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Sagem and Snecma: Safram is born of their merge

Paris, France - The name of the new French aerospace company to be officially founded next May has been selected

Safran: this will be the official name of the new aerospace group which will be founded next May from the merge between French Sagem and Snecma. The shareholders’ representatives will meet on May 11 to start the joint activities of the two groups which will have a total number of some 55.000 employees. The Snecma’s share involved by the step consists of a 83% and Safran will attend at the same tim...

AVIONEWS - World Aeronautical Press Agency - 116777

AVIONEWS - World Aeronautical Press Agency
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