Safran SA

SAF: XPAR (FRA)
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Safran: CFM56 Aftermarket Strength Bridges the Leap Transition as Defense Broadens Growth

Business Strategy and Outlook

Safran is a key player in global commercial and military aerospace propulsion and equipment. CFM, the 50/50 joint venture between Safran and GE Aerospace, has about 70% of the narrow-body market, positioning Safran to take advantage of the aerospace industry recovery after the covid-19 setback and the Russia-Ukraine war, which led to commodity price surges and supply chain disruptions.

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