Airbus and Mubadala Development Company today signed two agreements for the manufacture of aileron composite panels and the production of assembled aileron shipsets for the A330 / A340 aircraft series.

Airbus and Mubadala Development Company today signed two agreements for the manufacture of aileron composite panels and the production of assembled aileron shipsets for the A330 / A340 aircraft series.

• Composite panels:

  In 2011, STRATA will commence manufacture of carbon fiber panel skins of the aileron components and will be the global sole source provider for Airbus of these components.

• Assembled aileron shipsets:

  By mid 2012 STRATA will become dual source supplier for assembled aileron shipsets, alongside the Airbus plant in Nantes, France. STRATA will produce up to five shipsets of ailerons per month.

  In 2008 European Aerospace group EADS/Airbus, and Mubadala Aerospace, a division of Mubadala Development Company, signed a multi-faceted supplier agreement. The agreement sees EADS/Airbus extend its footprint in the Middle East in terms of suppliers and production capabilities and Mubadala advance its plans to establish Abu Dhabi as a global aerospace hub. The cooperation is expected to generate in excess of US$1 billion of revenue for Mubadala Aerospace over ten years.

  “Our 2008 agreement with the EADS and Airbus has been fundamental to developing several components of our aerospace strategy, not least helping us to develop STRATA composites manufacturing facility.” Said Homaid Al Shemmari, Associate Director of Mubadala Aerospace. “We are honoured to be producing this work package for Airbus, it exemplifies the Mubadala approach of forming partnerships to deliver mutual benefits.”