Strata Manufacturing wins Airbus contracts worth USD1bn
Components manufacturer Strata, owned by Abu Dhabi investment firm Mubadala, has won two contracts with European planemaker Airbus with a combined value of more than USD1bn, it said at the Farnborough Airshow on Wednesday. Strata Manufacturing, said it would become a source for the Airbus A320 Horizontal Tail Plane (HTP) and A350-900 Inboard Flaps (IBF). (Reuters)
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