Business

November 18, 2013

Boeing, Mubadala sign new agreement expanding UAE aerospace manufacturing

Boeing and Mubadala Development Company (Mubadala) announced Nov. 18 a new strategic agreement that will increase the long-term role of Mubadala as a Tier 1 supplier to Boeing.

Through their agreement, signed at the 2013 Dubai Airshow, Mubadala has the opportunity to supply as much as $2.5 billion in advanced composites and machined metals to Boeing commercial programs, including the 787 and 777X.

Boeing and Mubadala have also agreed to work together to develop pre-preg and carbon fiber manufacturing capabilities in the Emirate of Abu Dhabi. This will support the ongoing development of the aerostructures industry and create raw-materials capabilities in the United Arab Emirates.

This latest agreement advances the strong relationship between Boeing and Mubadala and reflects the UAE’s expanding role in aerospace industry manufacturing. As previously announced, Strata Manufacturing, a Mubadala subsidiary, is also positioned to be a supplier of the 787 Dreamliner vertical fin. Boeing and Mubadala remain committed to continue their close cooperation to develop Emirati aerospace capabilities.

“Boeing is pleased to expand our relationship with Mubadala, a company that is committed to creating globally competitive and strategic aerospace capabilities in the UAE,” said Ray Conner, Boeing Commercial Airplanes President and CEO. “We support our customers by leveraging the world’s talent and resources in ways that build a more capable, competitive supply chain for our products.”

Homaid Al Shemmari, Executive Director of Mubadala Aerospace, Communications Technology & Defense Services, said, “Today’s agreement further strengthens our relationship with Boeing, and provides an important platform as we continue to develop our role as a significant supplier to Boeing of composite aerostructures, and develop Strata into a major Tier 1 industry supplier.”

At the 2009 Dubai Airshow, Boeing and Mubadala signed a Strategic Framework Agreement to develop mutually beneficial initiatives in areas of strategic mutual alignment, including composites manufacturing and people development. At the 2011 Dubai Airshow, the companies announced that Strata Manufacturing would supply composite aerostructures to Boeing and defined a strategic roadmap whereby, through performance and competitiveness, Strata would become a Tier 1 supplier to Boeing. In 2012, Boeing and Mubadala announced that Strata would produce 777 empennage ribs and 787 vertical fin ribs and was positioned to build the vertical fin for the Dreamliner.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines May 27, 2015

News: U.S. Air Force certifies SpaceX for military launches - SpaceX has been certified for military space launch, the U.S. Air Force announced May 26. The long-awaited announcement is a game changer, with SpaceX becoming only the second provider cleared by the service to launch national security payloads into orbit.   Business: Northrop Grumman CEO issues...
 
 

New’s Briefs May 27, 2015

U.S. military begins search flights for stranded Rohingya The United States has begun military surveillance flights to help locate stranded Rohingya and Bangladeshi boat people in Southeast Asian seas. State Department spokesman Jeff Rathke said May 26 that U.S. Navy P8 aircraft flew over the weekend with Malaysian support. Rathke said the U.S. has offered...
 
 
nasa-commercial-crew

Commercial Crew milestones met; partners on track for 2017 missions

NASA has taken another step toward returning America’s ability to launch crew missions to the International Space Station from the United States in 2017. The Commercial Crew Program ordered its first crew rotation mission fro...
 

 
af-spacex

Air Force certifies SpaceX for national security space missions

Lt. Gen. Samuel Greaves, commander of the Air Force Space and Missile Systems Center and Air Force program executive officer for space, has announced the certification of Space Exploration Technologies Corporation’s Falco...
 
 

Northrop Grumman passes key design review for B-2 weapons management upgrade

Northrop Grumman has successfully demonstrated to the U.S. Air Force that its plans to upgrade key weapons management software for the B-2 stealth bomber are on track and ready to proceed to the next level of development. The company successfully completed the critical design review of the service’s Flexible Strike Phase 1 program on Feb...
 
 
boeing-space

Boeing awarded first-ever commercial human spaceflight mission

NASA issued a task order as part of Boeing’s $4.2 billion Commercial Crew Transportation Capability contract recently to include the company’s first-ever service flight to the International Space Station. The award ...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>