(MENAFN) Mubadala Development has made an agreement with a leading American producer of carbon fiber materials for planes to develop its expertise in aerospace manufacturing, according to the National AE.
Mubadala, an Abu Dhabi-based investment and development company, revealed the agreement with Cytec Industries on Tuesday.
Homaid Al Shemmari, the executive director of Mubadala Aerospace, Communications Technology and Defence Services, said: "This collaboration with Cytec will contribute positively to Mubadala"s efforts in creating a complete aerospace supply chain in Abu Dhabi as we remain focused on becoming a leading industry partner in the development of next generation commercial aircraft."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.