DJ FIGEAC AÉRO: FIGEAC AÉRO STREGNTHENS ITS POSITION ON A MAJOR NATIONAL SOVEREIGNTY PROGRAMME
FIGEAC AÉRO
FIGEAC AÉRO: FIGEAC AÉRO STREGNTHENS ITS POSITION ON A MAJOR NATIONAL SOVEREIGNTY PROGRAMME
19-May-2025 / 17:45 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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FIGEAC AÉRO stregnthens its position on a major national sovereignty programme
FIGEAC AÉRO (FR0011665280 - FGA:FP), a leading partner for major aerospace manufacturers, announces that it has been
selected by Safran Aircraft Engines to manufacture a particularly technical part for the M88 engine powering the Rafale
fighter, a major national sovereignty programme.
The result of considerable technical ExpertisE
FIGEAC AÉRO has been selected to manufacture a new component for the M88 engine. The M88, designed and developed by
Safran Aircraft Engines (SAE), is an afterburning turbofan engine powering the Rafale fighter aircraft developed by
Dassault Aviation and deployed by numerous armed forces worldwide.
It is a particularly technical part made from nickel-based superalloys for which FIGEAC AÉRO will provide precision
machining services mid-production cycle.
This new agreement stems partly from technical skill development at the Figeac site, which already produces a large
number of precision parts for SAE using dedicated workflows and where production will take place, and partly from a
close business partnership that is currently being developed between SAE and FIGEAC AÉRO.
A strategic agreement offering considerable potentiaL
The contract duration is five years. The first deliveries are expected towards the end of 2025 and production is seen
reaching its target rate as of the last quarter of FY 2025/26.
With this new win, FIGEAC AÉRO confirms that new business is trending favourably, as per the targets set under its
PILOT 28 plan: over 40% of its new business revenue target has now been secured and around 10% of this new business is
in its defense activities, in line with the targets it announced initially.
This new contract means that FIGEAC AÉRO is initiating a partnership with SAE's centre of industrial excellence for
revolving parts with which there is a great deal of potential for further business development going forward, in
keeping with the growing expertise of the Group's workforce.
Even more importantly, FIGEAC AÉRO is significantly building up its exposure to the Rafale. The Group is keeping a very
close eye on the current geopolitical climate and the recent talks held on a European bazooka1, along with the
resulting increase in build rates.
More generally, FIGEAC AÉRO confirms that it expects a whole series of positive developments for its defense activities
in the coming months and years, over and above negotiations already underway.
Register here if you wish to receive the FIGEAC AÉRO Group's latest news
Upcoming events (after trading)
-- 10 June 2025: 2024/25 full-year results
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-- 3 September 2025: revenue for the first quarter of full year 2025/26
About Figeac Aéro
The FIGEAC AÉRO Group specialises in producing metal parts and sub-assemblies. It is a leading partner for major
manufacturers in the aerospace, defence and energy sectors. FIGEAC AÉRO has a global industrial footprint with 14
production facilities spanning 8 countries and holds strategic positions on the world's main commercial and military
aircraft programmes. The Group generated annual revenue of EUR432.3 million in the year to 31 March 2025.
Figeac AÉro contacts
Jean-Claude Maillard
Chairman and Chief Executive Officer
Tel.: +33 (0)5 65 34 52 52
Simon Derbanne
VP Investor Relations, Corporate Communications, Public Affairs
Tel.: +33 (0)5 81 24 63 91
E-mail: simon.derbanne@figeac-aero.com / communications.group@figeac-aero.com
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1 The term European bazooka refers to massive budget measures adopted by European Union countries under the "ReArm
Europe" plan to bolster strategic industries, such as defence.
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Regulatory filing PDF file
File: CP_FGA_20250519_M88_EN_vdef
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Language: English
Company: FIGEAC AÉRO
ZI de l'Aiguille
46100 FIGEAC
France
E-mail: communications.group@figeac-aero.com
Internet: www.figeac-aero.com
ISIN: FR0011665280
Euronext Ticker: FGA
AMF Category: Inside information / Other releases
EQS News ID: 2140818
End of Announcement EQS News Service
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2140818 19-May-2025 CET/CEST
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