Safran

Nuclear Weapon Producers

Safran is involved in the production of key components for the French nuclear arsenal.

Nuclear Weapons |  Investments (years compared) (2021) (2020) (2019)

Company Profile

Safran, based in France, is a company with three key business areas: the aircraft propulsion, equipment and interiors, space and defence markets.1 Safran is a 50% owner of ArianeGroup, which has contracts for French nuclear weapon production.2 In the financial year ending 31 December 2021 Safran reported revenues of €15.3 billion.3

Stock exchange listing

Share name: SAFRAN
ISIN code: FR0000073272
Abbreviation: SAF

Contact information

Safran
2, Boulevard du Général Martial Valin
75724 Paris Cedex 15 – France
Tel: +(33) 1 40 60 80 80
Fax: +(33) 1 40 60 81 02
Website: https://www.safran-group.com/
Facebook: http://www.facebook.com/GroupeSafran
Instagram: http://instagram.com/safran_group/
LinkedIn: https://www.linkedin.com/company/safran
Twitter: http://twitter.com/SAFRAN
YouTube: https://www.youtube.com/user/GroupeSafran

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Nuclear weapons

ArianeGroup is responsible for the ongoing maintenance of the French M51 submarine launched ballistic missiles. ArianeGroup states that its role in the M51 production “covers upstream research, design, development and production of the missiles, the land-based operating infrastructure and the command and control system on board the submarines. ArianeGroup is also responsible for the system support in service as well as end-of-life disposal”.4 According to the French 2023 Defense budget, 2023 funding is mainly reserved for the continuation of the development and production work of M51.3, as well as preparatory work for M51.4, with ArianeGroup as the prime contractor.5

Safran’s subsidiary, Herakles, is involved in the design, development, manufacture and sale of solid propulsion systems and related equipment for all types of rockets and tactical and cruise missiles for air, sea and ground forces, through a joint venture with MBDA called Roxel.6 Roxel is also involved in ASMP/ ASMP-A missile production, providing boosters and additional devices.7

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Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

[table id=61 /]
2021 Investments

2021

44 Financial institutions made $31,126 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

26 Financial institutions made $22,686.7 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

51 Financial institutions made $24,660 million available in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

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Last updated: 2023-07-06 14:57:15

Notes

  1. Safran at a glance (no date) | Safran. Available at: https://www.safran-group.com/group/profile (Accessed: 10 August 2022).
  2. Company profile (no date) | ArianeGroup. Available at: https://www.ariane.group/en/about-us/company-profil/ (Accessed: 10 August 2022).
  3. ‘FY 2021 RESULTS’, Safran (2022), p. 14 Available at:  https://www.safran-group.com/media/394756/download.
  4. M51: A CENTRAL PART OF FRENCH DETERRENCE (no date) | ArianeGroup. Available at: https://www.ariane.group/en/defense/m51/ (Accessed: 10 October 2022).
  5. ‘Budget Général. Programme 146. Projets Annuels de Performances. Annexe au Projet de Loi de Finances pour 2023: Équipement Des Forces’ (2023), RÉPUBLIQUE FRANÇAISE, pp. 26-27. Available at: https://www.budget.gouv.fr/index.php/documentation/documents-budgetaires/exercice-2023/projet-de-loi-de-finances/budget-general/defense.
  6. Roxel is the European leader in tactical propulsion systems and a major player in world markets (2022) | Roxel. Available at: https://www.roxelgroup.com/en/corporate/; Roxel (2022) | MBDA. Available at: https://www.mbda-systems.com/polska/about-us/mbda-worldwide/roxel-2/.
  7. Market segments: propulsion systems (2022) | Roxel. Available at: https://www.roxelgroup.com/en/market-segments/.