# Safran nears $1.8 billion deal to acquire Raytheon's flight controls unit

Safran is nearing an approximately $1.8 billion deal to acquire Raytheon Technologies' actuation business that makes flight controls for aircraft, helicopters and missiles.

- Type: Acquisition
- Announced: 2023-06-15
- Where: United States
- Value: $1.80B
- Jobs: 3,700
- Status: rumored
- Products: flight controls
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Safran](https://endata.com/companies/1270.md) (acquirer)
- [Collins Aerospace](https://endata.com/companies/11989.md) (target)
- [RTX Corporation](https://endata.com/companies/13755.md) (investor)
- [RTX Corporation](https://endata.com/companies/13755.md) (target)
- [Raytheon Technologies](https://endata.com/companies/46719.md) (target)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/safran-nears-1-8-billion-deal-to-acquire-raytheons-flight-controls-unit/), 2023-06-15: "French aerospace engine maker Safran SA is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp unit that makes flight controls for aircraft, helicopters and missiles, according to a person familiar with the matter."
- [safran-group.com](https://www.safran-group.com/pressroom/safran-acquire-collins-aerospace-s-actuation-and-flight-control-business-2023-07-21), 2023-07-21: "The contemplated transaction represents a unique opportunity to develop our position in mission critical actuation and flight control functions."
- [bloomberg.com](https://www.bloomberg.com/news/articles/2023-07-21/safran-agrees-to-buy-raytheon-aerospace-assets-for-1-8-billion), 2023-07-21: "Safran SA agreed to buy an aerospace business from Raytheon Technologies Corp. in cash for an enterprise value of $1.8 billion."
- [shephardmedia.com](https://www.shephardmedia.com/news/air-warfare/safran-seals-18-billion-deal-for-collins-flight-control-unit/), 2023-07-24: "Safran has announced it will go ahead with the $1.8 billion deal to acquire Collins Aerospace’s actuation and flight control business for commercial and military aircraft."
- [morningstar.com](https://www.morningstar.com/stocks/safran-acquisition-collins-potentially-strengthens-safrans-moat-fair-price), 2023-07-25: "Safran announced the acquisition of Collins’ actuation and flight control systems business for $1.8 billion in an all-cash deal, expected to be completed in 2024."

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