France's Safran says defence investment depends on orders-March 2024-www.financetom.com

France's Safran says defence investment depends on orders

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France's Safran says defence investment depends on orders

Mar 31, 2025 10:14 AM

PARIS, March 31 (Reuters) - The head of Safran

said on Monday the French aerospace and defence group was ready

to invest in increased production of defence equipment as long

as the mounting appetite for increased European defence capacity

led to tangible orders.

"We are ready to invest," CEO Olivier Andries told a French

Senate committee hearing, adding it was important to have

visibility over the pace of orders and defence budgets.

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