Safran S.A. is a leading international high-technology group in defense, aerospace and security industries. The company serves the Infrared Search and Track (IRST) system market through its brand Safran Electronics & Defense. The company offers IRST systems for naval and air platforms. This includes PASEO IRST: Naval infrared search & track, EOMS NG: Naval electro-optical multifunction system, and Vampir NG: very long-range infrared search and track system. The company offers excellent product distribution and breadth of offerings, and has good scalability, delivery & support, and features/functionality. Source: Press Releases, Investor Presentations, Experts’ Interviews, and MarketsandMarkets Analysis