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Published on : Tuesday, November 19, 2013
As part of the agreement, Mubadala will supply US$2.5 billion (Dh9.18 billion) worth of advanced composites and machined metals to Boeing commercial programmes, which include the 787 and 777X.
The two companies will work together to develop pre-peg and carbon fibre manufacturing in Abu Dhabi, which will support the development of the aerostructures industry.
“Today’s agreement further strengthens our relationship with Boeing, and provides an important platform as we continue to develop our role as a significant supplier to Boeing of composite aerostructures, and develop Strata into a major Tier 1 industry supplier,” Humaid Al Shemmari, executive director of Mubadala Aerospace, Communications Technology and Defence Services (ACTDS), said.
Also, Strata Manufacturing, a Mubadala subsidiary, is positioned to be a supplier of the 787 Dreamliner vertical fin.
Meanwhile, ACTDS said on Monday that it has signed another agreement with European plane maker Airbus regarding aerostructures manufacturing.
Airbus too will procure composite raw material from Mubadala in the future, when productions begins from a proposed raw materials manufacturing facility to be established in Abu Dhabi.
Airbus will provide work packages to Strata, the company said.