Dubai – Mubasher: Strata Manufacturing, the wholly owned subsidiary of Mubadala Investment Company, signed a memorandum of understanding (MoU) with France’s Assistance Aéronautique et Aérospatiale (AAA).
Under the new MoU, both companies will collaborate in aircraft manufacturing support services and the enhancement of essential supply chain capabilities.
“We are keen to further investigate the possibility of utilising AAA’s expertise in industrialising work packages. We will also be looking for AAA’s support with specific technical resources to support our upcoming projects,” Ismail Ali Abdulla, Strata’s CEO, said in a statement.
"Through this agreement, reinforced by a common vision and shared values, AAA will put at the disposal of Strata its aeronautical services enabled by the 3,500 employees based around the world,” Gilles Chauby, AAA’s CEO, commented.
