Terma enters into F-35 long-term agreement with BAE Systems

PARIS, 20 June 2013. Terma, a Danish defense group, has entered into a long-term agreement with BAE Systems, valued at more than $35 million (USD) including follow-on options, for the manufacture of composite parts for the international F-35 Lightning II program.

Jun 20th, 2013
F-35
F-35

PARIS, 20 June 2013. Terma, a Danish defense group, has entered into a long-term agreement with BAE Systems, valued at more than $35 million (USD) including follow-on options, for the manufacture of composite parts for the international F-35 Lightning II program.

The agreement covers the manufacture of Large Composite Skins for the Horizontal and Vertical Tail across all types of the F-35, as well as the Low Rate Initial Production phases (LRIP) 6-11.

Terma has been collaborating with BAE Systems on the F-35 program since 2006 when the two companies signed a Letter of Intent for future partnership. In 2009, BAE Systems and Terma entered a contract for the delivery of machined parts for the F-35.

The partnership between Terma and BAE Systems has now been strengthened by the long-term agreement, which also positions Terma as a strong partner for BAE Systems and for the F-35 program as a whole.

“This signing solidifies Terma’s position on the F-35 program and shows how collaboration can benefit Terma, BAE Systems, and the F-35 program as a whole. The companies will explore technologies, set a path forward to achieve manufacturing efficiencies to meet rigorous quality requirements, and work toward establishing Terma as a premier supplier of composite parts,” says Jens Maaløe, president and CEO, Terma.

Recently, Terma entered into long-term contracts with Lockheed Martin and Northrop Grumman Corp. for the manufacture of component parts for the F-35 Lightning II program.

Terma’s involvement in the F-35 Lightning II program since Denmark entered the program in 2002 comprises eight different production programs within advanced composite structural parts and electronics. To date, Terma’s aggregate order intake relative to the F-35 Lightning II program amounts to approx. $400 million.

Terma develops products and systems for defense, non-defense, and security applications, including command and control systems, radar systems, self-protection systems for ships and aircraft, space technology, and advanced aerostructures for the international aircraft industry.

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