Strata and Dema Sign Co-Operation Agreement

Strata and Dema have signed a co-operation agreement to work together on manufacturing service exchange and knowledge transfer relating to aerospace systems. The two companies will develop a roadmap to work on these technologies, they say, which will help facilitate a strategy from Strata to grow its supply chain footprint. The chief executive of...

Strata and Dema have signed a co-operation agreement to work together on manufacturing service exchange and knowledge transfer relating to aerospace systems.

The two companies will develop a roadmap to work on these technologies, they say, which will help facilitate a strategy from Strata to grow its supply chain footprint.

The chief executive of United Arab Emirates (UAE)-based Strata, Ismail Ali Abdulla, and chief executive of Italy-based Dema, Vincenzo Starace, signed the agreement.

“The aerospace sector is considered one of the most complex and globalised sectors in the world,” Abdulla said. “Establishing partnerships and forming robust relationships with prominent companies in the industry plays an integral role in the solidification of our supply chain system and our next stage of growth.”

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact

Source: www.janes.com