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FINANCIAL NEWS
Mubadala firm gains USD1bn Airbus contracts
14 Jul 2016
(MENAFN) Abu Dhabi’s investment firm Mubadala proclaimed that it has won two deals with European plane maker ‘Airbus’ with a joined value of more than USD1bn.
Additionally, the deal will manufacture additional composite components and complete major assemblies for Airbus.
Accordingly, the firm will continue enhancing its competiveness, growing its national workforce and playing a key role in Abu Dhabi.
The company will produce Airbus A320 HTP, a primary of the aero structure that is located on the empennage of the aircraft.
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