AMMROC has extended its support for the UAE Armed Forces to ensure the operational readiness for the complete inventory of fixed and rotary-wing aircraft.
The announcement by AMMROC, a joint venture company owned by Mubadala, the Abu Dhabi based investment and development company, Sikorsky Aerospace Services, and Lockheed Martin, took place during Dubai Airshow 2013 held between 17th-21st November at Dubai World Central.
The contract worth $5.8 billion, fulfills the vision for AMMROC, as set out by the UAE government in 2006. This extensive five year agreement enables the UAE Armed Forces to streamline processes and optimize manpower by remaining focused on the operation of their aircraft, while AMMROC provide full logistics, maintenance and repair services.
Fahed Ghareeb Al Shamesi, CEO of AMMROC, said: "In only three years, we have developed our local knowledge, commenced the construction of world class facilities, and demonstrated outstanding progress as we work with the UAE Armed Forces, our shareholders and partners, to integrate global best practices and processes. Signing this contract shows the trust that our team has built on current platforms, allows us to further grow our workforce of UAE Nationals, and, most importantly, to support the readiness and strength of the air force for the benefit of the UAE.”
The performance based logistics (PBL) contract represents a paradigm shift for supplying military aviation Maintenance, Repair and Overhaul (MRO) services in the UAE, highlighting AMMROC’s commitment to implementing the latest global industry technologies. Under this model, all material and maintenance activity are provided under a cost per flight hour model that provides greater flexibility to the UAE Armed Forces, while facilitating ongoing efficiency improvements.
Dubai Airshow opened today for the first time at Dubai World Central, and has set of a record with shows order tally reaching US $162.6 billion – surpassing its previous record of US $155 billion record set in 2007
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