EADS, a world leader in aerospace, defence and related services, signed a Memorandum of Understanding with the Kazyna Sustainable Development Fund for astrategic partnership in the development of the aerospace industry and related services in Kazakhstan. This agreement with Kazyna envisages feasibility studies for the financing of aerospace projects.
In addition EADS also signed a roughly $ 1 billion MoU with the Kazakh titanium company UKTMP and the metals and alloys specialists Aubert & Duval (A&D). This MoU covers the supply of titanium and the manufacture of finished and semi-finished products for Airbus and other Divisions of EADS.