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| [November 14, 2011] |
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AMMROC selected as maintenance service provider for the UAE Armed Forces GHQ
ABU DHABI, United Arab Emirates --(Business Wire)--
AMMROC (Advanced Military Maintenance, Repair and Overhaul Center)
(AMMROC), owned by Mubadala Aerospace, Sikorsky Aircraft Corporation and
Lockheed Martin (News - Alert) Corporation, today announced it has entered into an
agreement to provide maintenance services for fixed and rotary aircraft
for the General Headquarters (GHQ) of the United Arab Emirates (UAE)
Armed Forces.
This renewable agreement is for an initial period of 2 years, after
which time the GHQ anticipates entering into a Performance Based
Logistics (PBL) arrangement with AMMROC - a paradigm shift for supplying
military aviation Maintenance, Repair and Overhaul (MRO) services in the
UAE - facilitating efficiency improvements in delivering such services.
This agreement will enable the UAE Armed Forces to remain focussed on
the operation of their aircraft, while AMMROC will provide maintenance
and repair services, streamlining various processes and optimizing
manpower for the UAE Armed Forces. This also reinforces AMMROC's vision
to operate a world class facility providing a self-sustaining, and
commercially viable platform for the UAE Armed Forces.
Fahed Al Shamesi, CEO of AMMROC, said: "Being selected as the
maintenance service provider by the GHQ is a significant milestone for
AMMROC, demonstrating the outstanding progress that has been made by the
company in a very short space of time. It illustrates the level of trust
that we have built with our most important customer and the ongoing
commitment from our shareholders to build this capability for the
benefit of the UAE."
Launched in July 2010, AMMROC is a joint venture company owned by
Mubadala Aerospace, Sikorsky Aerospace Services, the aftermarket
business of Sikorsky Aircraft Corporation and Lockheed Martin
Corporation. AMMROC is headquartered in the Emirate of Abu Dhabi,
capital of the United Arab Emirates.
With the combined strength of the partners and an aggregate investment
that exceeds US$800 million, AMMROC draws on decades of experience and
expertise in aerospace engineering, material support, logistics,
maintenance, component repair, overhaul and training, to deliver a fully
integrated MRO support program by a single provider.
As a center of excellence, AMMROC's objective is to provide innovative
platform solutions for all fixed and rotary-wing aircraft operated by
the UAE Armed Forces, to ensure guaranteed aircraft readiness,
deployability, improved safety and self reliance, thus enabling
operational, humanitarian and peace keeping missions.
AMMROC is currently based at Abu Dhabi International Airport until the
completion of its new complex at Al Ain International Airport. The
center is expected to create an additional 2,500 new jobs in the UAE,
focusing on the development of UAE Nationals. It will also maintain an
on-site presence at those UAE Armed Forces bases associated with onging
maintenance support contracts.
About AMMROC:
Advanced Military Maintenance, Repair and Overhaul Center (AMMROC) is a
dedicated military Maintenance, Repair and Overhaul (MRO) center of
excellence formed to deliver a wide range of aircraft maintenance and
support services to the United Arab Emirates (UAE) Armed Forces and
other military operators throughout the South Asia, Middle East and
North Africa region.
AMMROC is a joint venture company owned Mubadala Aerospace, Sikorsky
Aircraft Corporation, and Lockheed Martin Corporation. AMMROC is
headquartered in the Emirate of Abu Dhabi, capital of the United Arab
Emirates.
AMMROC combines the experience and expertise of Mubadala Aerospace,
Sikorsky and Lockheed Martin to deliver best practices in military
aviation MRO alongside the highest levels of aircraft readiness,
deployability, and safety.
About Lockheed Martin:
Lockheed Martin Aeronautics, headquartered in Fort Worth, Texas, is
engaged in the design, research and development, systems integration,
production, sustainment, support and upgrade of advanced military
aircraft, including combat air vehicles and related technologies. Its
customers include the military services and various government agencies
of the United States and allied countries around the world.
Headquartered in Bethesda, Md., Lockheed Martin Corporation is a global
security company that employs about 133,000 people worldwide and is
principally engaged in the research, design, development, manufacture,
integration and sustainment of advanced technology systems, products and
services. The Corporation's 2009 sales from continuing operations were
$44.0bn.
About Sikorsky Aerospace Services:
Sikorsky Aerospace Services provides comprehensive support for rotary
and fixed wing aircraft around the world. It offers its military and
commercial customers a full portfolio of support services. Sikorsky
Aircraft Corp., based in Stratford, Connecticut, USA, is a world leader
in helicopter design, manufacture and service. The company's mission
statement reflects its long commitment to safety and innovation: "We
pioneer flight solutions that bring people home everywhere ... every
time."
Sikorsky is a subsidiary of United Technologies Corp., based in
Hartford, Connecticut, USA, which provides a broad range of high
technology products and support services to the aerospace and building
systems industries.
About Mubadala Aerospace:
Mubadala Aerospace, a business unit of Mubadala Development Company, is
a global network of aerospace businesses that demonstrates world-class
performance, and delivers value-added services and products to its
customers with the highest standards of safety, quality, and efficiency.
Mubadala Aerospace intelligently invests in a network of international
businesses developing mutually-beneficial partnerships, and capitalizing
on market opportunities to ensure sustainable value to its stakeholders,
nurture the local Emirati talent, and drive innovative solutions for the
aerospace industry.
Mubadala Aerospace has forged collaborative agreements with world-class
aerospace and aviation companies leveraging global expertise for
advanced, end-to-end technologies, and manufacturing bases that offer
state-of-the-art facilities as well as a global customer base. Creating
and sustaining value for its businesses, Mubadala Aerospace has
developed strategic partnerships with leading organizations such as
EADS (News - Alert)/Airbus, Finmeccanica/Alenia Aeronautica, GE, Sikorsky Aerospace
Services, and Lockheed Martin Corporation to build and maintain a
globally competitive advantage.
The portfolio of businesses include: Abu Dhabi Aircraft Technologies
(ADAT), Advanced Military Maintenance Repair and Overhaul Centre
(AMMROC), SR Technics, Sanad Aero Solutions, Strata Manufacturing,
Horizon International Flight Academy, and Piaggio Aero. Each of these
companies has proven expertise in its field and performs with a mutual
endeavor to be best-in-class.
Mubadala Aerospace is hosting, in partnership with Abu Dhabi Airports
Company (ADAC), Al Yah Satellite Communications Company (Yahsat) and
Etihad Airways, the Global Aerospace Summit 2012, a select,
invitation-only gathering of global industry leaders across the
aerospace, aviation and space sectors that aims to promote cross
industry thought leadership. This event takes place from 16 to 19 of
April 2012 in Abu Dhabi - the capital of the United Arab Emirates,
marking the emergence of the Emirate as an aerospace and aviation
powerhouse in the global arena. For further information on the Global
Aerospace Summit 2012, please visit www.aerospacesummit.ae.
*Source (News - Alert): ME
NewsWire
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