Safran Aircraft Engines has completed the acquisition of Component Repair Technologies (CRT), a specialist in aircraft engine parts repair. Based in Mentor, Ohio, CRT employs over 450 personnel and will now serve as Safran's centre of excellence for repairing large engine components, such as cases and rotating parts, within the Americas. This strategic move aims to enhance support for existing and future customers across the region.
The acquisition is part of Safran Aircraft Engines' ambitious €1 billion (US$1.04 billion) investment plan to expand the capacity and workforce of its global maintenance, repair, and overhaul (MRO) network. This expansion supports the increasing demand for servicing the 32,000 CFM56 and LEAP engines currently in operation worldwide.
CRT will contribute to engine parts repair operations for Safran's Shop Visits, serving airlines with service contracts, as well as other engine manufacturers and third-party entities within the MRO market. Its inclusion enhances Safran's global MRO network, which already includes facilities in Châtellerault, the Ceramic Coating Centre, Airfoils Advanced Solutions, Safran Turbine Airfoils, and Safran Aero Composite in France, along with PTI in Florida, U.S.A, and Safran Aircraft Engine Services Americas in Querétaro, Mexico.
The addition of CRT underscores Safran's commitment to bolstering its MRO presence in the Americas, complementing plans for new facilities in Querétaro. This acquisition strengthens Safran's position in the global aviation market and reinforces its ability to provide advanced support for its extensive engine fleet.
