Tawazun Economic Council and Swiss-based Pilatus Aircraft Ltd have entered into an offset agreement under which, Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, will add a further three composite work packages for the PC-24 aircraft models by the beginning of 2021.
The agreement was signed by Matar Ali Al Romaithi, Tawazun’s chief economic development officer, Ismail Ali Abdullah, CEO of Strata Manufacturing, and Johan van Nieuwenhuizen, director of industrial participation of Pilatus.
Under the agreement, and over a period of seven years, Pilatus will award Strata three additional work packages for the PC-24 – the world’s first Super Versatile Jet: two for autoclave manufacturing, of pylon fairings, bullet fairings and tail cones, and one, for the first time in the UAE, to manufacture aerospace class hot press composite parts. The agreement is a fulfilment of the Tawazun Economic Program’s obligation that aims to generate high economic value and create social and strategic benefits to the UAE.
Commenting on the agreement, Matar Al Romaithi, Tawazun chief economic development officer said: “This agreement demonstrates Tawazun’s continued efforts and commitment to providing innovative solutions and creating economic development and commercial value for all companies involved in procurement programs. We are supporting the interests of all parties as well as the development of the wider industry in the UAE, as guided by our wise leadership.
Al Romaithi added: “In addition to solidifying the UAE’s leading position in the aviation industry, Tawazun’s goal is to continue to contribute to the diversification of the national economy by integrating local suppliers into global supply chains, and aiding the UAE in becoming more competitive as we focus on and attract innovation and technology.”
“The extended agreement marks the next step in a long-term partnership aimed at delivering further high quality composite work packages for Pilatus in the UAE,” said Ismail Ali Abdulla, CEO of Strata.
“Pilatus is a key customer of our global partner network and the expanded agreement highlights Strata’s advanced technological capabilities in the global aerospace supply chain – including our ‘Made with Pride in the UAE’ components. It also highlights the confidence Pilatus has in Strata’s manufacturing abilities and excellent delivery record, which we have continued to exceed year-on-year during our 10-year history of pioneering the UAE’s aero structures manufacturing sector.”