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HAL: HAL-Safran Chopper joint venture to be in place within 3 months

India is expediting work on a new military helicopter, Indian Multi Role Helicopter (IMRH), led by Hindustan Aeronautics and in partnership with French aerospace firm Safran and foreign aircraft manufacturers like Airbus and Sikorsky. The JV with Safran to co-develop the engine will be in place within three months, with the IPR remaining within India. Officials have said that a funding proposal will be submitted soon. ....

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Safran SA (OTCMKTS:SAFRF) Short Interest Update

Safran SA (OTCMKTS:SAFRF – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 185,400 shares, a growth of 66.0% from the July 15th total of 111,700 shares. Based on an average trading volume of 1,800 shares, the […] ....

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Brokerages Set Safran SA (OTCMKTS:SAFRY) Price Target at $138.50

Shares of Safran SA (OTCMKTS:SAFRY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the […] ....

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Safran SA (OTCMKTS:SAFRY) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Safran SA (OTCMKTS:SAFRY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation […] ....

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Pratt & Whitney Engine Problems Lead Some Airlines to Reduce Flights

RTX’s bet on powering single-aisle jetliners runs into quality and durability concerns ....

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