Safran and GE have completed the transaction originally announced on April 24, 2009, for Safran to acquire 81 percent of GE's Homeland Protection business (GE Homeland Protection). GE will retain a 19 percent stake in the company, as well as a seat on the Board of Directors. Homeland Protection is a leader in explosive and narcotics detection for aviation safety, checked baggage screening, military and critical infrastructure protection and new growth platforms in Chem/Bio, X-ray and Radiation/Nuclear detection. Safran group's subsidiary Sagem Securite will operate the new business. Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defense and Security.