Question 5037 — defense

Summary

Mr. Thibaut Monnier draws the attention of the Minister of the Armed Forces to the Corrèze-based company LMB Aerospace (75 employees and more than 40 million euros in turnover), specializing in high-performance electric fans for aerospace and defense. In particular, it plays a key role in strategic equipment programs for Rafales and French nuclear submarines. At a time when the President of the Republic calls for a reinforcement of military capabilities to raise the level of European defense, it is unthinkable to let a flagship of the French defense industry slip under a foreign flag. However, LMB Aerospace is the subject of a takeover project by the American group Loar Group for 365 million euros through a sale of the Tikehau Capital fund which itself benefited from millions of euros in public financing to support the industry French. This operation poses a serious problem of industrial sovereignty and weakens national strategic autonomy. He demands an immediate reaction from the executive to prevent this company, which already generates 30% of its turnover in the United States of America, from coming under American control. If this takeover were to take place, it would once again confirm the gradual abandonment of industrial capacities in favor of of foreign interests and he refuses to allow French strategic sovereignty to be sacrificed in the name of economic interests. That the Government put words into action when it comes to France's industrial policy by protecting strategic companies and making their relocations a national priority. He asks him if he will choose to activate the Montebourg decree of 2014, taken to protect strategic assets French, which would allow the Government to intervene in this transaction and save this company.

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