MRO & Manufacturing
Daher Group Advances Leadership and Take Off 2027 Strategic Plan
Daher Group appoints new leaders and implements Take Off 2027 plan to boost growth, innovation, and sustainability in aerospace and logistics.

Daher Group Leadership Transformation: Strategic Appointments Drive Aerospace Giant’s Evolution Through Take Off 2027 Plan
The Daher Group, a French aerospace and logistics conglomerate with a heritage spanning over 160 years, is in the midst of a significant organizational transformation. This evolution is driven by a series of high-level leadership appointments and a comprehensive strategic plan, Take Off 2027, aimed at reinforcing Daher’s position as a leading international player in aerospace, industrial services, and logistics. The company’s recent executive changes, including the appointment of Didier Kayat as Chairman and CEO and the elevation of new division heads, signal a renewed focus on operational excellence, innovation, and sustainable growth. These moves are designed to ensure Daher’s resilience and competitiveness in a rapidly changing global industry.
Understanding the significance of these appointments and the strategic context in which they occur is essential for appreciating Daher’s current trajectory. The company’s transformation is not merely a response to market pressures but a proactive realignment to seize emerging opportunities in aerospace manufacturing, industrial services, and defense. This article explores the key aspects of Daher’s leadership changes, strategic initiatives, and broader industry context, providing a factual and neutral analysis of the company’s ongoing evolution.

Company Background and Historical Evolution
Daher’s roots date back to 1863, when it was founded as a shipping company in France. Over the decades, the company diversified from maritime logistics into industrial services and aerospace, consistently adapting to the demands of new industrial revolutions. By the early 20th century, Daher had already established itself as a key player in logistics, leveraging its expertise to support industrial and technological advancements.
The company’s entry into aerospace was cemented through its association with Morane-Saulnier, a pioneering aircraft manufacturer founded in 1911. This partnership laid the groundwork for Daher’s future as one of the world’s oldest operating aircraft manufacturers. Key milestones in Daher’s aerospace journey include the 1915 operational deployment of the Morane-Saulnier Type L, recognized as the first fighter aircraft, and the 1954 launch of the Morane-Saulnier 760 Paris, the world’s first business jet.
Throughout the 20th and early 21st centuries, Daher expanded its capabilities through strategic partnerships and acquisitions. Notable developments include its role as a transportation partner for Airbus in 1989, its participation in the Falcon 7X program in 2001, and the manufacturing of Airbus A350 landing gear doors from 2009. The acquisition of US-based Quest Aircraft and KVE Composites in 2019 and a major aerostructure plant in Florida in 2022 further extended Daher’s global reach and technological expertise.
Today, Daher operates across four main sectors: aircraft manufacturing, industry (aerospace equipment and systems), industrial services, and logistics. With 14,000 employees in 15 countries and revenues reaching €1.8 billion in 2024, Daher’s diversified model has proven resilient, allowing it to weather economic downturns and capitalize on emerging opportunities in both civil and defense aerospace markets.
Recent Leadership Appointments and Organizational Changes
In May 2024, Daher’s Board of Directors appointed Didier Kayat as Chairman of the Board, succeeding Patrick Daher, who had served in the role since 2016. Kayat also retained his position as CEO, consolidating executive leadership at a pivotal moment in the company’s transformation. This move reflects Daher’s commitment to continuity and the strategic objectives outlined in its Take Off 2027 plan.
Olivier Genis, a board director since 2020 and a Daher family appointee, was named Vice President of the Board. Genis brings extensive governance experience from his tenure at Eiffage Construction, reinforcing Daher’s focus on robust and modern governance standards. These changes align with the company’s dual priorities of maintaining family control while adopting best practices in corporate governance.
At the executive level, January 2024 saw the appointment of Cédric Eloy as head of the newly formed Industrial Services Division. Eloy, who joined Daher in 2011, has held various roles including Director of Innovation and Managing Director of AAA (acquired in 2023). His leadership is expected to drive Daher’s ambitions in industrial services, particularly following the integration of AAA’s 3,000 specialists across 11 countries.
Aymeric Daher, a member of the founding family, was appointed to lead the Logistics Division. His international experience and strategic background, gained through roles at BNP Paribas and various leadership positions within Daher, equip him to advance the company’s logistics operations and support its international growth agenda. Other notable appointments include Alain-Jory Barthe as Senior Vice President of the Industry Division and Julie de Cevins as Sustainable Development Director, both joining the Executive Committee to reinforce Daher’s focus on operational excellence and sustainability.
“The constant focus by the Group’s shareholders: the Daher family and Bpifrance; to implement the optimal standards for governance of the Group.” — Daher official statement
These leadership changes are integral to the “D# project,” an internal restructuring initiative aimed at organizing Daher around its four business areas. This reorganization, expected to be technically finalized by the end of 2025, is designed to enhance agility, operational excellence, and responsiveness to market-specific challenges.
Strategic Context: The Take Off 2027 Plan
Launched in 2023, Take Off 2027 is Daher’s most ambitious strategic plan to date. Its primary goal is to transform Daher into a large, profitable international company operating across four complementary sectors: aircraft production, manufacturing, industrial services, and logistics. The plan is structured around three core priorities: internationalization, profitability, and innovation with a strong emphasis on decarbonization.
Internationalization is a key focus, with over 35% of Daher’s revenue coming from the United States by 2023. Strategic acquisitions in North America, such as the Florida and Idaho facilities, have expanded the company’s manufacturing and service footprint. This geographic diversification reduces reliance on European markets and positions Daher to leverage growth opportunities in the robust US aerospace sector.
Profitability improvements are being pursued through operational excellence, supply chain resilience, and cost management. The creation of the Industrial Services Division, following the acquisition of AAA, is a strategic move to capture growth in aerospace services. The division’s integration has positioned Daher as a leading player in industrial services, generating over €270 million in revenue in 2023.
Innovation and sustainability are central to the plan. Daher has established three innovation centers, Log’in, Shap’in, and Fly’in, dedicated to logistics, aerostructures, and aircraft, respectively. The company’s decarbonization initiatives include the EcoPulse hybrid-electric aircraft demonstrator, developed in collaboration with Safran and Airbus. With a target of a 5% annual reduction in CO2 emissions starting in 2025, Daher is positioning itself at the forefront of sustainable aviation technology.
“Decarbonizing aerospace is the fourth revolution in the sector, and a challenge we must tackle collectively.” — Didier Kayat, Chairman & CEO, Daher
The organizational restructuring under the D# project is creating four autonomous business divisions, each with dedicated leadership and resources. This decentralized approach allows each division to respond more effectively to market demands while maintaining strategic alignment at the group level.
Financial Performance and Market Position
Daher’s financial performance reflects the success of its strategic initiatives. Revenues grew from €1.3 billion in 2022 to €1.8 billion in 2024, with international markets accounting for 55% of total revenue. Aircraft manufacturing remains a major revenue driver, with 82 aircraft delivered in 2024 (56 TBMs and 26 Kodiaks). The Industrial Services Division’s rapid integration and performance underscore the value of Daher’s expanded service offerings.
The company’s order backlog, representing 2.5 years of revenue, provides strong visibility and stability for future growth. While profitability has improved, management acknowledges that levels have not yet returned to pre-pandemic benchmarks, highlighting a commitment to continuous improvement. Daher’s balanced model between industrial and service activities has proven resilient, enabling the company to navigate economic uncertainties and maintain a strong market position.
Strategic Investments continue to support growth, including facility expansions in Idaho and Florida, the establishment of new final assembly lines, and ongoing research and development in hybrid-electric propulsion. These investments are critical for sustaining Daher’s competitive edge in both established and emerging aerospace markets.
Industry Context and Challenges
The aerospace industry is facing significant challenges, including persistent supply chain disruptions, regulatory pressures, and the imperative for decarbonization. According to McKinsey, aerospace executives are increasingly concerned about supply chain shortages, with new aircraft orders and backlogs placing additional strain on production capabilities. The French aerospace sector, of which Daher is a key part, achieved sales of €77.7 billion in 2024, with exports accounting for 82% of consolidated sales.
Decarbonization is both a regulatory requirement and a market expectation. Deloitte reports that Sustainability initiatives, such as sustainable aviation fuels and electric propulsion, could reduce industry emissions by up to 63% through 2050. Daher’s early investment in hybrid-electric technology positions it well to meet these evolving standards and customer expectations.
Talent shortages and geopolitical tensions further complicate the industry landscape. Daher has responded by investing in workforce development, hiring 2,500 new employees in 2024 and increasing training hours by 32%. The company’s recognition as a “Top Employer France” for three consecutive years underscores its commitment to attracting and retaining skilled talent in a competitive market.
Conclusion
Daher’s recent leadership appointments and strategic realignment under the Take Off 2027 plan mark a pivotal chapter in the company’s long history. By consolidating executive leadership, establishing autonomous business divisions, and investing in innovation and sustainability, Daher is positioning itself for continued growth and resilience in a challenging global aerospace environment.
The company’s balanced approach, combining family ownership with professional management, manufacturing excellence with service expansion, and operational agility with strategic vision, sets it apart from many industry peers. As Daher continues to implement its transformation initiatives, its ability to adapt to industry trends and capitalize on new opportunities will be critical to sustaining its leadership in aerospace, industrial services, and logistics.
FAQ
What is the Take Off 2027 plan?
Take Off 2027 is Daher’s five-year strategic plan aimed at transforming the company into a leading international player in four sectors: aircraft production, manufacturing, industrial services, and logistics. The plan emphasizes internationalization, profitability, and innovation, with a strong focus on sustainability.
Who are the key recent appointments at Daher?
Recent appointments include Didier Kayat as Chairman and CEO, Aymeric Daher as head of the Logistics Division, Cédric Eloy as head of Industrial Services, Alain-Jory Barthe as Senior Vice President of Industry, and Julie de Cevins as Sustainable Development Director.
How is Daher addressing sustainability?
Daher is investing in hybrid-electric propulsion (EcoPulse program), aiming for a 5% annual reduction in CO2 emissions from 2025, and has established three innovation centers focused on logistics, aerostructures, and aircraft. The company’s sustainability strategy is integrated across all business divisions.
What challenges does Daher face in the current aerospace market?
Daher faces industry-wide supply chain disruptions, regulatory pressures for decarbonization, talent shortages, and geopolitical uncertainties. The company is addressing these through operational excellence, workforce investment, and strategic diversification.
What is the significance of Daher’s expansion into defense markets?
Defense now accounts for over 15% of Daher’s revenue. The company’s involvement in the French MALE drone program and its multi-mission aircraft platforms position it as a key partner in France’s defense industrial base and provide diversification from civil aerospace markets.
Sources
Photo Credit: Daher
MRO & Manufacturing
Honeywell Unveils New Brands Ahead of 2026 Aerospace Spin-Off
Honeywell announces Honeywell Technologies and Honeywell Aerospace as independent firms post June 29, 2026 spin-off, focusing on AI and aviation.

On June 1, 2026, Honeywell officially unveiled the new brand identities for its automation and aerospace businesses, marking the final stages of a historic corporate restructuring. The two new entities, Honeywell Technologies and Honeywell Aerospace, will operate as independent, publicly traded companies following the aerospace division’s official spin-off scheduled for June 29, 2026.
According to the company’s press release, this announcement dismantles the 140-year-old conglomerate into focused, pure-play businesses. The strategic pivot aligns with broader Wall Street trends that increasingly favor specialized operations over sprawling industrial giants, allowing each new company to target specific global megatrends without competing for internal capital.
The New Brands: Technologies and Aerospace
Following the June 29 separation, the two resulting companies will operate with distinct strategic focuses and market identities. Industry research indicates that the automation business, now branded as Honeywell Technologies, will retain the legacy Nasdaq ticker “HON.” This entity is positioned to lead the industrial transition from automation to autonomy, focusing heavily on artificial intelligence-led industrial systems, building automation, and mission-critical software.
Conversely, the aviation business will launch as Honeywell Aerospace and trade on the Nasdaq under the new ticker “HONA.” Operating as one of the largest publicly traded, pure-play aerospace suppliers, Honeywell Aerospace will target the future of aviation. According to industry data, the division currently generates approximately $15 billion in annual sales and will focus its independent efforts on aircraft electrification, autonomous flight, and defense applications.
Leadership Perspective
Company leadership emphasized that the rebranding is designed to respect the conglomerate’s extensive history while pivoting toward modern technological demands. In the official press release, Honeywell Chairman and CEO Vimal Kapur highlighted the significance of the transition.
“Today marks another defining moment in our transformation into two independent, focused companies. Drawing on Honeywell’s century-long legacy, these new brand identities honor our history while reflecting the bold vision and strategic focus that will define Honeywell Technologies and Honeywell Aerospace as standalone companies.”
, Vimal Kapur, Chairman and CEO of Honeywell
The Road to the Spin-Off
The dissolution of the Honeywell conglomerate has been a multi-year process driven by internal strategic reviews and external market pressures. In November 2024, Elliott Investment Management acquired a $5 billion stake in the company, publishing a letter that urged the board to simplify its structure to unlock shareholder value. By February 2025, Honeywell’s Board of Directors formalized the plan to separate into three independent companies: Automation, Aerospace, and Advanced Materials.
The first phase of this massive restructuring was completed in October 2025, when Honeywell successfully spun off its Advanced Materials business. That entity now operates as a standalone public company named Solstice Advanced Materials, trading under the ticker “SOLS.”
Financial Implications
Prior to the upcoming aerospace spin-off, Honeywell’s total market value is estimated at approximately $150.72 billion, with an estimated brand value of $18 billion built over 140 years of operation. Financial analysts at Wolfe Research have previously projected that a “sum-of-the-parts” valuation for the post-split entities could reach a significant premium over Honeywell’s historical trading range, drawing comparisons to the highly lucrative 2024 spin-off of GE Vernova.
AirPro News analysis
We view Honeywell’s breakup as a definitive marker in the ongoing $1.2 trillion U.S. industrial divestiture trend. By following the blueprint laid out by General Electric and Johnson & Johnson, Honeywell is positioning its aerospace and automation divisions to be significantly more agile. As separate entities with distinct balance sheets, both Honeywell Technologies and Honeywell Aerospace can more easily pursue targeted mergers and acquisitions. Without the burden of competing for internal capital, Honeywell Aerospace is now uniquely positioned to aggressively fund the electrification of aircraft, while Honeywell Technologies can double down on artificial intelligence and industrial autonomy.
Frequently Asked Questions (FAQ)
When does the Honeywell Aerospace spin-off take effect?
The aerospace division will officially spin off into an independent, publicly traded company on June 29, 2026.
What will the new stock tickers be?
Honeywell Technologies (the automation business) will retain the legacy ticker “HON,” while Honeywell Aerospace will trade under the new ticker “HONA.”
What happened to Honeywell’s Advanced Materials business?
The Advanced Materials division was successfully spun off in October 2025 as Solstice Advanced Materials, which currently trades under the ticker “SOLS.”
Sources
Photo Credit: Honeywell
MRO & Manufacturing
Sopra Steria to Acquire Daher’s Aerospace Manufacturing Unit in 2026
Sopra Steria plans to acquire Daher’s Manufacturing Engineering business to expand aerospace production capabilities and strengthen Airbus collaboration.

This article is based on an official press release from Sopra Steria.
On May 28, 2026, European technology and consulting major Sopra Steria announced it has entered into exclusive negotiations to acquire the Manufacturing Engineering business of Daher Industrial Services, a subsidiary of the French aerospace conglomerate Group Daher. According to the official press release, the proposed acquisition aligns with Sopra Steria’s broader strategy to build comprehensive technological and engineering capabilities across the European aerospace sector.
The targeted unit specializes in optimizing aerospace production processes and has served as a strategic partner to Airbus since 1995. Industry research reports indicate that the unit generated more than €42 million in revenue in 2025 and employs over 360 people, primarily based in France. The financial terms of the transaction have not been publicly disclosed.
Subject to customary regulatory approvals and consultations with employee representative bodies, the companies expect to finalize the transaction in the second half of 2026. We view this development as a significant indicator of ongoing consolidation within the aerospace digital engineering space.
Strategic Expansion in Aerospace Engineering
Sopra Steria, which reported a global revenue of €5.6 billion in 2025 and employs approximately 51,000 people across nearly 30 countries, has been actively expanding its footprint in the aerospace and defense sectors. The company previously acquired CS Group to bolster its secure infrastructure and engineering programs, and this latest move signals a continued focus on industrial optimization.
Deepening the Airbus Partnership
The acquisition is designed to elevate Sopra Steria’s aerospace business by expanding its capacity in critical Manufacturing engineering processes. According to industry research, the Daher unit focuses on two vital phases of aerospace manufacturing: the pre-production preparatory phase and production ramp-up efficiency. By integrating these capabilities, Sopra Steria aims to offer end-to-end skills to major European aerospace programs.
“The acquisition allows the company to offer comprehensive, end-to-end skills to major European aerospace programs,” notes recent industry research analyzing the deal.
The global aerospace industry is currently facing immense pressure to accelerate aircraft production to meet post-pandemic travel demand. Sopra Steria is positioning itself as a vital technological partner to help manufacturers, particularly Airbus, meet these accelerating production paces and exacting industrial standards.
Daher’s Strategic Realignment
For Group Daher, the divestment of its Manufacturing Engineering unit represents a strategic realignment toward its core competencies. While the company is stepping away from this specific engineering niche, it remains heavily invested in aerospace logistics and its own aircraft manufacturing operations, which include the TBM and Kodiak aircraft families.
Focus on Logistics and Aircraft Manufacturing
Divesting the engineering unit is expected to allow Daher to concentrate capital on massive logistics and manufacturing scale-ups. In early 2026, Daher renewed and expanded a significant logistics contract with Airbus Atlantic. According to industry data, this contract runs from 2026 to 2031 and involves managing the West Hub in Montoir-de-Bretagne. Daher aims to triple logistics volumes at this site to support the production ramp-up of the Airbus A320, A330, and A350 programs.
Aggressive M&A and Financial Health
The proposed acquisition of Daher’s engineering unit is not an isolated event for Sopra Steria. The announcement follows closely on the heels of another strategic move. Industry research highlights that Sopra Steria recently entered exclusive negotiations to acquire Digital Product Simulation (DPS), a Paris-based digital engineering consulting firm.
DPS, which generated approximately €12 million in revenue in 2025, is being acquired through Sopra Steria’s subsidiary, CIMPA. Alongside these aggressive Mergers and Acquisitions activities, Sopra Steria recently announced a €40 million share buyback program. This follows a previous €150 million buyback concluded in January 2025, signaling strong financial health and a commitment to shareholder returns.
AirPro News analysis
We observe that IT and digital consulting firms like Sopra Steria are increasingly encroaching on traditional industrial engineering spaces. As the aerospace industry grapples with supply chain bottlenecks and ambitious production targets, digitizing and optimizing the factory floor has become a critical prerequisite for success. By acquiring established engineering units with deep-rooted OEM relationships, such as the 30-year partnership between Daher’s unit and Airbus, tech firms are effectively buying their way into the heart of the aerospace supply chain. This multi-pronged consolidation strategy, evidenced by the concurrent moves for Daher’s unit and DPS, suggests that the lines between digital IT consulting and physical manufacturing engineering will continue to blur.
Frequently Asked Questions
When is the acquisition expected to close?
According to the press release, the transaction is expected to be finalized in the second half of 2026, pending Regulations and employee consultations.
How large is the business being acquired?
Industry research indicates the Manufacturing Engineering business of Daher Industrial Services employs over 360 people and generated more than €42 million in revenue in 2025.
Why is Daher selling this unit?
Daher is divesting this unit to focus on its core competencies, specifically its massive aerospace logistics contracts and its own aircraft manufacturing operations (TBM and Kodiak).
Sources
Photo Credit: Sopra Steria
MRO & Manufacturing
Stratasys to Acquire Markforged for $42.5 Million Expanding 3D Printing Tech
Stratasys announces acquisition of Markforged for $42.5M to enhance aerospace and defense 3D printing capabilities, closing in late 2026.

This article is based on an official press release from Stratasys.
On May 27, 2026, Stratasys Ltd. announced a definitive agreement to acquire Markforged, Inc., a wholly owned subsidiary of Nano Dimension, in an all-cash transaction valued at $42.5 million. According to the company’s press release, the acquisitions is strategically designed to bolster Stratasys’s capabilities within the aerospace, defense, and industrial manufacturing sectors.
The deal will see Stratasys integrate Markforged’s advanced composite 3D printing technologies and its comprehensive software ecosystems. Included in the acquisition are Markforged’s polymer, composite, and metal extrusion portfolios, its proprietary Continuous Carbon Fiber (CCF) technology, and “The Digital Forge” software platform. Notably, Nano Dimension will retain Markforged’s Metal Binder Jetting product line.
Subject to customary closing conditions and regulatory approvals, the transaction is projected to close in the second half of 2026. This move marks a significant step in the ongoing consolidation of the additive manufacturing industry, leveraging Stratasys’s strong balance sheet to expand its technological footprint.
Strategic Expansion in Aerospace and Defense
According to the official announcement, Stratasys expects the integration of Markforged’s Continuous Carbon Fiber (CCF) technology to directly support high-requirement use cases in aerospace and defense. CCF technology enables manufacturers to produce parts that are significantly lighter and stronger than traditional Fused Filament Fabrication (FFF) alternatives. Stratasys highlighted that these capabilities are particularly suited for tooling, fixtures, ground support equipment, and select production parts.
Beyond hardware, the acquisition brings “The Digital Forge” into the Stratasys portfolio. This integrated software platform offers complementary capabilities, including advanced simulation, part management, and automated print optimization, which are critical for secure remote printing and rigorous part inspection in highly regulated industries.
Financial Synergies and Market Reach
Industry data indicates that Markforged generated approximately $70 million in revenue in 2025, a figure that includes the Metal Binder Jetting line being retained by Nano Dimension. Stratasys stated in its release that it expects the acquisition to be accretive to gross margins and to deliver meaningful cost synergies. The company projects a positive adjusted EBITDA contribution from the acquisition within the first year following the close of the transaction.
“This acquisition further advances our capabilities to meet customers’ growing needs in critical areas such as defense and aerospace at a time when additive manufacturing continues to displace traditional manufacturing for high requirement applications in production,” said Dr. Yoav Zeif, CEO of Stratasys, in the press release. “We believe that our teams can immediately reinvigorate revenue growth by adding Markforged, Inc.’s products and software systems as we leverage our leading partner networks.”
Industry Consolidation and Restructuring
For Nano Dimension, the divestiture serves primarily as a strategic cost-reduction measure. The company expects the sale to reduce its annualized cash burn by approximately $15 million through direct operating savings and indirect cost reductions. The transaction also highlights the steep valuation adjustments occurring within the 3D printing sector; Nano Dimension originally acquired Markforged in April 2025 for $116 million.
In a statement regarding the sale, Nano Dimension leadership emphasized that the move aligns with their broader corporate restructuring efforts.
“We are pleased to have reached an agreement with Stratasys that we believe positions MarkForged for continued growth and success under its ownership,” stated David Stehlin, CEO of Nano Dimension. “This transaction represents a deliberate step in advancing Nano Dimension’s three phase strategic plan and accelerating Phase 3 execution.”
AirPro News analysis
We observe a profound historic role reversal in this transaction. In 2023, Nano Dimension launched multiple unsolicited, hostile takeover bids to acquire Stratasys, all of which ultimately failed. Today, the negotiating power has entirely shifted. Stratasys recently reported holding $270 million in cash with zero outstanding debt, positioning it as a primary consolidator in the market. By contrast, Nano Dimension has been forced to aggressively divest and restructure, particularly following the July 2025 bankruptcy of Desktop Metal, another major acquisition it had made for $179.3 million.
Stratasys is clearly utilizing its robust balance sheet to capitalize on distressed valuations across the sector. Having recently acquired Nexa3D’s IP portfolio and remaining hardware assets, Stratasys is systematically absorbing complementary technologies at a fraction of their historical market premiums. We anticipate this trend of well-capitalized legacy players absorbing the assets of over-extended newer entrants will continue to define the additive manufacturing landscape through the end of the decade.
Frequently Asked Questions
How much is Stratasys paying for Markforged?
Stratasys is acquiring Markforged in an all-cash transaction valued at $42.5 million, subject to customary adjustments.
Are all Markforged assets included in the sale?
No. While Stratasys is acquiring the polymer, composite, and metal extrusion portfolios, as well as “The Digital Forge” software, Nano Dimension will retain Markforged’s Metal Binder Jetting product line.
When is the acquisition expected to close?
The deal is projected to close in the second half of 2026, pending regulatory approvals and customary closing conditions.
Why is Nano Dimension selling Markforged?
The sale is part of Nano Dimension’s strategic restructuring to reduce costs. The company expects the divestiture to reduce its annualized cash burn by approximately $15 million.
Sources
Photo Credit: Markforged
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