Mubadala Development Company signed cooperation agreements with both Boeing and Airbus at the Dubai air show.

With Boeing, it announced a new strategic agreement that will provide it with the opportunity to supply as much as $2.5 billion in advanced composites and machined metals for Boeing commercial aircraft programs, including the 787 and 777X, as a Tier 1 supplier.

The companies have also agreed to work together to develop pre-preg and carbon fiber manufacturing capabilities in Abu Dhabi to support development of an aerostructures industry and create raw-materials capabilities in the United Arab Emirates

As previously announced in 2012, Strata Manufacturing, a Mubadala subsidiary, was selected to produce 777 empennage ribs and 787 vertical fin ribs, and is positioned to build the vertical fin for the Dreamliner.

With Airbus, it secured new strategic agreement for further work package commitments for Strata.

This agreement builds upon the ones already signed by Strata to provide flap track fairings for the A330, A340, A350 XWB and A380. In February 2013, the first four fully assembled A330 ailerons to be put together by Strata Manufacturing in Al Ain were delivered to Airbus’s factory in Bremen, Germany, and fitted on an Etihad Airlines aircraft.

Airbus has also made future commitments to procure composite raw material from Mubadala, upon commencement of production from a proposed raw materials manufacturing facility to be established in Abu Dhabi.

Homaid Al Shemmari, Executive Director of Mubadala ACTDS, said, “We are pleased to strengthen our relationship with Airbus and Boeing, which reflects Mubadala’s clear commitment to invest in and support the continued development and growth of the aerospace sector, in the UAE and globally.”