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Paris, 5 June 2023
Following information in the press, Safran confirms that it is in discussions with Raytheon Technologies for the potential acquisition of certain flight control and actuation activities (ATA 27), within the scope of a competitive process. At this stage, it is not possible to evaluate the chances of reaching any agreement, nor is it possible to be specific about terms and conditions.
As appropriate, detailed information on a possible transaction would be given in due course.
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Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 83 000 employees and sales of 19.0 billion euros in 2022, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap.
Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.
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