# Boeing and Safran launch APU joint venture

Boeing and Safran have agreed to form a 50/50 joint venture to design, build and service auxiliary power units (APUs). The venture will be based in the United States and is expected to close in the second half of 2018.

- Type: Partnership
- Announced: 2018-06-04
- Where: United States
- Status: announced
- Products: auxiliary power units
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Boeing](https://endata.com/companies/685.md) (partner)
- [Safran](https://endata.com/companies/1270.md) (partner)

## Sources

- [aerospaceglobalnews.com](https://aerospaceglobalnews.com/news/boeing-and-safran-launch-joint-venture/), 2018-06-04: "Both companies will have a 50% stake in the partnership, which will be based in the United States."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.