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Image courtesy: WAM

Strata, Italian firm partner in aerospace sector

ABU DHABI, May 3, 2018

Strata Manufacturing, the advanced composite aerostructures manufacturing company wholly owned by Mubadala Investment Company, has signed a Cooperation Agreement (CA) with Dema SpA, an Italian aerospace company headquartered in Naples.

The agreement, signed by CEO of Strata Ismail Ali Abdulla and CEO of Dema SpA Vincenzo Starace, will enable the two companies to create a roadmap that will enable them to transfer knowledge and exchange manufacturing services, which is in line with Strata’s strategy towards expanding its supply chain footprint in the global aerospace industry, reported Emirates news agency Wam.

Ali Abdulla said: "The aerospace sector is considered one of the most complex and globalised sectors in the world. Establishing partnerships and forming robust relationships with prominent companies in the industry plays an integral role in the solidification of our supply chain system and our next stage of growth."

He continued, "We are eager to grow our business with Dema SpA and we will look to explore other opportunities that align with our strategy."

Starace said: "Dema is very excited to formalise this Cooperation Agreement with Strata, who have grown to be an extremely important player in the aerospace supply sector. The collaboration agreement will allow both companies to grow together, and leverage each other’s strengths to provide the best possible service to our customers on new and future programmes."

Dema is a Tier One partner and supplier for the aerospace industry with skills in Engineering, Industrialisation and Manufacturing. It has significant experience across a wide range of complex and highly engineered aerostructures on a number of the key global passenger and defence programmes for key industrial players such as Leonardo, Boeing, Bombardier and Pratt & Whitney Canada. These aerostructures include sections of the aircraft fuselage, passenger and pilot floor, canopy, tail cone, engine acoustic panel, ramp, cargo door, gearbox, horizontal and vertical stabiliser.

Strata is a composite aerostructures manufacturing facility based in the heart of Nibras Al Ain Aerospace Park. Strata has partnerships with the world’s leading aircraft manufacturers such as Airbus, Boeing and Leonardo-Finmeccanica Aero-structures Division, and is also a Tier one supplier to FACC AG, SAAB and S.A.B.C.A. The company aims to play a significant role in Abu Dhabi’s Economic Vision 2030 through the development of an aerospace industry in Abu Dhabi.




Tags: Mubadala | Strata |

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