Safran to acquire flight control business

Safran has completed its acquisition of Collins Aerospace’s actuation and flight control activities.

According to the company, the business has around 3,700 employees across eight facilities in Europe and in Asia and is expected to generate sales of approximately US$1.5 billion in 2024.

“Our highly complementary product offerings would create a global leader in these segments with around US$1.8 billion of sales,” said Olivier Andriès, CEO of Safran.