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Sovereign Wealth Funds Briefing - Categorized | Investment

Aircraft repair depot for Abu Dhabi

Posted on 24 February 2009

From Thenational.ae: Mubadala Development, an Abu Dhabi investment unit, will establish the region’s most advanced military aircraft maintenance centre in the emirate through a preliminary agreement signed with Sikorsky Aerospace Services at the IDEX military expo yesterday.

The deal is targeting a regional market of up to US$4 billion (Dh14.69bn) annually to service fixed-wing and rotorcraft operated by regional air forces, including fighter jets such as the F-16 and attack helicopters such as the Black Hawk….. Full Article: Source


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