Safran to prioritize French fighter engine as FCAS funding ends in September

Safran’s strategic shift involves focusing solely on the development of a single next-generation combat aircraft engine. Olivier Andriès, CEO of Safran, announced this decision, citing the impending conclusion of funding for the Future Combat Air System (FCAS) program in September. The company will specifically prioritize fulfilling requirements related to France's fighter jet needs. This move reflects a realignment of resources following the termination of substantial FCAS investment. Safran intends to concentrate its engineering efforts and production capacity towards supporting French military aviation programs going forward.