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EPI to supply machined metallic components

ABU DHABI - Emirates Precision Industries (EPI), a subsidiary of Tawazun Holding Company of the Offset Program Bureau and Airbus, an EADS Company, announced that they have signed an agreement to allow EPI to start to supply Airbus with machined metallic components for all Airbus programmes.

This agreement is the first of its kind with a company in the UAE for the supply of metallic components.

Commenting on this qualitative national success, His Excellency Saif Mohammed Al Hajeri, CEO of Tawazen Holding Company, said:” We

are delighted and excited at reaching an understanding this Airbus and look forward to beginning o supply Airbus with a wide range of components”.

“The partnership of the EPI with Airbus underlines that our national industries are eliciting increasing interest from the major world aircraft

Manufacturers,’ he said, adding that “It’s a historic moment to see our national products foraying into large international markets for civilian and military aircrafts.”

Moatesm Awda, the Chief Executive Officer of EPI, lauded the agreement as an important milestone in the history of EPI, saying it would provide an additional enthusiasm and catalyst to expand into international markets.

He further explained the Airbus experts have reviewed EPI’s capabilities and acknowledged that the EPI is capable of manufacturing its products in conformity with the highest international best practices and standards for the best service of the aviation industries.

“A new novel marketing plan targeting international markets of parts and components of structures of civilian and military aircrafts will be announced shortly,” Awda disclosed. “We will set the stage for the Maintenance, Repair and Overhaul (MRO) operators after we will achieve success internationally,’ he said.

“We are on the process to undertake an ambitious expansion plan to triple our current production capacity in the next four years,’ he added.

He affirmed that the EPI has the self-sustained capabilities to satisfy demands of the local market from main spare parts and create the required infrastructure for advanced industries. The EPI acquires the latest specialised engineering technology that enables it to compete with its European peers, Awda concluded.

Dr. Lee London, Director of International Cooperation at Airbus, said “We are proud to have reached this landmark agreement with EPI and it reflects not only Airbus’ commitment to EPI by the UAE as a whole.