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Safran S.A.
Société Anonyme
Traded as EuronextSAF
CAC 40 Component
Industry Aerospace
Founded 2005; 13 years ago (2005)
Headquarters Paris, France
Key people
Philippe Petitcolin (CEO)
Ross McInnes (Chairman)[1][2]
Products Aircraft engines and equipment, defence electronics, biometric technologies, smart cards, identity management
Revenue 15.781 billion (2016)
€2.404 billion (2016)
Profit €1.804 billion (2016)
Total assets €18.51 billion (end 2010)[3]
Total equity €24.7 billion (March 2016)
Number of employees
70,000 (2015)

Safran S.A. is a French multinational aircraft engine, rocket engine, aerospace-component, defense, and security company. It was formed by a merger between the aircraft and rocket engine manufacturer and aerospace component manufacturer group SNECMA and the security company SAGEM in 2005. Its headquarters are located in Paris. The company is a component of the Euro Stoxx 50 stock market index.[4]


The name Safran was chosen from 4,250 suggestions.[citation needed] As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade.[5]



In 1905 Louis Seguin created the company Gnome. Production of the first rotary engine for airplanes, the Gnome Omega, started in 1909.[citation needed] This company merged with the Le Rhône, a company created in 1912 by Louis Verdet, to form the Gnome et Rhône engine company.[citation needed] Gnome & Rhône was nationalized in 1945, creating Snecma. In 2000, this company gave its name to the “Snecma Group”, and carried out a number of acquisitions to form a larger group with an array of complementary businesses.

Sagem (Société d’Applications Générales de l’Electricité et de la Mécanique) was created in 1924 by Marcel Môme. In 1939, Sagem entered the telephone and transmissions market by taking control of Société anonyme des télécommunications (SAT).[citation needed] It acquired Société de Fabrication d’Instruments de Mesure (Sfim), a measurement instrument specialist, in 1999. However, by 2008 Sagem Mobile and Sagem Communications had been sold. Sagem Mobile became Sagem Wireless in January 2009.

Safran Group

The Safran Group was created on May 11, 2005, with the merger of Snecma and Sagem SA.

In June 2014, Arianespace CEO Stephane Israel announced that European efforts to remain competitive in response to SpaceX's recent success have begun in earnest. This included the creation of a new joint venture company from Arianespace's two largest shareholders: the launch-vehicle producer Airbus and engine-producer Safran.[6]

By May 2015, Safran had created a launcher division as well called Airbus Safran Launchers.[7] This entity is currently developing the Ariane 6 launch vehicle for initial flights in the 2020s.[8]

In January 2017,[when?] Safran initiated a take over[clarification needed] of the aircraft interior supplier Zodiac Aerospace to create the third largest aerospace supplier with $22.5 Billion revenue, behind United Technologies with $28.2 Billion and GE Aviation with $24.7 Billion; the new group will be 92,000-employee strong, with 48% of its business in aircraft systems and equipment, from landing gears to seats, 46% in propulsion and 6% in defense.[5]

Group organization

The Safran group is divided into three main branches:[9]

Aerospace propulsion

The aerospace propulsion branch groups all operations concerning the propulsion of aeroplanes, helicopters, missiles, and launchers, for the civil aviation, military aviation, and space markets: design, production, marketing, testing, maintenance, repair, and overhaul (MRO).

  • Snecma (formerly Snecma Moteurs)
    • Commercial & military engines, liquid propulsion for space launchers
  • Turbomeca
    • Turboshaft engines for helicopters
    • Jet engines for training and support aircraft
    • Turbines for missiles and drones (Microturbo subsidiary)
    • APU (Microturbo subsidiary)
  • Herakles (formerly Snecma Propulsion Solide)
    • Solid rocket motors for launchers, strategic and tactical missiles
    • Thermostructural composite materials
  • Safran Aero Boosters
    • Components for aircraft and rocket engines

Other subsidiaries

  • Cenco
  • Smartec
  • SMA Engines
  • Snecma Services Brussels
  • Snecma Suzhou
  • Snecma Xinyi Airfoil Castings

Aircraft equipment

The aircraft equipment branch groups all design, production, sales, and support operations for systems and equipment used by civil and military airplanes and helicopters.

Other subsidiaries

Defense and security

Reosc, a subsidiary of Sagem, Safran group, to manufacture shell mirrors of the E-ELT.[11]

The defense security branch operates in the civil, military, and space markets, and covers the following areas: inertial guidance and navigation equipment (SIGMA INS based on ring laser gyro sensors), optronics systems and equipment, avionics systems, UAV (unmanned aerial vehicle) systems, air-land systems and equipment, biometric identification systems, secure transaction terminals, and smart cards. On July 1, 2009, the European Union approved Safran's acquisition of 81 percent of the GE Security division which produces airport security systems and biometric identification systems.[12]

Safran's biometrics products and technologies make up the "biometric data acquisition terminals, enrollment services, and processing software" used in Aadhaar, India's national identification number system and the largest biometric database in the world.[13]

  • Sagem
    • Technologies and services in optronics, avionics, electronics and safety-critical software
  • Morpho
    • Multibiometric technologies, smart cards, secure transactions, identity management solutions, explosives detection systems

Other subsidiaries

Corporate affairs

Financial information

Year 2006 2007
Sales (M) 11,329 12,003
Net income, Group share (M€) 177 406
Cash flow (M€) 1,003 1,221
Self-financed R&D (M€) 334 401

Shareholder profile

As of 31 December 2014 [18]

The biggest change in Safran's shareholder profile is the increase in publicly held shares (from 36.9% in 2008 to 54.1% in 2012).[21]

See also


  1. ^ "Un tandem très expérimenté à la tête de Safran". Retrieved 20 July 2017. 
  2. ^ "REFILE-UPDATE 1-Safran taps Petitcolin as next CEO, McInnes as chairman". 5 December 2014. Retrieved 20 July 2017 – via Reuters. 
  3. ^ "Annual Results 2010" (PDF). Safran. Archived from the original (PDF) on 27 September 2011. Retrieved 26 March 2011. 
  4. ^ "Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news". Retrieved 20 July 2017. 
  5. ^ a b Thierry Dubois and Jens Flottau (Jan 20, 2017). "Tier 1 Consolidation Continues As Safran Takes Over Zodiac". Aviation Week & Space Technology. 
  6. ^ Abbugao, Martin (2014-06-18). "European satellite chief says industry faces challenges". Retrieved 2014-06-19. 
  7. ^ de Selding, Peter B. (2015-05-29). "Airbus Safran Agrees to $440 Million Ariane 6 Contribution". Space News. Retrieved 12 June 2015. 
  8. ^ de Selding, Peter B. (2015-04-03). "Desire for Competitive Ariane 6 Nudges ESA Toward Compromise in Funding Dispute with Contractor". Space News. Retrieved 8 April 2015. 
  9. ^ "Group | Safran". 2011-04-13. Retrieved 2015-03-08. 
  10. ^ "Archived copy". Archived from the original on 2016-12-20. Retrieved 2016-12-08. 
  11. ^ "ESO Signs Contract for Deformable Shell Mirrors for E-ELT". Retrieved 9 July 2015. 
  12. ^ "EU mergers and takeovers (June 24)". Reuters. 24 June 2009. 
  13. ^ "Safran in 2013" (PDF). Safran Group. Archived from the original (PDF) on 21 February 2014. Retrieved 7 February 2014. 
  14. ^ Retrieved October 7, 2009.  Missing or empty |title= (help)[dead link]
  15. ^ "Morpho". Morpho. Archived from the original on 2015-04-02. Retrieved 2015-03-08. 
  16. ^ "Detection". Morpho. 2014-06-25. Retrieved 2015-03-08. 
  17. ^ "MorphoTrust USA". MorphoTrust USA. Retrieved 2015-03-08. 
  18. ^ "2014 Registration Document" (PDF). Safran. 19 March 2015. Retrieved 21 February 2016. 
  19. ^ "Les participations publiques" (in French). Agence des participations de l'État. 30 April 2015. Retrieved 21 February 2016. 
  20. ^ "Arrêté du 21 avril 2011 portant nomination au conseil d'administration de la société anonyme Safran" (in French). Legifrance. Retrieved 2015-03-08. 
  21. ^ "2012 Key Figures". Safran Group. Retrieved 7 February 2014. 

External links

  • Official website
  • Official website of Morpho, Safran's security business
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