Boeing & Mubadala Aerospace in New Strategic Agreements

16.11.2011 UAE
Boeing & Mubadala Aerospace in New Strategic Agreements

Boeing & Mubadala Aerospace in New Strategic Agreements

Facebook icon
Twitter icon
LinkedIn icon
Google icon
e-mail icon
Boeing and Mubadala Aerospace, a business unit of the Abu Dhabi-based Mubadala Development Company, a business development and investment vehicle of the Abu Dhabi government, announced agreements to advance the commercial and military aviation industry in the United Arab Emirates (UAE).

 

These milestones further Abu Dhabi’s plans to become a global aerospace hub, a key part of the Emirate’s economic diversification plans, and grow the strong relationship between the two companies.  

The commercial and defense agreements announced at the ongoing Dubai Airshow build on a framework agreement Boeing and Mubadala Aerospace signed in November 2009 to show their commitment to develop mutually beneficial initiatives in areas where there is strategic alignment between the two companies.

Future partnership initiatives could include additional manufacturing, military maintenance and sustainment activities, as well as people development and training.

“These strategic agreements represent the natural evolution of the longstanding military and commercial aerospace collaboration between Boeing and the UAE,” said Mubadala Aerospace Executive Director Homaid Al Shemmari.

“Mubadala Aerospace is proud to expand this partnership with Boeing and feel that this agreement shows confidence in the outstanding results that Strata Manufacturing and AMMROC offer for its customers and partners,” he added,

Jim McNerney, Chairman, President and CEO of The Boeing Company, said: “These important agreements will strengthen the businesses of both Mubadala and Boeing. Building on the strategic framework we and Mubadala announced at the last Dubai Airshow, we are now demonstrating our solid commitment to our partner, the UAE and the Middle East region. These agreements are a reflection of Mubadala’s outstanding capabilities and pave the way for an ever stronger relationship in the years to come.”

Strata and Boeing Commercial AirplanesBoeing Commercial Airplanes (BCA) and Strata Manufacturing (Strata), Mubadala Aerospace’s advanced composite aerostructures facility in Al Ain, agreed to establish Strata as a composite aerostructures supplier to Boeing.  The agreement also defines a strategic roadmap whereby through performance and competitiveness, Strata stands to become a major Tier 1 supplier to Boeing.

“We see Mubadala Aerospace as a true partner who shares our goal of building tomorrow’s airplanes today,” said Boeing Commercial Airplanes President and CEO Jim Albaugh.

AMMROC and Boeing Defense, Space & SecurityThe Advanced Military Maintenance Repair and Overhaul Center (AMMROC), a Mubadala Aerospace company, announced that it is working in partnership under a strategic agreement with Boeing Defense, Space & Security to provide support to military aviation platforms in the UAE.  

Under the strategic agreement, AMMROC and Boeing are working together to ensure the right support infrastructure is in place for the operational readiness of UAE Armed Forces aircraft including Boeing-built Apaches, Chinooks and C-17s in its fleet.

Efforts by a joint AMMROC and Boeing team are well underway to propose life-cycle sustainment solutions for the current suite of Boeing platforms operated by the UAE Armed Forces. The team is also identifying additional capabilities that need to be established within AMMROC to deliver these services. AMMROC and Boeing expect that much of this capability will be established at AMMROC's planned Al Ain facility.

 



 
 

Latest events

Latest Issues

 

THE WORLD DEFENSE ALMANAC 2024