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Abu Dhabi Aircraft Technologies and Sikorsky Aerospace Services Announce Formation of Joint Venture to Develop World Class Military Maintenance, Repair and Overhaul Center in Abu Dhabi

July 19, 2010

  ABU DHABI, United Arab Emirates - Abu Dhabi Aircraft Technologies (ADAT) and Sikorsky Aerospace Services today announced the launch of a joint venture to provide world class military aviation Maintenance, Repair and Overhaul (MRO) services to the United Arab Emirates (UAE) Armed Forces and other military operators internationally, including in the wider Middle East and North Africa region.

ADAT is wholly owned by Mubadala Development Company, the strategic investment arm of the Abu Dhabi Government, in the United Arab Emirates. Sikorsky Aerospace Services is the aftermarket business of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (NYSE: UTX).

The joint venture, known as AMMROC (Advanced Military Maintenance, Repair and Overhaul Center), brings together ADAT’s military track record of high quality and reliable maintenance services, and Sikorsky Aerospace Services’ Original Equipment Manufacturer (OEM) expertise.

With the combined strength of the joint venture parties and an aggregate investment that exceeds US$800 million, AMMROC will draw 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. This will enable AMMROC to provide innovative platform solutions for all fixed and rotary wing aircraft, to ensure guaranteed aircraft readiness, deployability, improved safety and self reliance.

During the initial phase of operation, AMMROC will share existing ADAT facilities and support staff until the completion of the new AMMROC complex at the International Airport of Al Ain in the Emirate of Abu Dhabi. AMMROC is expected to create more than 1,000 new jobs in the United Arab Emirates during the first five years of operation, focusing on the development of UAE Nationals, and will also maintain an on-site presence at the UAE Armed Forces’ bases associated with ongoing maintenance support contracts.

Homaid Al Shemmari, Executive Director of Mubadala Aerospace and Chairman of Abu Dhabi Aircraft Technologies (ADAT), commented: "The formation of AMMROC is a major milestone for Abu Dhabi’s aerospace industry and the evolution of ADAT. In partnering with Sikorsky we have brought two significant organizations together to create a world class facility that provides a self- sustaining, and commercially viable platform for the UAE Armed Forces and regional military customers. We have received tremendous support from the UAE Armed Forces and have worked closely with them in the planning phase of this important new venture.”

David Adler, President of Sikorsky Aerospace Services commented “We feel privileged to form this strategic joint venture with ADAT. Together we look forward to the benefits and new opportunities that AMMROC will bring to both our companies, to the UAE’s Armed Forces, the Emirate of Abu Dhabi and eventually to the Middle East and North Africa region.”


About AMMROC

AMMROC (Advanced Military Maintenance, Repair and Overhaul Center) LLC., is a dedicated military Maintenance, Repair and Overhaul (MRO) center 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 Middle East and North Africa region.

AMMROC is a joint venture company owned by Abu Dhabi Aircraft Technologies (ADAT), a wholly owned subsidiary of Mubadala Development Company, and Sikorsky Aerospace Services, the aftermarket business of Sikorsky Aircraft Corporation. AMMROC is headquartered in the Emirate of Abu Dhabi, capital of the United Arab Emirates.

AMMROC combines the experience and expertise of ADAT and Sikorsky to deliver best practices in military aviation MRO alongside the highest levels of aircraft readiness, deployability, and safety.

About Sikorsky Aerospace Services

Sikorsky Aerospace Services provides comprehensive support for rotary and fixed wing operators 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 timeTM.”

United Technologies Corp., based in Hartford, Connecticut, USA, provides a broad range of high technology products and support services to the aerospace and building systems industries.

About ADAT

Abu Dhabi Aircraft Technologies (ADAT) is the Middle East's leading independent aviation technical solutions provider, and has a comprehensive set of airframe, engine and component Maintenance, Repair and Overhaul (MRO) capabilities. Under the ownership and direction of Mubadala Development Company (Mubadala), the strategic investment arm of the Abu Dhabi Government, ADAT is spearheading Abu Dhabi's regional aviation MRO ambitions and is pivotal in the development of Mubadala's worldwide MRO network.

At present, the company manages a customer portfolio stretching from Iceland in the west, to Sri Lanka in the east, employing a growing multinational and multi-disciplined workforce.

ADAT is committed to a customer-focused strategy of process and people development alongside major infrastructure investment. These characteristics, combined with a competitive cost base, the highest quality standards, and world-class turnaround times, underpin ADAT’s position as the preferred MRO partner of choice in the region. For more information about ADAT, its partnerships and activities please visit www.adat.ae

For more information, please contact:

Rashed Al Harmoodi
Mubadala Development Company E: ralharmoodi@mubadala.ae M: +971 (0)50 657 8686 Salam Kitmitto Edelman Public Relations E: salam.kitmitto@edelman.com M: +971 (0)50 800 8268

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