The DoJ said it is concerned the transaction between Safran (OTCPK:SAFRF) (OTCPK:SAFRY) and RTX would re-combine assets that were sold as part of a settlement for approval of United Technologies ...

In addition to selling Collins Aerospace's controls business to TransDigm, RTX is working to overcome a US lawsuit ...

The Justice Department’s Antitrust Division announced that it will require Safran, S.A. and Safran USA Inc. (SAFRY) to divest its North American actuation business and related assets to resolve ...

The U.S. told GE Aerospace on Thursday that it can restart jet engine shipments to China's COMAC, according to a person ...

Paris-based Safran expects to close the purchase in the second half of 2024. RTX declines to specify the price at which it has agreed to sell the business, which is a relatively small part of much ...

Microtecnica is currently owned by RTX subsidiary Collins Aerospace, and is part of Collins’ flight controls business, which was to be sold to Safran in a $1.8 billion deal announced last July.

Safran (SAFRF) (SAFRY) is close to an agreement to buy acquire a unit of Raytheon Technologies (RTX) that makes products including flight controls, Bloomberg News reported Monday, ...

Safran said it plans to acquire the actuation and flight-control business from RTX’s Collins Aerospace unit in a cash offer that values the target at $1.8 billion including debt.

Safran repairs engines, produces engine nacelles and operates a cabling joint-venture with Boeing - Matis Aerospace - in Morocco. Reporting by Tim Hepher, Editing by Louise Heavens and Mark Potter.

US Justice Department requires Safran to sell certain North American assets to resolve antitrust concerns from its deal for Collins Aerospace's actuation and flight control business from RTX ...