The trend of Tier 1 supplier consolidation continues with the €8.5 billion ($9.1 billion) deal for Safran to buy Zodiac Aerospace. This combination of two of Europe’s largest aerospace companies would create the industry’s second-largest aircraft equipment supplier (excluding aero-engines). On the heels of the Rockwell Collins-B/E Aerospace tie-up and Honeywell’s failed attempt to buy UTC Aerospace Systems, it is a clear sign that aerospace supplier consolidation is ...

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