Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Safran
  6. News
  7. Summary
    SAF   FR0000073272


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Safran : expands its wheels and brakes repair network with a new facility in Grand Prairie, Texas

09/20/2021 | 11:28am EDT

Safran Landing Systems, inaugurates its new wheel and brake repair facility in Grand Prairie, on September 15th, 2021, in the presence of Cedric Goubet, CEO and Nicolas Potier, Executive VP Wheels and Brakes.

The new repair shop has received its FAA certification on August 12th, 2021, and is fully operational to provide wheels & carbon brakes maintenance and logistics services to Safran's airline customers, as well as to the United States Air Force and United States Navy in support of their military platforms.

Cedric Goubet said, 'The opening of the Dallas shop is an important milestone in Safran Landing Systems' long-term commitment to strengthen our wheels and brakes repair network in the United States, and therefore meet the rapid growth of our integrated OEM & MRO packages offer.'

The five strategically-located repair stations (Milwaukee, Wisconsin; Miami, Florida; Bethlehem, Pennsylvania; Las Vegas, Nevada and Grand Prairie, Texas), staffed with 200 highly skilled specialists, have a combined footprint of 150,000 square feet. They are operating in full cooperation with our manufacturing plant in Walton, Kentucky, where wheels, brakes, and carbon heat sinks are produced.

Mike Buckley, President of Safran Wheel and Brake Repair and Services, added, 'this expansion allows us to better serve our airline partners, in the framework of the post-COVID traffic recovery and strong ramp-up in activity that the industry is experiencing. In addition to the logistics benefits that this network provides, our facilities have also enhanced their turn-key solutions, such as machining & metal improvement capabilities, to increase efficiencies, add value to our customers' supply chains, and allow them to focus on their core business.'


Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 76,000 employees and sales of 16.5 billion euros in 2020 and holds, alone or in partnership, world or regional leadership positions in its core markets.

Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.

Safran Landing Systems is the world leader of aircraft landing and braking systems. The company has partnerships with 30 airframers in civil, regional, commercial and military transport, and supports 27,000 aircraft.

For further details: www.safran-group.com and www.safran-landing-systems.com / Follow @Safran and @SafranLandingS on Twitter.

Safran Landing Systems Wheel and Brake Services is a rapid-response provider of aircraft wheel and brake repair and overhaul services. An FAA 145 repair station, Safran Landing Systems Wheel and Brake Services serves commercial airlines, low-cost carriers and aircraft parts providers with wheel and brake shops in Milwaukee, Wisconsin, Miami, Florida, Bethlehem, Pennsylvania, Las Vegas, Nevada, and Grand Prairie, Texas.

Contact Us


Virginie Combes

Safran Landing Systems



(C) 2021 Electronic News Publishing, source ENP Newswire

All news about SAFRAN
10/15SAFRAN : JP Morgan remains its Buy rating
10/12SAFRAN : launches Landing Life, a single brand grouping all landing and braking system sup..
10/12SAFRAN : inaugurates extension of its antenna and ground station engineering and productio..
10/12SAFRAN : Receives a Buy rating from Goldman Sachs
10/11SAFRAN : Kepler Cheuvreux remains its Buy rating
10/11SAFRAN : UBS maintains a Buy rating
10/11SAFRAN : launches Landing Life™, a single brand grouping all landing and braking sys..
10/08SAFRAN : Deutsche Bank remains Neutral
10/08SAFRAN : Group - Service Delivery Manager IT M/F
10/08SAFRAN : - Enterprise Architect, Application Planner M/F
More news
Analyst Recommendations on SAFRAN
More recommendations
Sales 2021 15 626 M 18 126 M 18 126 M
Net income 2021 914 M 1 060 M 1 060 M
Net Debt 2021 1 814 M 2 104 M 2 104 M
P/E ratio 2021 56,9x
Yield 2021 0,87%
Capitalization 49 438 M 57 353 M 57 348 M
EV / Sales 2021 3,28x
EV / Sales 2022 2,72x
Nbr of Employees 78 900
Free-Float 81,3%
Duration : Period :
Safran Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SAFRAN
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 115,98 €
Average target price 129,64 €
Spread / Average Target 11,8%
EPS Revisions
Managers and Directors
Olivier Andriès Chief Executive Officer & Director
Bernard-Pierre Jacques Delpit Chief Financial Officer & Executive Vice President
Ross McInnes Chairman
Frédéric Verger Executive VP, Chief Digital & Information Officer
Eric Dalbies Senior VP-Research, Technology & Innovation
Sector and Competitors