Strata to deliver first A330neo Shipsets for Airbus
Strata Manufacturing PJSC (Strata), wholly owned by Mubadala Development Company, has completed the First Article Inspection (FAI) of Aileron and Flap Track Fairing (FTF) shipsets for the Airbus A330neo.
In 2015, Strata was awarded the sole supplier contract to provide ailerons to Airbus for the A330 and A330neo. The contract, named Strata as the single source supplier of ailerons to Airbus for its A330 family of aircraft. The successful delivery of the first Aileron and FTF for the A330neo were completed ahead of schedule, and was a significant achievement.
Ismail Ali Abdulla, deputy CEO, Strata Manufacturing said: ““This year has proven to be significant for Strata. Following the additional deals announced at the Farnborough International Airshow last month, we are delighted to announce the delivery of the shipsets to Airbus. We continue to focus on growing our customers confidence in Strata’s capability to strengthen our position in the global aerospace industry - continuously delivering high-quality components in challenging timeframes. ”
The Strata Aileron program accounted for 26% of the company’s total revenue by the end of the second quarter this year, which reached $52.2 million compared to $39.2 million during the second quarter last year. This latest achievement is in line with Strata’s vision to become one of the top composite aerostructures manufacturing companies in the world.