Mubadala and Sikorsky Aircraft Corp enter into a joint venture

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According Zawya Dow Jones, Government-owned Abu Dhabi Aircraft Technologies (ADAT) and U.S.-based Sikorksy Aerospace Services announced an $800 million joint venture to set up a center in Abu Dhabi to provide maintenance, repair, and overhaul, or MRO, services to military aircraft.

The joint venture service center will be built at a complex in Al Ain in the emirate of Abu Dhabi and will provide MRO services to the U.A.E.’s armed forces and other military operators internationally.

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