ASG Group congratulates Safran on acquisition of Collins flight controls business

We are thrilled to share the fantastic news that Safran has reached an agreement to acquire Collins Aerospace' flight controls business in a cash deal valuing of $1.8 billion, as it prepares for the next generation of increasingly computerised aircraft.

The deal to buy Collins' actuation and flights controls business marks the French engine and aircraft equipment maker's biggest acquisition since the 2018 purchase of seat maker Zodiac. This milestone deal is a potential game-changer for the industry and holds immense promise for the future of aerospace manufacturing in Europe!

As the Managing Director of ASG Group, Simon Weston commented "I cannot emphasise enough how exciting this acquisition could be for the entire aerospace and defence sector. The consolidation of these two industry giants will undoubtedly bolster their collective capabilities, fostering innovation, efficiency, and cutting-edge solutions for our collective global clients."

"Considering the one particularly noteworthy aspect of this development is the significant packages of work that Safran supplies, especially with the recent Dassault Aviation #rafale contract win with the Indian Navy. This achievement further will solidify Safran's position as a major player in the aerospace landscape, and it opens up new possibilities for our industry."

"From the perspective of ASG Group, as a multi site, right cost , right time global aerospace supplier, we as a company have been privileged to secure several exciting packages of work of our own in the aerospace and defence sector with esteemed partners such as BAE Systems. It brings immense potential for collaborative endeavours for European aerospace houses."

The synergies between Safran and Collins Aerospace flight controls business will undoubtedly lead to cutting-edge technologies, improved operational capabilities, and strengthened market presence. Moreover, the collective expertise and resources will undoubtedly enable them to tackle the industry's evolving challenges with remarkable precision and agility.

Congratulations to Safran, Collins Aerospace, and all the teams involved in making this vision a reality! At ASG Group, we eagerly look forward to exploring new horizons and embarking on even more exciting aerospace projects in the wake of this transformative news.