The two companies sign a five-year supplier contract
Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly owned by Mubadala Investment Company, has signed a contract with Grupo Aeronáutico Zona Centro (GAZC) at the recently concluded Dubai Airshow 2019 to establish a competitive and lean supply chain network.
Under the five-year agreement, GAZC, the leading Spanish manufacturer of machined detail parts for major OEMs and aerospace industry heavyweights, will be Strata’s strategic supplier of fixed metallic ‘computer numerical control’ (CNC) machined detail aircraft parts until 2025.
Strata will receive its first GAZC shipment at its Nibras Al Ain Aerospace Park production facility later this year.
“Building strategic relationships to leverage the very specific expertise of well-established players across the global supply chain of aero-structure components and establishing Strata’s own supply network are key factors in Strata’s immediate and long-term strategy,” observed Ismail Ali Abdulla, CEO, Strata.
Strata’s alignment with GAZC represents the UAE manufacturing pioneer’s latest initiative in outsourcing sub-tier business functions, specifically best-cost procurement partnerships for aircraft parts that are vital elements of Strata-manufactured composite aero-structure components.
“This agreement enables us to further build our business relationship and provides us a firm foundation for future collaboration essential in order to meet the growing needs and expectations of a high regulated aerospace sector,” commented Alfonso Delgado Recio, CEO, GAZC.
Strata works with leading aircraft manufacturers, including Airbus, Boeing, Leonardo (Italy), and Pilatus (Switzerland). Based at Nibras Al Ain Aerospace Park, Strata supports the development of a leading aerospace hub in Abu Dhabi as part of the emirate’s economic diversification initiatives.
