Le Bourget, 15 June 2005
The SAFRAN Group announced the recovery of 100% of SMA’s (Société de Motorisations Aéronautiques) shares, which were previously held by Snecma, EADS and Renault.
Luc Pelon, CFAN’s current Vice President and Financial Director in Texas, has been named as SMA’s CEO. He replaces Antoine Grenier who will be taking-up other duties within the SAFRAN Group.
The SMA teams will be regrouped at Bourges where they will continue developing the optimized version of the SR305-230 engine and working on the C182’s Supplemental Type Certificate (STU) validation by the FAA.
***
About SAFRAN
SAFRAN is an international high-technology group with four core businesses: propulsion, communications, equipment, defense security. It has 56,000 employees in over 30 countries, and annual revenues exceeding 10 billion euros. The SAFRAN group comprises a number of companies with prestigious brand names, and holds, alone or in partnership, global or European leadership positions in all of its markets.
|
|
