Reuters

07 Jun 2026, 07:07 UTC · 3h ago

Safran to invest €120 million in precision navigation sensors in France

Read original · https://www.reuters.com/business/aerospace-defense/safran-invest-120-million-precision-navigation-sensors-france-2026-06-07/

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Safran is investing €120 million in its Montlucon site to triple the output of hemispherical resonator gyroscopes (HRGs) by 2032. — Significant capacity expansion indicates strong projected demand and future revenue growth for high-precision navigation components.
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The company is investing €120 million to triple the production capacity of a specific high-tech component.

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