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Safran invests €120M to triple HRG navigation sensor output at Montluçon · Endata

◂ Announcements

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Dec 1, 2023EXPANSIONMontluçon, France

Safran invests €120M to triple HRG navigation sensor output at Montluçon

Safran announced a €120 million investment to expand production of hemispherical resonator gyroscope (HRG) navigation sensors at its Montluçon facility, tripling annual output from 10,000 to 30,000 units by 2032. The expansion is part of a wider €1.4 billion industrial program.

Value

$130.0M (120.0M EUR)

Starts operating

2032

Status

Announced

Capacity

30,000 units per year

Productshemispherical resonator gyroscope (HRG) navigation sensors

CompaniesSafran

Sectors#Aerospace Components

“Safran has announced plans to invest €120 million in expanding the production of hemispherical resonator gyroscope (HRG) navigation sensors at its Montlucon facility.”jumpseataerospacenews.com

1 source
jumpseataerospacenews.comSafran Invests €120M to Triple GPS-Independent Navigation Sensor Output | Jumpseat Aerospace NewsDec 1, 2023

Summarized from public sources; check the original articles before acting on it.

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