Strata and PCT sign Dh16.5m agreement

Strata Manufacturing, the advanced composite aerostructures manufacturing facility wholly-owned by Mubadala Development Company, on Saturday announced the signing of a 10-year, Dh16.5 million agreement with UAE-based Premier Composite Technologies, or PCT.

The agreement sees Strata outsourcing a central function in the treatment of composite materials for the production of A380 flap track fairings to PCT. Through this deal, Strata benefits from time and effort spent on the processing of these materials.

Compiled from staff reports