralized.

First-quarter 2012 reconciliation between consolidated revenue and adjusted revenue.

*****

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

CONTACTS SAFRAN

PRESS RELEASE

30.04.2012
Safran announces the creation of Herakles, merging SME and SPS

Paris, April 30, 2012
Safran is finalizing the merger of its two subsidiaries, SME (specializing in energetic materials) and Snecma Propulsion Solide (a specialist in solid rocket motors for missiles and launchers). This link-up is the culmination of a project that began on April 5, 2011 with Safran’s acquisition of SME. The new entity is called Herakles, and it makes Safran a world leader in solid propulsion, which is a key to both ballistic missiles and launch vehicles.

Herakles will be organized around a Research & Technology division staffed by more than 450 experts. It operates in five business sectors: Strategic Propulsion, Tactical Propulsion, Space Propulsion, Aeronautics and Thermostructural Composites, and Manufacturing and Organic Matrix Composites.

Herakles and its subsidiaries / affiliates Pyroalliance, Structil, Roxel, Europropulsion, Regulus, Suzhou SME-ChangQing have more than 3,000 employees. Most are based in the Bordeaux region of France, at plants in St. Médard en Jalles and Le Haillan. This new Safran group company should generate annual sales of nearly 700 million euros.

"The decision to form a single company for solid propulsion is a key to the emergence of a world leader in this field, and Safran has risen to this challenge by creating Herakles," said Philippe Schleicher, Chairman and CEO of Herakles.

"Melding the complementary skills of SME and SPS is a highly logical move in today’s environment," added Hervé Austruy, Deputy Chief Executive Officer of Herakles. "It bolsters our international positions and gives us significant competitive advantages in terms of our expertise, operational support and technological innovations."

***

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.

PRESS RELEASE

03.05.2012
Morpho Detection Awarded U.S. DHS R&D Contracts for Shoe Scanning Device Prototypes

Newark, Calif. – May 3, 2012 - Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced it has received two research contracts from the Department of Homeland Security Science and Technology Directorate (DHS S&T) for the development of shoe scanning device (SSD) prototypes.

Valued at more than $1.4 million, these contracts call for the development of two SSD prototypes that integrate multiple threat-detection technologies including MDI’s advanced quadrupole resonance (QR), ITMS™ (Ion Trap Mobility Spectrometer) trace technology and mass spectrometry (MS). These awards are expected to further the development of next-generation solutions that may allow air passengers to leave their shoes on during security screening.

“We are pleased to be selected to continue our years-long work in advancing shoe-scanning technology in collaboration with DHS,” said Brad Buswell, president and CEO, Morpho Detection, Inc. “Investment in advanced technologies by industry and government is crucial to realization of greater effectiveness, efficiency and convenience in airport screening. These awards are great examples of such public-private cooperation to address a pressing security challenge and a longstanding passenger irritant.”

MDI has worked with U.S. government agencies for more than seven years to develop and deploy integrated shoe-scanning technology into checkpoint security screenings.

* * *

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a security business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations.
Morpho Detection integrates computed tomography, Raman spectroscopy, trace (ITMS™), mass spectrometry, X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. Morpho Detection’s solutions are deployed to help protect people and property the world over.
For more information on Morpho’s detection products, visit
www.morpho.com/detection

PRESS RELEASE

14.05.2012
The Microturbo (Safran group) e-APU60 successfully completes its first flight tests

Geneva, Switzerland – May 14th, 2012.

The Microturbo (Safran group) e-APU60 has successfully completed its first flight tests as part of the AugustaWestland AW189 helicopter certification campaign. Initially designed for new-generation more-electric business jets, the e-APU60 is a new concept of auxiliary power unit characterized by an excellent power-to-weight ratio and its exceptional compactness. It also meets the high demands of new-generation helicopters.

The successful in-flight start of the e-APU60 is an important milestone in the test campaign: it is now a part of flight safety (civil certification), with its own reliable capability of restarting the main engines in flight (if necessary) and of enhanced operation providing an additional spare source of power required to cover all electrical needs throughout the flight envelope.

“We and our customer are satisfied with the results obtained during the first in-flight tests of this new concept of power source”, declares Pierre-Yves Morvan, CEO of Microturbo. “The performance achieved by the e-APU60 is up to par with the ambitious goals we set ourselves”.

The e-APU60 also ensures the ground start of the main engines, supplies power for the electrical systems and provides air for the helicopter cabin air-conditioning.

Alongside the flight test campaign, e-APU60 certification is going to schedule. Two further development engines will soon join the five other ones and take part in the particularly rigorous test plan which will run throughout the year. The objectives of these tests are: to simulate the most extreme operating conditions compared to those encountered in normal commercial operation, and to validate the reliability and endurance of the system.

EASA certification of the e-APU60 is expected within one year.

****

Microturbo, a company of the Safran group, is specialised in the design, development and manufacture of high technologies gas turbines. Based in Toulouse, France, Microturbo is a world leader in the field of propulsion systems and power systems having delivered over 10,000 units.

PRESS RELEASE

14.05.2012
Snecma starts assembly of first Silvercrest, the new-generation business jet engine

Geneva, May 14, 2012 – Snecma (Safran group) announced today at the 12th European Business Aviation Convention and Exhibition – EBACE – that it had passed a major milestone for its new-generation Silvercrest business jet engine, starting assembly of the first complete engine, in preparation for the first ground test.

After kicking off full scale engine development in the third quarter of 2010, Snecma has now completed the design phase, in line with its development schedule. All parts for the first test engine (FETT) are now ready or in production. This first complete Silvercrest engine is being assembled and will start ground tests this summer, followed by flight tests slated for the first half of 2013.

The new Silvercrest bizjet engine features highly innovative technologies drawn from Snecma’s advanced research programs, and also incorporates feedback from the company’s vast operating experience as engine supplier for mainline and regional jets. "Our new engine uses the latest 3D aero design techniques," notes Laurence Finet, General Manager Silvercrest Program, at Snecma. "It is based on a new-generation compressor with four axial stages using blisks and one centrifugal stage, a low-emissions combustor and a single-stage high-pressure turbine with single-crystal blades. The wide-chord fan blades are designed for very high efficiency and excellent resistance to foreign object damage. At the same time, it offers outstanding fuel efficiency and maintainability, with advanced health monitoring functions."

The Silvercrest engine family covers a thrust range from 9,500 to 12,000 pounds. It will deliver unrivaled performance in the business jet market, with ambitious objectives including a 15% reduction in fuel consumption and CO2 emissions, NOx emissions 50% under the current CAEP/6 standard and a 50% reduction in the noise footprint. Based on these specifications, the Silvercrest family is the perfect engine for all corporate jets in the super-midsize, large and long-range classes.

"The launch of the Silvercrest engine is a strategic move for our company," said Pierre Fabre, Chairman and CEO of Snecma. "We are firmly convinced that our innovative technologies and proven expertise in commercial airplane powerplants will deliver a major breakthrough in business jet propulsion for all stakeholders, from aircraft manufacturers to owners, operators and pilots”.

****

Snecma (Safran group) is one of the world’s leading manufacturers of aircraft and space engines, with a wide range of propulsion systems on offer. The company designs and builds commercial aircraft engines - including the CFM56 world leader and the new-advanced turbofan LEAP* - that are powerful, reliable, economical and environmentally friendly, along with military aircraft engines that have always delivered world-class performance. Snecma also develops and produces propulsion systems and equipment for launch vehicles and satellites. EngineLife®, a new brand for Snecma’s service business, offers a complete range of engine maintenance, repair and overhaul (MRO) services to airlines, armed forces and operators.

*CFM56 and LEAP engines are produced and marketed by CFM International, a 50/50 joint company between Snecma (Safran group, France) and GE (USA).

PRESS RELEASE

14.05.2012
Cessna selects Snecma’s new Silvercrest engine to power the Citation Longitude

Geneva, EBACE, May 14, 2012 – Cessna Aircraft Company, a Textron Inc. company, announced today that it has selected the new-generation Silvercrest engine from Snecma (Safran group) to power its new Citation Longitude business jet.

The Citation Longitude is a super mid-size business jet with a maximum cruise speed of 490 knots (907.4 km/h). It will have an intercontinental range of 4,000 nautical miles (7,408 km), the longest in the Cessna range, and is expected to enter service into 2017.

"We are thrilled to bring the Silvercrest engine to Cessna customers because of its best-in-class efficiency, reliability and quality," said Scott Ernest, Cessna president and CEO. "This engine is expected to take the Cessna Longitude to a new level and to give our customers the range, efficiency and noise-reduction they need to be successful in today’s competitive environment."

The Silvercrest engine for the Cessna Longitude will develop 11,000 pounds of thrust. Incorporating the highly innovative technologies developed by Snecma’s R&D teams, it will offer unrivaled performance, based on ambitious specifications for fuel consumption, reliability and environmental friendliness. The Silvercrest is also designed for outstanding maintainability, with advanced health monitoring functions.

"We are delighted that Cessna has chosen our engine to power their new business jet," said Pierre Fabre, Chairman and CEO of Snecma. "The Citation Longitude is a very exciting and promising aircraft, and we are proud to be able to contribute our innovative technologies and long-standing expertise in the production of commercial airplane engines."

****

Snecma (Safran group) is one of the world’s leading manufacturers of aircraft and space engines, with a wide range of propulsion systems on offer. The company designs and builds commercial aircraft engines - including the CFM56 world leader and the new-advanced turbofan LEAP* - that are powerful, reliable, economical and environmentally friendly, along with military aircraft engines that have always delivered world-class performance. Snecma also develops and produces propulsion systems and equipment for launch vehicles and satellites. EngineLife®, a new brand for Snecma’s service business, offers a complete range of engine maintenance, repair and overhaul (MRO) services to airlines, armed forces and operators.

*CFM56 and LEAP engines are produced and marketed by CFM International, a 50/50 joint company between Snecma (Safran group, France) and GE (USA).

PRESS RELEASE

15.05.2012
Morpho Detection Receives CATSA Order for 63 Desktop Explosive Trace Detectors Valued at More than $2M

NEWARK, Calif. – May 15, 2012 - Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced an order from the Canadian Air Transport Security Authority (CATSA) for 63 next-generation Itemiser® DX desktop explosives trace detection (ETD) systems. Valued at more than $2 million, these systems will be deployed to airports in Canada to support passenger and baggage screening efforts.

First certified by the U.S. Transportation Security Administration (TSA) in 2009, Itemiser DX utilizes Ion Trap Mobility Spectroscopy (ITMS™) trace technology to simultaneously analyze both positive and negative ions from a single sample, providing unparalleled threat and contraband detection.

“Morpho Detection is pleased CATSA has recognized the operational capabilities of Itemiser DX by placing their first order for this industry-leading desktop trace solution,” said Brad Buswell, president and CEO, Morpho Detection, Inc. “Our work with CATSA is another example of Morpho Detection’s commitment to helping enhance the accuracy and efficiency of the aviation security screening processes through the deployment of advanced technologies.”

Globally approved by five regulatory agencies, Itemiser DX is deployed at airport checkpoints, checked baggage screening and air cargo transportation facilities, critical infrastructure and other secure locations around the world. More than 30,000 Morpho Detection trace solutions are helping protect people and property worldwide.

For more information on Morpho’s detection products, visit www.morphodetection.com.

****

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a security business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Morpho Detection integrates computed tomography, Raman spectroscopy, trace (ITMS™), mass spectrometry, X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. Morpho Detection’s solutions are deployed to help protect people and property the world over.

PRESS RELEASE

16.05.2012
Morpho Detection’s Itemiser DX Trace Detector Certified for Air Cargo Screening by U.K Department for Transport

NEWARK, Calif. – May 16, 2012 - Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced its next-generation Itemiser® DX desktop explosives trace detection (ETD) system has been certified for air cargo screening by the U.K. Department for Transport (DfT).

This certification from U.K. DfT is an important recognition of the Itemiser DX’ ability to protect the air cargo supply chain. As a result, Itemiser DX is now available for quick, accurate detection of explosives at air cargo facilities throughout the U.K. where it can help air cargo facilities and operators increase efficiency and ROI on security infrastructure investments.

“Morpho Detection is very pleased DfT has approved our next-generation trace detection solution for use at air cargo facilities throughout the U.K.,” said Emmanuel Mounier, president and CEO, Morpho Detection International, Inc., the international sales and service division of Morpho Detection. “Morpho Detection is committed to providing the most advanced solutions to help air cargo facilities meet current and emerging security challenges with minimal impact on the flow of commerce.”

Approved by five global regulatory agencies, the Itemiser DX is deployed at air cargo and transportation facilities around the world.

For more information on Morpho’s detection products, visit www.morphodetection.com.

****

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a security business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Morpho Detection integrates computed tomography, Raman spectroscopy, trace (ITMS™), mass spectrometry, X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. Morpho Detection’s solutions are deployed to help protect people and property the world over.

PRESS RELEASE

16.05.2012
Safran and Honeywell Launch Electric Green Taxiing System Testing on a Boeing Next Generation 737-800 in Partnership with TUIfly

PARIS, 16 May 2012 - Honeywell (NYSE:HON) and Safran (NYSE Euronext Paris: SAF) have completed a new test campaign for their electric green taxiing system on a TUIfly Boeing Next Generation 737-800 aircraft in Montpellier, France.

This test campaign marks another key milestone in the development of the electric green taxiing system. These tests evaluate runway conditions and calculate the necessary loads for moving a Next-Generation 737 aircraft on ground. For airlines such as TUIfly that operate high cycle, single aisle aircraft, the electric green taxiing system is expected to generate a projected savings of approximately USD $200,000 per aircraft per year.

“As an environmentally conscious airline, we are keenly interested in the potential of the electric green taxiing system, and in particular evaluating its development for a Boeing short-haul fleet,” said Dr. Dieter Nirschl, CEO TUIfly GmbH.

Currently under development, the electric green taxiing system will use Honeywell’s auxiliary power unit (APU) generator to power motors in the main wheels, allowing aircraft to taxi without using the aircraft’s engines. Each of the aircraft’s powered wheels will be equipped with an electromechanical actuator, while unique power electronics and system controllers will give pilots total control of the aircraft’s speed and direction during electric taxi operations.

Yves Leclère, Safran Executive Vice President, Transformation added, “TUIfly clearly embraces a green approach in managing its operations, and we are very pleased that they have chosen to partner with Safran and Honeywell in the electric green taxiing system development. As a leading Boeing short range operator, we highly value TUIfly’s expertise and input during this test campaign.”

“Honeywell and Safran’s technology leadership and focus on innovation solves operational cost challenges and drives efficiencies for our customers using the electric green taxiing system,” said John Bolton, global president of the Air Transport and Regional business for Honeywell Aerospace. “This second phase of the project will drive greater insight into how to make electric taxiing a more viable and efficient option for operators.”

In addition to the environmental benefits, other advantages of the electric green taxiing system include lower fuel burn, reduced noise and terminal congestion, improved on-time performance and more cost-efficient operations. Honeywell and Safran intend to offer the electric green taxiing system either on new aircraft or as a retrofit solution to in-service aircraft as early as 2016.

****

About Safran
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

About Honeywell
Honeywell’s aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations. Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges.
For more news and information on Honeywell, please visit www.honeywellnow.com

About TUIFLY GmbH
In the summer of 2007, Hapag-Lloyd Express (HLX) and Hapagfly merged to form TUIfly. TUI AG, the world’s largest tour company, holds a majority of shares in TUI Travel PLC, London, to which the airline belongs. TUIfly flies to the classic holiday regions all around the Mediterranean, the Canary and Cape Verde Islands, Madeira and Egypt for TUI and other tour operators. By the summer of 2010, TUIfly will be using 26 Boeing 737 aircraft to fly to these destinations. TUIfly offers a high degree of quality for a fair price with characteristic reliability, punctuality and safety. TUIfly headquarters are at the Hannover Airport. Bookings can be made quickly and easily at www.tuifly.com. The TUI smile is not only a part of our logo, but also our promise to provide quality to our customers. TUIfly offers customers more than just transportation. In 2009, almost ten million passengers will fly with TUIfly. In addition, starting with the winter flight schedule for 2009/10, thirteen TUIfly aircraft with TUIfly crew will be flying for Air Berlin. The flights will use Air Berlin flight numbers and adhere to their product standard. Bookings can also be made at www.tuifly.com

PRESS RELEASE

09.05.2012
Le groupe Safran et l’Orchestre de l’Alliance organisent, en partenariat avec le ministère de l’Education nationale, un concert classique pour les élèves des classes « Ambition réussite » (French only)

Vendredi 11 mai à 15h - Salle Gaveau

Pour la quatrième fois, le groupe Safran organise avec l’Orchestre de l’Alliance, en partenariat étroit avec le ministère de l’Education nationale, un concert de musique classique pour plus de 600 élèves des écoles, collèges et lycées relevant de la politique d’éducation prioritaire des académies de Paris, Créteil et Versailles. L’objectif est pédagogique et culturel : avec leur professeur les enfants auront au préalable étudié le programme qui sera joué, ils pourront d’autant mieux l’apprécier et remarqueront tout l’éclat et le travail d’un orchestre de 35 musiciens sur la scène d’une salle historique. Ce concert, le premier dans ces conditions pour la plupart d’entre eux, devrait susciter curiosité et envie d’apprendre.

La cohésion sociale se construit aussi grâce au partage de la culture. La musique classique fait partie de l’héritage universel : elle appartient à chacun, c’est un bien commun, un patrimoine fédérateur.

Ce concert s’inscrit dans la démarche de mécénat de solidarité de Safran et dans sa politique d’égalité des chances.

Programme :

• Wolfgang Amadeus Mozart, Cosi fan tutte (K.588) - Ouverture
• Camille Saint-Saëns, Concerto pour piano et orchestre n°2 Andante sostenuto
• Sergueï Prokofiev, Symphonie nº 1 en ré majeur op.25 dite « Symphonie classique » Allegro, Non troppo allegro, Molto vivace

• Orchestre : Orchestre de l’Alliance
• Direction : Pejman Memarzadeh
• Soliste : Serhiy Salov, piano

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Groupe Safran, mécène de ce concert
A travers ses deux Fondations et ses engagements dans différentes actions de solidarité, le groupe Safran appuie sa démarche de mécénat sur des partenariats durables. Grâce à celui construit avec le ministère de l’Education nationale et l’Orchestre de l’Alliance, Safran a déjà pu inviter, à trois reprises, plusieurs centaines d’enfants scolarisés dans des établissements relevant de la politique d’éducation prioritaire de l’Ile-de-France à assister à un concert de musique classique. Cette quatrième édition permettra de nouveau aux élèves des académies parisiennes d’assister à une représentation exceptionnelle interprétée par les 35 musiciens de l’Orchestre de l’Alliance et le pianiste prodige Serhiy Salov. L’accès à la culture est un puissant vecteur d’intégration : par de telles initiatives, Safran contribue à la cohésion sociale.
Pour en savoir plus sur le mécénat du groupe Safran : http://www.safran-group.com

L’Orchestre de l’Alliance
Né il y a 16 ans, l’Orchestre de l’Alliance développe un savoir-faire artistique basé sur l’excellence doublée d’un idéal humaniste. Depuis 5 années déjà, les Saisons de la Solidarité rythment la programmation musicale de cet ensemble, placé sous la direction de Pejman Memarzadeh et formé de jeunes professionnels lauréats des plus grands conservatoires européens et pour certains de concours internationaux. Cet engagement philanthropique, soutenu par de grands mécènes comme le groupe Safran, a déjà permis de reverser 430 000€ à 15 associations caritatives lors de ces concerts annuels à la salle Gaveau.
www.orchestredelalliance.fr

Pejman Memarzadeh, direction
Fondateur de l’Orchestre de l’Alliance et violoncelliste de formation, Pejman Memarzadeh obtient le Diplôme Supérieur avec les Grandes Distinctions au Conservatoire Royal de Bruxelles. Au fil de ses multiples rencontres et expériences musicales, Pejman Memarzadeh s’est engagé dans la direction d’orchestre. Remarqué et conseillé par Philippe Entremont, encouragé par Miguel Angel Estrella, il a été l’un des principaux chefs d’orchestre pour la Paix. Il se produit régulièrement en France et à l’étranger et est amené à diriger de nombreux solistes parmi lesquels Nima Sarkechick, Olivier Charlier, Bruno Pasquier, Gérard Caussé, Jean-Philippe Collard, Julius Berger, Gérard Poulet, Gary Hoffmann, Nemanja Radulovic…

Serhiy Salov, piano
Pianiste ukrainien, Serhiy Salov fait ses débuts comme soliste à l’âge de 11 ans avec l’Orchestre National Symphonique d’Ukraine. Élève de Michel Béroff à l’école supérieure de musique de Freiburg, il poursuit ses études à Londres à la Guildhall School of Music and Drama. Il travaille par la suite avec des chefs d’orchestre de renom tels que Leonard Slatkin, Christopher Warren Green, Lawrence Foster, Jacques Lacombe et Yannick Nézet-Séguin et se produit avec de grands orchestres. Serhiy Salov a reçu de nombreux prix internationaux, dont trois premiers prix (Dudley 2000, Épinal 2001, Montréal 2004). Ses adaptations pour piano d’oeuvres orchestrales telles que les Nocturnes de Debussy ou le Sacre du Printemps de Stravinski connaissent un vif succès.

PRESS RELEASE

21.05.2012
Turbomeca (Safran group) presents the Ardiden 3G engine for the Ka-62 helicopter

Moscow, 17 May 2012

During the Heli Russia Air Show, Turbomeca (Safran group) is pleased to present the full size mock-up of Ardiden 3G engine which will power multipurpose medium-class Ka-62 helicopter, at the Russian Helicopters stand.

One year ago, at Heli Russia 2011, Russian Helicopters, JSC and Turbomeca signed agreements for the development and supply of Ardiden 3G to power the Ka-62 helicopter. Today, Turbomeca is pleased to present the full size mock-up of Ardiden 3G engine for Ka-62 helicopter.

Intended for multiple missions such as oil and gas industry, search and rescue missions and corporate transportation, the Ka-62 helicopter will be equipped with two Ardiden 3G, specific variant of the Ardiden 3 family, featuring optimized performances for these applications.

Designed for 6 to 8 tonnes helicopters to achieve multiple missions, Ardiden 3 engines offer, under all weather conditions, the most increased performances in the range of the 1,750 to 2,000 shp power engines. The modular design and dual channel FADEC, make the Ardiden 3 highly reliable, with the benefit of low operating costs (5,000 hours TBO at entry into service to 6,400 at maturity) and an exceptional low fuel consumption (more than 10% less than the others engines in the same range). The targeted performances of the engine have already been confirmed on the test bench.

Ardiden 3G certification is expected in 2014.

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Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.
For more information : www.turbomeca.fr and www.safran-group.com

Russian Helicopters, JSC is a subsidiary of UIC Oboronprom, which in turn is a part of Russian Technologies State Corporation. It is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. Over 8000 helicopters of Soviet/Russian make are operated in 110 countries worldwide. Traditionally the demand is highest in the Middle East, Africa, Asia-Pacific, Latin America, Russia, and CIS countries. Russian Helicopters was established in 2007. In 2011 its IFRS revenues increased 27.8% to RUB 103.9 billion. Deliveries reached 262 helicopters.

PRESS RELEASE

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