CFM International Leap turbofan deliveries will increase by more than 20% this year after a record third quarter of production, Safran CEO Oliver Andriès says.
Safran's plan to open an assembly line for the CFM Leap-1A turbofan in Casablanca, Morocco, adds to the quieter creation of a similar line in Queretaro, Mexico.
A recent study has flagged another potential threat to the strategic supply chain—a possible chokehold on a rare metal essential to high-performance engines.
Management teams at Aubert & Duval, which include former Airbus and Safran employees, have worked to improve customer relationships and industrial processes.
Safran Aerosystems has rearranged its production and maintenance activities for more periodical maintenance checks of evacuation slides for commercial aircraft.
Safran expects to double sales from defense and space activities by the end of the decade, fueled by increasing military spending, CEO Olivier Andriès says.
The acquired business employs 4,000 people and supplies systems for 180 platforms; it will be consolidated within Safran Electronics & Defense as of Aug. 1.
