NewswireTODAY - /newswire/ - Paris, Ile-de-France, France, 2018/06/14 - Eurosatory 2018 - Nexter and Safran have signed a framework contract concerning Safran Electronics & Defense's new Geonyx™ inertial navigation system - Nexter-Group.fr / Safran-Electronics-Defense.com. PAR: SAF | SAFRAN

Nexter's interest in this product demonstrates the relevance of Safran Electronics & Defense investments in research & technology, which allow to continue to innovate and to offer customers more competitive equipments.

This agreement reinforces Safran's position as a reference in the field of inertial navigation and artillery pointing systems and marks a new stage in its relations with Nexter.

Safran being an exclusive supplier of Nexter for Caesar howitzer of the French army, the SIGMA-30 inertial navigation system was proposed until now. This agreement signed with Nexter will enable Safran to propose, in France, but also for exports, a new generation of inertial navigation and artillery pointing system, offering optimized precision, fast deployment and life-cycle cost capabilities thanks to the exceptional reliability of the HRG Crystal™ technology patented Safran.

With this contract, Safran and Nexter (nexter-group.fr) take full advantage of the latest technological innovations in inertial navigation and artillery pointing system, inertial navigation system being a key element of the artillery target engagement chain.

Safran (safran-group.com) is an international high-technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with more than 58,000 employees and sales of 16.5 billion euros in 2017. Safran is listed on the Euronext Paris stock exchange, and is part of the CAC 40 and Euro Stoxx 50 indices.

Safran Electronics & Defense (safran-electronics-defense.com) is a world leader in optronics, avionics, electronics and critical software for both civil and defense applications. The company's products are deployed worldwide on more than 1000 ships, 25,000 land vehicles and 10,000 aircraft.

Agency / Source: Safran Group

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