Safran is a privately owned company headquartered in France, founded in 2005, and employing approximately 62,080 individuals. The company operates as an international group specializing in aviation, defense, and space markets, with core activities encompassing propulsion, equipment, and interiors. Safran focuses on component manufacturing for these sectors, maintaining a global presence.

Revenue

Founded

2005

Headcount

57,695

Headquarters

France

Primary Segment

Aviation and Aerospace Component Manufacturing

Ownership

Privately Owned

News Summary:

Safran is exploring opportunities to expand its presence in India beyond aircraft engines, targeting multiple segments including propulsion equipment and interiors, as the country's aviation market rapidly grows, Safran India CEO JS Gavankar stated on August 7, 2026. Previously, the Indian Air Force expressed interest on August 6 in Safran’s AASM Hammer Extended Long Range (XLR) precision-guided weapon, which promises to more than double the stand-off strike capability of existing Hammer munitions used by Rafale fighters. On the same day, France submitted a detailed technical and commercial bid to India's Ministry of Defence for 114 Rafale fighter aircraft, valued at ₹3.25 lakh crore ($39 billion), proposing to build 94 jets in India. This submission responded to the Indian Air Force’s May Request for Proposal. France also announced it would defer approximately 20 Rafale fighter deliveries from 2031–2032 until 2033–2034, prioritizing direct production at the F5 standard. Earlier on August 6, Safran Data Systems inaugurated its newly expanded facilities in Bengaluru, India, designed to support the country’s space economy with mission-critical engineering solutions and local talent development.
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