Engines
Mubadala’s Aerospace Portfolio Hits at Least $8 Billion in Value
Mubadala unit Sanad sees the size of its own portfolio increase to $1.2 billion.
Sanad Group CEO Troy Lambeth
Sanad Group CEO Troy Lambeth

The size of UAE diversification vehicle Mubadala Investment Company’s aerospace interests has reached at least $8 billion, with $1 billion in leased engines and components under management at unit Sanad Capital and a further $7 billion in Sanad Aerotech agreements with Rolls-Royce and GE for engine maintenance.

Mubadala’s aerospace company portfolio includes five elements: the Nibras Al Ain Aerospace Park in Al Ain, MRO SR Technics, in which it owns a minority stake, empennage manufacturer Strata, a stake in XO, the on-demand bizjet charter provider managed by Dubai-based Vista Global Holdings, and Sanad.