Strata, Spain’s GAZC sign contract

Strata Manufacturing, the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company, has signed a contract with Grupo Aeronáutico Zona Centro (GAZC) at Dubai Airshow, to establish a competitive and lean supply chain network.

Under the five-year agreement, GAZC, the leading Spanish manufacturer of machined detail parts for major OEMs and aerospace industry heavyweights, will be Strata’s strategic supplier of fixed metallic ‘computer numerical control’ (CNC) machined detail aircraft parts until 2025. Strata will receive its first GAZC shipment at its Nibras Al Ain Aerospace Park production facility later this year.

“Building strategic relationships to leverage the very specific expertise of well-established players across the global supply chain of aero-structure components and establishing Strata’s own supply network are key factors in Strata’s immediate and long-term strategy,” said Ismail Ali Abdulla, CEO of Strata.

“GAZC is renowned as a globally-recognised expert in manufacturing metallic CNC machined detail aircraft parts of the highest levels of precision and customisation. Securing their place in Strata’s next phase of growth marks an important highlight in our journey and ensures we will continue to service our global customers competitively and on-time delivery,” added Abdulla.

Strata’s alignment with GAZC represents the UAE manufacturing pioneer’s latest initiative in outsourcing sub-tier business functions, specifically best-cost procurement partnerships for aircraft parts that are vital elements of Strata-manufactured composite aero-structure components.

“We thank Strata for their consideration and for trusting GAZC in its future development strategy. This agreement represents the consolidation of a common vision between Strata and GAZC, it enables us to further build our business relationship,” said Alfonso Delgado Recio, CEO of GAZC.

WAM