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AIRSHOW-Boeing, Abu Dhabi's Mubadala ink aerospace pact

Mon Nov 16, 2009 3:10am EST

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DUBAI, Nov 16 (Reuters) - Boeing (BA.N) and Abu Dhabi government-owned investment firm Mubadala signed an aerospace pact on Monday that will help the Gulf Arab emirate launch its fledgling aerospace industry.

The agreement will see cooperation in high-tech activities, including composite manufacturing, engineering, research and development, training and maintenance, the two firms said in a statement.

Mubadala has been investing progressively in aerospace deals to boost the Abu Dhabi economy and said last week it would launch an aerospace components maker in coming days.

(Reporting by Tim Hepher; editing by Amran Abocar)



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