Safran Electronics & Defense, a provider of inertial navigation systems, has purchased Orolia, a provider of navigation and timing services.
The acquisition of Orolia makes Safran one of the only companies with the full complement of PNT technologies.
Jean-Yves Courtois, CEO of Orolia, commented, “Orolia could not imagine a better fit than with Safran to secure its growth and leverage its PNT leadership positions. Thanks to the addition of best-in-class timing and inertial technologies, premier access to the largest defense and aerospace markets, and a proven track record in government program capture and execution, Safran and Orolia now have all the cards in hand to establish themselves as the Resilient PNT leader.”