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COMPONENTS MANUFACTURE DEAL

Mubadala and Airbus officials at the signing ceremony.

Mubadala company wins $1bn Airbus contracts

FARNBOROUGH , July 13, 2016

Strata Manufacturing, a unit of Abu Dhabi investment firm Mubadala, said it has won two contracts with European planemaker Airbus with a combined value of over $1 billion to manufacture additional composite components and complete major assemblies for Airbus.

An advanced composite aero-structures manufacturing company, Strata would become a source for the Airbus A320 Horizontal Tail Plane (HTP) and A350-900 Inboard Flaps (IBF), it said at the Farnborough Airshow on Wednesday.

Commenting on the win, Strata CEO Badr Al Olama said: "We are proud of our longstanding partnership with Airbus, and are privileged to be manufacturing components on Airbus’ A330, A350 and A380 aircrafts."

"Looking ahead, and building on our latest contracts with Airbus signed today, we are confident in our ability to continue strengthening our competiveness, growing our national workforce and playing a key role in Abu Dhabi and Al Ain’s positioning as a global aerospace hub," stated Olama.

As part of the contract, Strata will manufacture Airbus A320 HTP, a primary part of the aerostructure that is located on the empennage of the aircraft. The purpose of the HTP is to provide stability and control, he stated.

"Strata will utilize cutting-edge automation and high rate production technology to ensure that delivery of the Horizontal Tail Plane is in line with the awarded share of the demand for the Airbus A320 family and the quality standards expected by Airbus," he added.

Additionally, Strata will manufacture Inboard Flaps (IBF) for the Airbus A350-900 wings that will extend over the life of Airbus’ most technologically advanced aircraft to date.

Inboard Flaps are mounted on the trailing edge of the wing to increase the surface of the wing during takeoff and landing, and improve stability during flight. Mimicking nature, the A350 XWB wings are fitted with unique high-lift devices adapting the wing shape during the flight for maximum aerodynamic efficiency.

The A350-900 is built with 53 per cent of light composite materials to help reduce fuel consumption and operating costs, improve passenger comfort and lower the environmental impact of air travel.

Strata will manufacture composite components, perform assembly of the components and manage its supply chain from its world-class facility in the Nibras Al Ain Aerospace Park, where it is expanding its capabilities to meet the growing demands of world-leading aircraft manufacturers.

From its inception in 2009, Strata has developed the capabilities to manufacture the latest generation aircraft parts to meet industry demands and is committed to play an integral role in the global aerospace industry that will contribute to growing a knowledge-based competitive economy in Abu Dhabi.-TradeArabia News Service




Tags: airbus | Mubadala | contracts |

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