Sagem's Smart Weapons, Threat-Detection Business Thriving | Aviation International News

Sagem's Smart Weapons, Threat-Detection Business Thriving

Sagem's defense and security businesses are thriving, especially in smart weapons and threat detection at airports.

By Thierry Dubois • Writer

November 12, 2011

In an interview ahead of the Dubai Air Show, Philippe Petitcolin, Safran’s president for defense and security and CEO of the French company’s subsidiary Sagem, said the company’s (Stand W325) defense and security businesses are thriving, especially in smart weapons and threat detection at airports, and it sees no let-up in activity. The recent decline in defense revenues in the third quarter was “due to delivery fluctuations during the year” rather than structural causes. He anticipates no overall slide on this side of the business for 2011 or 2012.

Separately, the growth trend in the security business is expected to continue, said Petitcolin. “This is organic growth and we see 2011 growing 10 percent or so over 2010,” he said, adding that this is a general trend in the security industry.

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