ENXTPA:SAFAerospace & Defense
Safran Morocco Plant Links A320 Growth With Supply Resilience And Sustainability
Safran has opened a major landing gear production plant in Morocco focused on Airbus A320 programs.
The facility is designed to support global aerospace supply chains and use mainly decarbonized energy.
The project is expected to create hundreds of local jobs and expand Safran's manufacturing footprint.
Safran, listed as ENXTPA:SAF, is adding this Moroccan plant at a time when its shares trade around €332.8. The company has seen share price returns of 8.1% over the past week and 36.8% over...