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 : inaugurates extension of its antenna and ground station engineering and production center for satellites and flight tests

10/12/2021 | 09:02am EST

La Teste de Buch, France, October 12, 2021

Martin Sion, CEO of Safran Electronics & Defense, and Jean-Marie Bétermier, CEO of Safran Data Systems and Executive Vice President, Space at Safran Electronics & Defense, today inaugurated the extension to the company's antenna engineering and production center at La Teste de Buch in southwest France. Several honored guests attended the inauguration ceremony, including Alain Rousset, President of the Nouvelle-Aquitaine region, Marie-Hélène Des Esgaulx, President of the local urban community organization COBAS (COmmunauté d'Agglomération du Bassin d'Arcachon Sud-Pôle Atlantique), and prestigious domestic customers, including French space agency CNES, defense procurement agency DGA, Space Command and prime contractors Airbus Defence & Space, Thales Alenia Space and ArianeGroup.

The facility groups teams from R&D, production and customer support who handle satellite antennas and ground stations, as well as flight testing for Safran Data Systems. The extension inaugurated today doubles the site's surface area, now spanning 6,850m², to respond to the strong growth driven by the increasing number of space programs being implemented (science, telecom, constellations, etc.). The engineering and production facility now has nearly 160 highly-qualified employees

Created in 1981, this plant focuses on the construction of antennas and ground stations for applications including data reception from satellites, space probes and flight test telemetry. These products are used for major space programs and test centers in France and around the world.

Fostering cross-functionality and wellbeing at work

A new assembly and wiring shop for multiband microwave sources and the antenna integration facility, covering 1,500 square meters, will boost production efficiency by 60%, while also improving occupational safety and working conditions. The open-space approach to work areas favors cross-functional collaboration.

From laying the cornerstone to commissioning of the new infrastructures, spanning 3,900 square meters, construction took 12 months and was supported by COBAS.

"Safran Data Systems has logged sustained annual growth of 6% over the past eight years," said Jean-Marie Bétermier, CEO of Safran Data Systems and Executive Vice President, Space at Safran Electronics & Defense. "This expanded industrial facility will allow us to deliver even better support for our customers and their projects. By combining centers of excellence for engineering, testing and production, it allows us to meet our needs now and for many years to come."


Safran SA published this content on 12 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2021 13:01:03 UTC.

© Publicnow 2021
All news about SAFRAN
12/03PUMP / DUMP #13 : This week's gainers and losers
12/03Safran 2021 Capital Markets Day (CMD'21) Driving innovation for sustainable growth
12/03SAFRAN : Deutsche Bank reiterates its Neutral rating
12/03SAFRAN : Gets a Buy rating from JP Morgan
12/02Boeing shares surge as 737 MAX closes in on return in China
12/02Pratt & Whitney targets backlog with updated A320neo engine
12/02Pratt & Whitney targets backlog with updated A320neo engine
12/02Safran SA Appoints Ricardo Varela as Executive Vice President and General Manager of Sa..
12/02Ricardo Varela is appointed Executive Vice-President and General Manager for Safran Ele..
12/02SAFRAN : JP Morgan maintains a Buy rating
More news
Analyst Recommendations on SAFRAN
More recommendations
Sales 2021 15 638 M 17 691 M 17 691 M
Net income 2021 951 M 1 076 M 1 076 M
Net Debt 2021 1 592 M 1 801 M 1 801 M
P/E ratio 2021 46,2x
Yield 2021 1,05%
Capitalization 42 055 M 47 472 M 47 577 M
EV / Sales 2021 2,79x
EV / Sales 2022 2,29x
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 98,66 €
Average target price 129,21 €
Spread / Average Target 31,0%
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