Abu Dhabi’s Mubadala Aerospace will begin manufacturing Airbus parts at its new facility by Q4 2010.
Executive director Homaid al-Shemmari told Reuters that Mubadala will receive the first phase of Strata, a composites aerostructures manufacturing facility, in mid-August 2010.
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“We are on target by the beginning of the fourth-quarter to produce the first article to be delivered to Airbus,” al-Shemmari said.
The facility will manufacture flap-track fairings for A330s and A340s.
Mubadala intends to invest $500m up to 2015 for the three phases of Strata that will begin by producing components such as spoilers and flap-track fairings and eventually develop primary aircraft structures.
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