Rolls-Royce enters into agreement with Mubadala Aerospace

19th Nov 2013 08:18

Rolls-Royce on Tuesday revealed that it has entered into a strategic framework agreement with Mubadala Aerospace, Communications Technology and Defense Services (ACTDS) to establish the Emirate of Abu Dhabi as a key member of Rolls-Royce's global network for maintenance and manufacturing activities. As part of the agreement, Rolls-Royce is supporting Mubadala to become established as an approved Trent XWB engine maintenance, repair and overhaul (MRO) provider within its global Engine MRO network and the first such facility in the Middle East region. The region is earmarked to have one of the highest concentrations of Trent XWB engines in the world in the coming decade, the group revealed. Rolls-Royce also said it has committed to helping establish, and become a founding member of, "the first advanced manufacturing research centre" in the region in support of Mubadala's goal to become a tier one aerospace industry supplier. The company further revealed plans to source engine components valued at up to $500m over a 10-year period from Mubadala once it has a manufacturing capability. Tony Wood, President of Aerospace at Rolls-Royce, said: "We are delighted to work with Mubadala to establish Abu Dhabi as a key aerospace hub for the support of Trent XWB engine maintenance, repair and overhaul and for component manufacturing. "This is an exciting opportunity which will significantly extend both our aerospace supply chain and aero engine support capabilities in the region."NR