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Strata Manufacturing PJSC, a composite aerostructures manufacturing facility, wholly owned by Mubadala Development Company, announces the signing of its first international outsourcing agreement that will subcontract its ATR vertical fin and rudder programs to GSE Industria Aeronautica srl in Italy.
This deal represents a significant milestone for Strata, whereby new capabilities will be developed in placing work packages in various geographic locations and managing a global value chain. It is also the first step towards expanding Strata’s capabilities beyond aerostructures composite manufacturing by forging new relationships with other aerostructure manufacturers from around the globe.The eight year contract, valued at approximately USD120 million, will include the delivery of 90 shipments per year to the final assembly line of the ATR aircraft in Toulouse, France. The first ATR rudder produced by GSE under this agreement is expected to be delivered in March of this year.This new phase of development requires a range of skilled resources from the aerospace industry and deep understanding in aerostructures manufacturing, as the new supplier is trained to meet the on-time delivery of products in accordance with the rigorous and high quality standards expected by the aerospace industry.This deal will also strengthen Strata’s global competitiveness, as the company provides comprehensive solutions and benefits by using low-cost suppliers able to manufacture less complicated parts or by co-locating manufacturing closer to its customer thereby lowering shipping costs and mitigating against risks associated with the movement of high value aircraft parts.GSE aerospace is an Italian private company located in Brindisi, Italy specialized in manufacturing engineering of structural aeronautic components, fabrication sheet metal parts and composite parts, plus the assembly of structures of aircraft and helicopters.An experienced team from Strata will be based in Italy and will include a diverse set of skilled professionals with project management, quality management and manufacturing engineering expertise.More information: www.mubadala.com