Strata announces Airbus, Boeing contracts
Strata Manufacturing PJSC, the advanced composite aero-structures manufacturing company wholly owned by Mubadala Development Company, announced that it has been awarded two contracts to manufacture additional composite components and completed major assemblies for Airbus.
The combined deals, valued at more than $1 billion, will see Strata become a source for the Airbus A320 Horizontal Tail Plane (HTP) and A350-900 Inboard Flaps (IBF) in Abu Dhabi, UAE.
Strata will manufacture composite components, perform assembly of the components and manage its supply chain from its facility in the Nibras Al Ain Aerospace Park, where it is expanding its capabilities to meet the growing demands of aircraft manufacturers.
Strata also announced a multi-year contract from Boeing to manufacture vertical fins for the 787 Dreamliner family. Strata is already Boeing’s first direct composites supplier in the Arab world and is currently delivering 777 empennage ribs and 787 vertical fin ribs.
Boeing and Mubadala signed a strategic agreement at the 2013 Dubai Airshow, giving Mubadala the opportunity to supply up $2.5 billion in advanced composites and machined metals to Boeing commercial programmes.
Boeing and Mubadala have also agreed to work together to develop pre-preg and carbon fibre manufacturing capabilities in Abu Dhabi.