Question 12586 — businesses

Summary

Mr. Laurent Mazaury draws the attention of the Minister of the Economy, Finance and Industrial, Energy and Digital Sovereignty to the authorization given by the Government to the sale of the company LMB Aerospace to the American group Loar Group. He recalls that LMB Aerospace, a French industrial player specializing in the manufacture of electric motors and fans intended for aeronautical and defense platforms, participates in sensitive programs such as the Dassault Rafale plane, the Leclerc tank and the Charles-de-Gaulle aircraft carrier. It notes that, according to information recently confirmed in the press by the Government, this transfer was authorized within the framework of the system for controlling foreign investments in France, despite the reluctance expressed by the General Directorate of Armaments and other competent services of the ministry of the armed forces. He underlines that the executive claims to have attached this authorization to conditions intended to protect national interests, in particular the maintenance in France of strategic activity and the modernization of industrial capacities, as well as the acquisition by the State of a preferential action conferring power of control over certain assets. In this context, he asks him to specify the elements of appreciation having led the Government to authorize this acquisition by a foreign group, in particular in view of the contradictory opinions of the defense services and the issues of national sovereignty. The legal and industrial guarantees imposed on the purchaser, detailing the specific commitments, control clauses and monitoring mechanisms put in place to ensure the lasting protection of know-how, capacities industrial and strategic supply chains. The modalities for implementing the conditions announced by the Government, in particular State intervention via preferential action or other governance instruments and measures to prevent risks linked to foreign possession of equipment integrated into sensitive defense programs. The lessons that the executive intends to draw from this file to the evolution of the foreign investment control system, in order to better respond to the challenges of economic sovereignty and national security in sectors directly linked to defense.

Machine translation from French. The official text remains authoritative.

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