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Safran SA (SAFRY)
- Reuters
Five-week Quebec Safran strike adds to aircraft supply-chain woes
A five-week strike by Montreal-area Safran SA workers who make landing-gear components used in Boeing and Airbus jets shows no signs of resolution as planemakers say supply-chain snags are hampering production. Workers picketed on Tuesday outside the factory in Mirabel, Quebec, where Safran has been running operations using personnel who are not striking, a company spokesperson said. European aerospace giant Airbus on Monday lowered its forecast for deliveries this year to around 770 jets from 800 and delayed a multi-year hike in narrowbody production, blaming shortages of engines and other parts, including landing gear.
- Zacks
Zacks Industry Outlook Highlights Safran, Leidos Holdings and Textron
Safran, Leidos Holdings and Textron are part of the Zacks Industry Outlook article.
- Zacks
3 Aerospace-Defense Stocks to Watch Amid Rising Air Passenger View
Improving air passenger traffic and rising U.S. defense funding are expected to bolster the aerospace-defense industry, amid lingering supply-chain issues. You may keep an eye on SAFRY, LDOS & TXT.
