Mubadala’s Sanad Signs MoU with Triumph Group
Posted on 06/01/2022
Sanad is the global aerospace engineering and leasing solutions company. The Sanad Group is wholly-owned by Abu Dhabi’s Mubadala Investment Company PJSC. Sanad and Triumph Group, Inc. (NYSE: TGI), a U.S.-based aerospace manufacturer and MRO provider, with significant engine component repair experience, announced the recent signing of a memorandum of understanding (MoU) outlining their plans to collaborate on the provision of next-generation engine Maintenance, Repair and Overhaul (MRO) capabilities in the United Arab Emirates (UAE).
Through this relationship, Sanad and Triumph Group intend to collaborate to provide critical MRO solutions for multiple engine types for aerospace and aviation industry operators across the Middle East and Africa (MEA) region.
