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.
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.