What Happened
European Aerospace Giants Strengthen Supply Chain
Airbus and Safran have agreed to acquire Tikehau Capital’s share in metal supplier Aubert & Duval, aiming to support the French supply chain. The deal was announced on June 25, with Tikehau’s aerospace and defense fund having played a significant role in helping Aubert & Duval survive the drop in orders. This move is expected to strengthen the partnership between Airbus, Safran, and Aubert & Duval, as reported by Aviation Week.