Safran has completed its acquisition of Collins Aerospace’s flight control and actuation business, which provides mission-critical systems for commercial and military aircraft. Announced on Monday, the closing of the transaction completed a process started two years ago when the companies announced the deal in July 2023.
The business that will now form part of the French aerospace group’s Safran Electronics & Defense unit employs around 4,000 people in eight facilities in Europe and Asia, with some associated activities in the U.S., Poland, and India. Flight control and actuation systems produced by RTX group subsidiary Collins are fitted on 180 aircraft platforms and in 2024 generated revenues of about $1.55 billion.
“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,” said Safran CEO Olivier Andriès. “It will enable us to deliver a comprehensive offering to our customers and position us extremely well for next-generation aircraft. This business fits perfectly with both our product portfolio and our DNA with a high technology content, recurring aftermarket sales, and profitable growth.”
Safran and Collins had aimed to complete the transaction in the second half of 2024. To meet regulatory requirements, Safran has sold its North American electromechanical actuation business to Woodward.