Safran Acquires US-Based CRT to Strengthen MRO Capabilities

Safran

Expanding Aerospace Maintenance Network in North America

French aerospace giant Safran Aircraft Engines has successfully acquired US-based Component Repair Technologies (CRT), enhancing its global maintenance, repair, and overhaul (MRO) operations. This strategic move is part of Safran’s ambitious €1 billion ($1.4 billion) plan to significantly broaden its presence in aerospace aftermarket services.

CRT, headquartered in Mentor, Ohio, employs over 450 skilled technicians and engineers specializing in aircraft engine repairs. The company maintains certifications from the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA), guaranteeing compliance with rigorous international aerospace standards.

Boosting Repair Capabilities for Major Engine Components

Under Safran's ownership, CRT will focus on repairing critical engine components, including main, fan, compressor, and turbine shafts, alongside major cases and frames. This capability positions Safran to effectively respond to rising aftermarket service demands for the widely-used CFM56 and LEAP engines, which currently power approximately 32,000 aircraft globally.

Safran initiated the CRT acquisition process in September last year, underscoring the company's long-term commitment to expanding its aerospace repair capabilities and market presence throughout North America.