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By Mauro Orru Safran is launching a share buyback program of up to 1 billion euros ($1.11 billion) and raised its guidance for the year after posting. ....
Safran has announced it will go ahead with the $1.8 billion deal to acquire Collins Aerospace’s actuation and flight control business for commercial and military aircraft. ....
Tata-Led Air India Places Record Order For 800 CFM International Leap Engines; MRO Facility Progressing As Planned For 2025 swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
India s negotiations to acquire 26 Rafale-M fighter jets and three Scorpene submarines from France have yet to be concluded, according to unnamed sources. While an agreement between India s state-run Mazagon Dock Limited and France s Naval Group has been confirmed for the submarine project, discussions about costs and technical aspects continue. The deal for the jet variant will be finalised at the end of the techno-commercial negotiations. India and France have expanded defence cooperation, and will also develop a new jet engine capable of working with the Indian Air Force. ....