Safran Electrical & Power has completed the acquisition of Thales’ aeronautical electrical systems business, which covers electric conversion, power generation, and motors for civil and military aircraft. The deal strengthens Safran Electrical & Power’s growing expertise, particularly in conversion, in the entire aircraft electrical chain. This buyout follows exclusive negotiations announced in September 2022. Thales’s aeronautical electrical systems business employs nearly 600 people and generated revenues of €145 million in 2022. This acquisition includes Thales Avionics Electrical Systems and Thales Avionics Electrical Motors in France, with sites in Chatou, Meru, and Conflans-Sainte Honorine. It also includes the support, maintenance and

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