The agreements announced during the Dubai Airshow by Mubadala Aerospace, Communications Technology and Defense Services (ACTDS) with Airbus, Boeing, GE, Rolls Royce and the UAE Armed Forces, support Mubadala’s goal of becoming a diversified global tier 1 aerospace supplier, acting as direct suppliers for the global Original Equipment Manufacturers (OEMs), with a focus on aerostructures, engines and related components, as well as being the strategic partner of choice to the UAE armed forces in defense services.
These agreements include commitments and partnerships, that:
These agreements enable Mubadala to accelerate the wider development of the aerospace and air-related defense industry in Abu Dhabi, generating opportunities across the industry supply chain for local companies and showcasing the Emirate as an attractive aerospace hub, with geographical, operational and financial benefits for the major industry players. This will contribute to the establishment of a new major aerospace cluster located in the Emirate of Abu Dhabi, at the Nibras Al Ain Aerospace Park.
Mubadala CEO and Managing Director, Khaldoon Khalifa Al Mubarak, commented: “The announcements we’ve made this week in conjunction with our partners are great news and another major step forward in our efforts to create a global aerospace platform. We are delighted to build on our partnerships with the UAE Armed Forces, Airbus, Boeing, GE and Rolls Royce, which form the cornerstones of our strategy to further develop Abu Dhabi as an aerospace hub.”