Finance
Safran finalises acquisition of Collins Aerospace flight controls business
Published by Global Banking & Finance Review®
Posted on July 21, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 21, 2025
1 min readLast updated: January 22, 2026
Safran has finalized its acquisition of Collins Aerospace's flight control division, aiming for $50 million in synergies by 2028.
(Reuters) -French engine and aircraft equipment maker Safran said on Monday it had finalised the acquisition of flight control and actuation activities from Collins Aerospace.
Safran, which also makes landing gear, brakes and cabin interiors, said the transaction is expected to generate around $50 million of annual run-rate cost synergies by 2028.
Collins Aerospace business, which generated about $1.55 billion in revenue in 2024, will be consolidated into Safran electronics and defense from August 1, the company added.
“This acquisition offers a unique opportunity to solidify our position in mission-critical flight control and actuation functions and create a global leader in this domain," Safran CEO Olivier Andries said in a statement.
The European Commission cleared the transaction in April, nearly two years after the deal was first announced.
(Reporting by Anna PeverieriEditing by Tomasz Janowski)
Safran finalized the acquisition of flight control and actuation activities from Collins Aerospace.
The transaction is expected to generate around $50 million of annual run-rate cost synergies by 2028.
Collins Aerospace's business will be consolidated into Safran electronics and defense from August 1.
The CEO of Safran is Olivier Andries.
The European Commission cleared the transaction in April, nearly two years after the deal was first announced.
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