Advertisement
Singapore markets close in 35 minutes

  • Straits Times Index

    3,278.00
    -9.75 (-0.30%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,119.75
    +40.89 (+0.51%)
     

  • Bitcoin USD

    64,369.19
    +335.86 (+0.52%)
     

  • CMC Crypto 200

    1,389.62
    -6.91 (-0.50%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,359.10
    +16.60 (+0.71%)
     

  • Crude Oil

    83.89
    +0.32 (+0.38%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,573.71
    +4.46 (+0.28%)
     

  • Jakarta Composite Index

    7,057.40
    -97.90 (-1.37%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Strata Manufacturing wins Airbus contracts worth $1 billion

Reuters

FARNBOROUGH, England (Reuters) - Components manufacturer Strata has won two contracts with European planemaker Airbus (AIR.PA) with a combined value of more than $1 billion (754.77 million pounds), it said at the Farnborough Airshow on Wednesday.

Strata Manufacturing, owned by Abu Dhabi investment firm Mubadala, said it would become a source for the Airbus A320 Horizontal Tail Plane (HTP) and A350-900 Inboard Flaps (IBF).

(Editing by Mark Potter)