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Abu Dhabi’s Mubadala Aerospace wins Boeing deal
April 17, 2012, Dubai, U.A.E. - An Abu Dhabi state company says it has signed a deal with Boeing to build carbon composite components of the planemaker's 777 and 787 jetliners, strengthening the Gulf emirate's push to become an aerospace hub.
April 17, 2012 By Carey Fredericks
The 10-year deal with Mubadala Aerospace announced on Tuesday initially calls for the company's Strata Manufacturing division to build ribs that support the two aircraft models' frames at a plant in the city of Al Ain.
The work could be expanded to the more complicated production of vertical fin assemblies for the 787, Boeing's much-hyped carbon fiber jet.
Chicago-based Boeing says the deal is its first composites supply deal with the Arab world. The deal's financial details were not disclosed.