Safran
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| Safran S.A. | |
|---|---|
| Type | Public (Euronext: SAF) |
| Founded | 2005 |
| Headquarters | Paris, France |
| Key people | Jean-Paul Herteman (CEO) |
| Industry | Defence and aerospace |
| Products | Aircraft propulsion Telecommunication Aviation equipment Defence electronics |
| Revenue | €12 billion (2007) |
| Employees | 57,000 (at Jan 2008) |
| Website | www.safran-group.com |
Safran (Euronext: SAF) is a French conglomerate involved in defense, aerospace propulsion and equipment, communications and security. It is the result of a merger between the propulsion and aerospace equipment group SNECMA and the defense conglomerate SAGEM. Its headquarters are located in Paris.
The name Safran, literally meaning "rudder blade", was chosen from 4,250 suggestions. As a holding company for many subsidiaries the name was deemed suitable for the suggestion of direction, movement and strategy. Safran also translates as saffron, which the company highlights as one of the catalysts for early international trade.
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[edit] History
The Safran Group was officially created on May 11, 2005 with the merger of Snecma and Sagem SA.
[edit] Snecma
In 1905 Louis Seguin created the company Gnome. Production of the first rotary engine for airplanes, the Gnome Omega, started in 1909. This company merged with the Le Rhône, a company created in 1912 by Louis Verdet, to form the Gnome & Rhône engine company. 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.
[edit] Sagem
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 d’Applications Téléphoniques (SAT). It acquired Société de Fabrication d’Instruments de Mesure (Sfim), a measurement instrument specialist, in 1999.
[edit] Organisation
The company is divided into four main areas:
[edit] Propulsion
The Aerospace Propulsion branch groups all operations concerning the propulsion of airplanes, helicopters, missiles and launchers, for the civil aviation, military aviation and space markets: design, production, marketing, testing, maintenance, repair & overhaul (MRO).
- Snecma (formerly Snecma Moteurs)
- Commercial & military engines
- Snecma Services
- Jet engine maintenance, repair and overhaul (MRO) services
- Turbomeca
- Turboshaft engines for helicopters
- Jet engines for training and support aircraft
- Turbines for missiles and drones
- Microturbo
- Snecma Propulsion Solide
- Solid rocket motors for launchers, strategic and tactical missiles
- Thermostructural composite materials
- Techspace Aero
- Components for aircraft and rocket engines
[edit] Communications
The Communications branch groups all mobile phone operations of the company Sagem Mobiles and its subsidiaries, primarily the design, development, production and marketing, under the Sagem brand, of a wide range of mobile phones and associated equipment. Its scope of activities also includes ODM (Original Design Manufacturer) services, involving the development of mobile phones on behalf of partners, using the partners’ brands.
[edit] 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.
- Messier-Dowty
- Landing gear design, manufacture, and support.
- Messier-Bugatti
- Wheels and carbon brakes
- Braking control and hydraulic systems.
- Messier Services
- Aircelle
- Labinal
- Wiring systems
- Hispano-Suiza
- Mechanical, hydraulic, electronic and electrical equipment
- Teuchos
[edit] Defense Security
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 (RLG) sensors), optronic systems and equipment, avionics systems, UAV (unmanned aerial vehicle) systems, air-land systems and equipment, biometric identification systems, secure transaction terminals and smart cards.
- Sagem Défense Sécurité
- Official website
- Sagem Monetel
- Sagem Morpho
[edit] Information Technology
- Safran Aerospace India
[edit] 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 |
[edit] Shareholding structure
At December 31, 2007:
- Public : 40,6%
- State : 30,4%
- Employees : 20,2%
- Areva : 7,4%
- Treasury shares: 1,4%
[edit] External links
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