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.
Safran Aircraft Engines signed a Memorandum of Understanding on May 1, 2026, with Uni Tritech Private Limited, part of the Neterwala Group, to manufacture critical components for the LEAP engine program in India. This agreement aims to strengthen India’s aerospace manufacturing capabilities and enhance the resilience and diversification of global supply chains. Previously, on April 30, 2026, MBDA and Safran successfully fired the THUNDART missile, a project intended to replace France’s aging Lance-Roquettes Unitaires (LRU) artillery systems. The THUNDART system progressed from design to demonstration in 18 months and has demonstrated a strike range exceeding that of current LRUs in service with the French Army, making it the only European-developed system to achieve this.
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