Strata and Aciturri in supply chain collaboration

The MoU was signed at the first Global Manufacturing and Industrialization Summit (GMIS), Abu Dhabi, by Strata’s CEO Badr Al-Olama and Aciturri’s CEO Ginés Clemente Ortiz.

Strata says the partnership will explore work transfer opportunities and the sub-contracting of existing work packages that align with each company’s vision based on current business capabilities and technology roadmaps. 

Al Olama said the MoU would “unlock and deliver ideas between the two companies for new technologies and R&D services that will drive value for all.”

“The collaboration also has the promise to expand our production line capacity that will help us support the work package orders that have already been placed by Strata’s global manufacturer partner network for the delivery of more complex and larger scale aero structures.” 

Ortiz said the challenges posed by the globalised aerospace industry require collaboration agreements between firms with a universal strategy.  

He added: “The MoU signed today contains a commitment from Strata and Aciturri to provide new ways for managing aerostructure and manufacturing industry projects. This would encompass the entire value chain and optimise our combined resources to enhance our technological capacities and boost our competitiveness level.”

The potential partnership will also explore the viability of fresh commercial capabilities and the possible establishment of a new overseas facility.