Safran : CFM seeing record production in 2017; orders continue at near-record levels
November 14, 2017 at 03:55 pm
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DUBAI, U.A.E. - 14 November 2017 - CFM International will achieve record production levels in 2017, with a planned rate of 1,800, to 1,900 engines by year end. At the same time, the company has logged near-record orders, with a total of 2,944 engines booked through October.
'It has been quite a year for CFM, and we're not done yet,' said Gaël Méheust, president and CEO of CFM International. 'The Supply Chain has already reached our 2018 planned rate of 20 LEAP engines per week and we have nearly completed implementation of our dual-source strategy. While all of that is going on, customers have continued to show their preference for CFM products, placing nearly 3,000 engine orders through October. It is both gratifying and humbling. We know that we need to deliver what we have promised and continue to earn that trust every day.'
In 2016, CFM delivered a total of 1,693 CFM56 engines and 77 LEAP engines as the company began the transition to the new product line. CFM is on track to deliver 1,400 CFM56 engines and more than 450 LEAP engines this year ; LEAP production will double in 2018 to approximately 1,100 to 1,200 engines as part of the ramp-up that will eventually lead to more than 2,000 LEAP engines per year by 2020.
Safran SA published this content on 14 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 November 2017 15:54:01 UTC.
Original documenthttps://www.safran-group.com/media/cfm-seeing-record-production-2017-orders-continue-near-record-levels-20171114
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Safran is a high technology international group, a leading equipment provider in the Aerospace and Defense markets. The group specializes in the design, manufacturing, and marketing of equipment and systems of high technology mechanical and electronic equipment. Net sales break down by product family as follows:
- aeronautic and space propulsion systems (51.2%): helicopter motors (No. 1 worldwide), civil and military airplanes motors, systems for space lancers and missiles, turboreactors for drone targets, etc.;
- aircraft equipment, defense systems and aerosystems (38%): airplane engine pods, landing gear, braking systems, electric wiring systems, etc. Safran also offers on board aircraft systems and equipment (primarily evacuation slides, emergency arresting systems, protective parachutes and oxygen systems, electrical power management systems, control systems, water and waste management systems and connectivity systems) and defense and security systems (helicopter flight controls, fingerprint-based biometric identification systems (No. 1 worldwide), inertial systems, optronic systems, tactical drone systems, etc.);
- aircraft interiors (10.7%): cabin interiors and seats;
- other (0.1%).
Net sales are distributed geographically as follows: France (19.4%), Europe (24%), the Americas (34.8%), Asia and Oceania (13.2%), Africa and the Middle East (8.6%).