Safran's revenue rises sharply

Safran, a French aerospace and defense company, reported a 14.7% increase in revenue for the third quarter, reaching 9 billion euros. This growth was primarily driven by its Safran Aircraft Engines division, which focuses on manufacturing and maintaining aircraft engines.

Leap engine sales drive success

The division's sales of Leap engines, produced by CFM—a joint venture between Safran and American company GE—increased by 5% in the third quarter. These engines power most Boeing 737 MAX aircraft, many Airbus A320 aircraft, and the C919 from Chinese manufacturer Comac.

Leap engine demand continues to grow

Safran supplied 1,565 Leap engines in 2026, a 26% increase compared to the first nine months of 2025. This growth in sales has led to a rise in maintenance services, which are the most profitable part of engine manufacturing. Sales of these services increased by 19%, according to CEO Olivier Andriès.

Future contracts boost confidence

Olivier Andriès announced a new agreement to supply more than 300 Leap engines for future Boeing 737 MAX aircraft and to maintain the entire fleet of over 600 Leap engines used by a Turkish airline. This commercial success is expected to continue, he said.

Defense sector sees strong growth

Safran's defense activities are also growing rapidly. The company is exporting more guidance systems for bombs used by combat aircraft, as well as optical and navigation systems that allow aircraft to locate themselves without GPS.

Defense revenue expected to double

Olivier Andriès stated that Safran expects its defense revenue to double between 2025 and 2030, representing a 20% annual growth rate. To support this growth, the company has announced significant investments in expanding production and research capabilities.

Major investments in production and technology

Safran is investing 120 million euros to expand its Montluçon (Allier) site and 100 million euros to increase missile engine production by four to five times. The company is also expanding its international presence, including a new factory in the optoelectronics and navigation sector.

Expanding production in the US

In Texas, Safran plans to double its production capacity of turbojets used to power missiles, including the American Naval Strike Missile anti-ship missile. This expansion highlights the company's growing role in global defense and aerospace markets.