Home Construction Sanad announced a new $272 million contract with Pratt & Whitney and...

Sanad announced a new $272 million contract with Pratt & Whitney and IAE

Sanad a wholly-owned subsidiary of Mubadala Investment Company has announced a new $272 million contract with Pratt & Whitney and International Aero Engines (IAE).

The new contract will see Sanad Aerotech providing IAE with expanded maintenance, repair, and overhaul (MRO) services for its V2500 engines, which powers the Airbus A320 family of aircraft, said a Wam news agency report.

Commenting on this new agreement, Mansoor Janahi, Deputy Group CEO, Sanad, said: “We are signing this new agreement at a critical stage in the history of the aviation industry. This agreement is another testament to Abu Dhabi’s established position as a reliable global center for the aerospace industry and its state-of-the-art engineering services. With many global companies reformulating their relationships with their partners in line with the lessons learned from the pandemic, it seems that flexibility, sustainability, and the capacity to deal with crises qualifies the aerospace sector in the UAE to re-enforce its position as a preferred partner for major international companies.”

Dave Emmerling, Vice President, Commercial Aftermarket at Pratt & Whitney, said: “The relationship between Pratt & Whitney, IAE and Sanad is strong and we look forward to continuing to strengthen it for years to come. We expect our V2500 customers will benefit greatly from the MRO services provided by Sanad.”

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