This investment may signal Safran's focus on enhancing its navigation systems capabilities, which could strengthen its position in the global aerospace market. The expansion of HRG production suggests a growing demand for precise navigation solutions, which may benefit Safran's customers across various industries.
French Aerospace Group Expands Production Capacity in Central France
Safran, a French jet engine maker, will invest €120 million in its Montlucon site to triple output of hemispherical resonator gyroscopes (HRGs) by 2032. The project is part of a broader plan to expand Safran’s production capacity worldwide. The investment is expected to create over 150 jobs and raise the site’s annual HRG output to 30,000 units. This development was reported by Reuters.
This investment may signal Safran's focus on enhancing its navigation systems capabilities, which could strengthen its position in the global aerospace market. The expansion of HRG production suggests a growing demand for precise navigation solutions, which may benefit Safran's customers across various industries.
French Aerospace Group Expands Production Capacity in Central France
Safran, a French jet engine maker, will invest €120 million in its Montlucon site to triple output of hemispherical resonator gyroscopes (HRGs) by 2032. The project is part of a broader plan to expand Safran’s production capacity worldwide. The investment is expected to create over 150 jobs and raise the site’s annual HRG output to 30,000 units. This development was reported by Reuters.