Safran SA

Safran SA engages in the design, manufacture, and sale of aircraft, defense, and communication equipment and technologies. It operates through the following segments: Aerospace Propulsion, Aircraft Equipment, Defense, and Aerosystems, Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, and drones. The Aircraft Equipment, Defense, and Aerosystems segment covers the full life cycle of systems and equipment for civil and military aircraft and helicopters; and is involved in landing gear and brakes, nacelles and reversers, avionics, security systems, onboard computers, and fuel systems. The Aircraft Interiors segment engages in the manufacture of Cabin interiors for regional, medium-haul, long-haul, business and military aircraft. The Aircraft Interiors segment is composed of aircraft seats for passengers and crew, cabin equipment, overhead bins, class dividers, passenger service units, cabin interior solutions, chilling systems, galleys, electrical inserts and trolleys, and cargo equipment. The company was founded on August 16, 1924 and is headquartered in Paris, France.

General Electric

General Electric and France's Safran on Monday set out plans to develop a new jet engine able to reduce fuel consumption and emissions by 20% as they announced a 10-year extension to their CFM International joint-venture to 2050.

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