UAE to Build Aircraft Parts Factory

June 15, 2009
Factory already has deals to supply parts to EADS, Airbus, FACC, and Alenia Aeronautica

The investment arm of Abu Dhabi emirate, Mubadala Development Co, said on June 14 work will begin on June 29 to build a factory to produce composite parts for aircraft, to become operational in 2010.

Mubadala said that the project, called Strata, has already agreed deals to supply parts to manufacturers including Europe's EADS and Airbus, FACC of Austria and Italy's Finmeccanica subsidiary Alenia Aeronautica.

"Initial contracts valued at more than two billion dollars have already been agreed with these partners," the statement said.

Mubadala said the new factory would mainly produce light-weight composite wing parts for airbrakes, aelerons and fairings. Its planned opening is the third quarter of 2010.

It aimed to promote an aeronautic sector in Abu Dhabi, capital of the seven-member UAE federation and its richest member.

Ross Bradley, formerly chief executive of the Farnborough Aerospace Consortium in Britain, has been named Strata chairman.

Copyright Agence France-Presse, 2009

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!