Includes airport security systems and aircraft electronic equipment

Sanad and Thales sign a memorandum of understanding to enhance services in the aviation sector

Sanad, a global company specialized in aerospace engineering and leasing and financing solutions for aircraft engines and components, and wholly owned by Mubadala Investment Company, has signed a memorandum of understanding with Thales International Technology Company, to discuss opportunities for cooperation in the industrial services sector, including security systems. Airports, air traffic management, aircraft electronic equipment.

Objectives of the agreement

Yesterday's statement stated that this memorandum comes after the launch of the "New Sanad Strategy for Industrial Services", which aims to expand the company's business to include new industrial services, to contribute to the development and sustainability of the UAE industrial sector, by taking advantage of cooperation opportunities with international partners such as Thales.

The agreement aims to enhance cooperation and knowledge exchange between the two companies, as Thales will contribute to diversifying Sanad's business portfolio to include industrial services specialized in airport security systems, air traffic management, and aircraft electronic equipment.

Sanad and Thales will also cooperate in regional and international projects. Sanad will provide advanced industrial services for these sectors, while Thales will lead the design and construction of systems for these sectors.

Abu Dhabi Center

Sanad Group CEO, Mansour Janahi, said that this partnership will contribute to consolidating Abu Dhabi's position as a reliable global center for industrial services, while strengthening its position as a global center for advanced engineering services for the aviation sector, and expanding the range of services provided by the emirate to this sector, to include airport security systems. , air traffic management, and aircraft electronic equipment, which are witnessing significant growth at the local and global levels.

He added: "SANAD will work, through this agreement, to build national capabilities, achieve excellence in these sectors, localize the finest global technologies, and encourage knowledge transfer through partnership with major leading companies in the industrial services sector," noting that this partnership The loss of Sanad's ability to implement its new strategy through its partnership with Thales, and its distinguished history in engineering and financial services in the aviation sector, which extends for more than 30 years.

For his part, CEO of Thales in the UAE, Bernard Rowe, said: “SANAD has made great strides in the aviation industry over the past three decades, and as a global company in designing and building innovative solutions in this sector, we are pleased to work with them to re-establish Shaping the future of the aviation sector.

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