Safran Plans Further Increase in AASM Hammer Guided Bomb Production as Investment Supports Higher Annual Output
2 Articles
2 Articles
Exail Technologies shares have potential on the stock exchange. The great prospects of the French defence nugget are reinforced by the upcoming big investment of 120 million euros from Safran to Montluçon, which reflects the explosive potential of inertial navigation.
Safran plans further increase in AASM Hammer guided bomb production as investment supports higher annual output
Safran will invest 120 million euros in its Montluçon site alone. Employment at the facility is also expected to increase by 150 people. The production increase is linked in part to expanded capacity for key bomb components. These include gyroscopes used in inertial navigation systems. The investment forms part of a broader 1.4 billion euro investment plan approved by Safran in 2025. The programme is intended to support the company’s ability to …
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