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Story Box-ID: 190823

Airbus Group Willy-Messerschmitt-Straße 81663 München, Germany http://www.airbusgroup.com
Contact Pierre Bayle +33 1 42 24 20 63
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Airbus Group

EADS welcomes Mubadala to its base of global suppliers

Major facilities to be operational in Abu Dhabi by 2010

(PresseBox) (Farnborough, )
European Aerospace group EADS and Mubadala Aerospace, a division of Mubadala Development Company of the United Arab Emirates, have signed a multi-faceted supplier agreement. The partnership will allow EADS to extend its footprint in the Middle East in terms of suppliers and production capabilities. For Mubadala the agreement is an important step in the company's commercial strategy to rapidly evolve the Emirate of Abu Dhabi's existing aerospace industry into a global aerospace hub. The cooperation is expected to generate in excess of US$1 billion of revenue for Mubadala Aerospace over ten years. The agreement was signed on Monday at Farnborough Irkdzeq.

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