Abu Dhabi: Strata manufacturing is poised for its next phase of growth under its new chief executive. Strata, the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company, on Saturday announced the appointment of Esmail Ali Abdullah as its new CEO.
He replaces Badr Al Olama who has been promoted to take the bigger role of head of aerospace sector in the newly formed Mubadala Investment Company, which began operations last week.
Abdullah is currently the Deputy CEO of Strata and has been focusing on to launch Strata 2.0 factory, a second manufacturing facility that will be established at Nibras Aerospace park in Al Ain with an emphasis on smart technologies and additive manufacturing. Billed as the “factory of the future”, Strata 2.0 is expected to have a final size of around 60,000 square metres once it becomes fully operational in 2020.
“Building on the strong platform of an emerging aerospace ecosystem in Al Ain, our deep relationship with the industry’s leading OEMs, a rich Emirati talent base, and an efficient supply chain at a local, regional and international level, Strata is ready for its next phase of growth,” stated the newly appointed Abdullah.
“Strata, as many have come to know, has played an important role in building a business, a sector, and an ecosystem for the city of Al Ain. The future resides on this strong foundation to drive Strata’s global competitiveness towards becoming one of the world’s leading aero-structure manufacturers,” added Al Olama.
New partnerships
He further said he was confident that Abdullah will drive the company towards greater achievements and successes over the next phase of the company’s growth.
During his tenure as CEO of Strata, Al Olama was instrumental to Strata’s growth in the aerospace industry. In just six years, Strata established new partnerships with industry leading Original Equipment Manufacturers (OEMs) and evolved into a global tier one supplier, according to a statement from Strata.
Throughout this period, Strata also grew its product lines from three products in 2012, to ten products by the end of 2016, signing significant contracts that exceeded $5 billion (Dh18.3 billion), including new work packages for highly complex parts, such as the horizontal stabilisers for the Airbus A320 and the vertical fins for the Boeing B787 Dreamliner aircraft.
