Mubadala and GE Aviation sign multi-faceted aviation agreement, reinforce strategic partnership

General Electric (NYSE: GE) and Abu Dhabi’s Mubadala Development Company today signed an extensive agreement that expands GE’s global network of engine maintenance, repair and overhaul (MRO) providers in the Middle East and further advances Mubadala’s plans to build a global MRO network centered in Abu Dhabi.

The agreement finalizes one of the remaining components of the broader strategic partnership forged last year between Mubadala and GE, encompassing a broad range of initiatives including commercial finance, clean energy research & development, industry, corporate learning and aerospace.

GE Aviation and its affiliates will provide technical support and services to Mubadala’s affiliate MRO companies SR Technics and ADAT, including technical and corporate training support, comprehensive material support, and the granting of licenses to service certain GE engines.