AMMROC selected as maintenance service provider for the UAE Armed Forces GHQ

AED 1.15 billion agreement announced at Dubai Air Show will enable AMMROC to provide military aviation MRO services.

AMMROC (Advanced Military Maintenance, Repair and Overhaul Center) (AMMROC), owned by Mubadala Aerospace, Sikorsky Aircraft Corporation and Lockheed Martin 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 ongoing 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/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: ME NewsWire

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Contact:

Bell Pottinger Middle East
Alisdair Haythornthwaite, +971-056-690-1725
ahaythornthwaite@bell-pottinger.co.uk