Dubai Airshow 2021 Advisory Board convenes for the first time
DUBAI, 3 hours, 52 minutes ago Dubai Airshow, in collaboration with the Defence Services Marketing Council (DSMC), held the first meeting of its Advisory Board for 2021 and discussed future strategies that will drive growth for the aerospace sector. The goal of the Board of Advisors is to help shape the 2021 program and agenda for the Dubai Airshow, in order to elevate the event to a new level of success. After an unprecedented time of global economic downturn and grounding of the global aerospace sector, the Dubai Airshow aims to be the restart and leader in shaping the industry’s future. The Advisory Board and its industry network is key to supporting and achieving this direction and goal.
- April 5, 2021, 12:14 PM
Strata Manufacturer is helping build on the UAE manufacturing base with an expanded agreement from Pilatus for PC-24 component work (Photo: Strata Manufacturing)
Mubadala Investment Company-owned Strata Manufacturing is expanding its components work under a new agreement covering pylon fairings, bullet fairings, tail cones, and other parts for the Pilatus PC-24. Negotiated through the Tawazun Economic Council, Strata, and Pilatus Aircraft, the “offset agreement” extends seven years and includes the use of autoclave manufacturing for the aforementioned components. The agreement further calls for hot-press composite parts, which Strata said marks a first for UAE aerospace manufacturing.
“The extended agreement marks the next step in a long-term partnership aimed at delivering further high-quality composite work packages for Pilatus in the UAE,” said Strata CEO Ismail Ali Abdulla. “It also highlights the confidence Pilatus has in Strata’s ma
Tawazun approves major offset programme, Strata to supply aircraft components to Pilatus Aircraft Ltd
ABU DHABI, 4th April, 2021 (WAM) Tawazun Economic Council and Swiss-based Pilatus Aircraft Ltd have entered into an offset agreement under which, Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, will add a further three composite work packages for the PC-24 aircraft models by the beginning of 2021.
The agreement was signed by Matar Ali Al Romaithi, Tawazun’s Chief Economic Development Officer, Ismail Ali Abdullah, CEO of Strata Manufacturing, and Johan van Nieuwenhuizen, Director of Industrial Participation of Pilatus.
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Strata, Mubadala Investment Company’s aerospace manufacturing unit, won three new work packages from Swiss plane maker Pilatus Aircraft.
Under an offset agreement between Tawazun Economic Council and Pilatus, Al Ain-based Strata will supply aircraft parts for existing customer Pilatus s PC-24 business jet from the beginning of 2021 for a period of seven years, Tawazun said in a statement on Sunday. The extended agreement marks the next step in a long-term partnership aimed at delivering further high quality composite work packages for Pilatus in the UAE,” Ismail Ali Abdulla, chief executive of Strata, said.
The deal concludes Strata s advanced talks more than a year ago with Pilatus for further work packages on its twin-aisle PC-24, in addition to an existing contract to make the jet s belly fairings. Strata s deal comes amid a push by the UAE to develop its manufacturing capabilities, most recently with a plan to more than double the contribution of the industrial
Dr Al Jaber said the UAE s industrial sector provided an advanced infrastructure and a flexible legislative framework to the defence sector, supporting innovation and increased productivity.
He said the ministry seeks to establish a framework for the sustainable development of the industrial sector, reduce its reliance on imports, and build an integrated national industry ecosystem based on the adoption of advanced technology and Fourth Industrial Revolution solutions . We aspire to keep pace with global advancements and highlight the UAE’s competitive advantages to attract foreign direct investment.”
Defence is an integral part of the UAE s economic diversification strategy. The UAE Armed Forces signed deals worth $5.7 billion at Idex, Abu Dhabi s biennial international defence exhibition, in February. Out of 86 deals signed by the UAE Armed Forces, 53 of them, worth $2.9bn, were signed with local defence companies.