Safran expands Texas capacity as Safran stock trades at EUR 331.30
Published on 10/04/2026 at 18:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 30, 2026, Safran announced that Safran Power Units plans to double the capacity of its Grand Prairie, Texas, facility for turbojet engines used in missiles and drones. Safran stock was at EUR 331.30 in weekend trading at Lang & Schwarz at 6:06 p.m. CEST on October 4, 2026, unchanged at 0.00 percent versus the EUR 331.30 close at Lang & Schwarz on October 2, 2026.
Weekend trading
The planned expansion includes assembly of the TR40 engine family, which the company says equips the Naval Strike Missile. Additional capacity is scheduled to come onstream in 2028, according to Safran.
The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Safran stock.
Texas production expansion
Safran said demand for the TR40 family has quadrupled in recent years. The company also stated that more than 1,200 TR40 units have been delivered worldwide and that the engine is produced for new-generation munitions.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026. The September 30 announcement remains the latest company development cited in this report.
