Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing company wholly owned by Mubadala Development Company, has been awarded two contracts to manufacture additional composite components and completed major assemblies for Airbus. The combined deals, valued at more than US$1 billion, will see Strata become a source for Airbus A320 Horizontal Tail Plane (HTP) and A350-900 Inboard Flaps (IBF) in Abu Dhabi, UAE. Badr Al Olama, Chief Executive Officer, Strata said: “We are proud of our longstanding partnership with Airbus, and are privileged to be manufacturing components on Airbus’ A330, A350 and A380 aircrafts. Looking ahead, and building on our
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