
France’s Safran Group last Friday said it has acquired Orolia, a provider of resilient positioning, navigation and timing (PNT) solutions for aerospace, defense, space and various other critical infrastructure markets. Terms of the deal were not disclosed. Orolia has more than 435 employees in Europe and North America and annual sales of about $102 million. Safran said the acquisition is meant to help it become a world leader in resilient PNT. “The acquisition of Orolia makes Safran one of the…