Latest News for SAFRF

Electra said on Wednesday it has signed a production agreement with France's Safran Helicopter Engines for turbogenerators, as the hybrid-electric aircraft startup looks to advance certification efforts.

European missile makers and defence groups launched a new consortium on Tuesday to develop what they said would be the continent's first sovereign exo-atmospheric interceptor.

Thales said on Monday it had reached an agreement with Exail's leading shareholder, the Gorgé family, to buy its stake in the French underwater drone technology company in a first step towards a full takeover.

French jet engine maker Safran is said to be studying a potential acquisition of sea-drone maker Exail Technologies , Bloomberg News reported on Friday.

French Armed Forces Minister Catherine Vautrin said on Monday that France had entered into exclusive negotiations with a consortium made up of Safran and European missile maker MBDA to develop a successor to its long-range rocket system.
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