Terma signs F-35 Joint Strike Fighter Agreement with Lockheed Martin and six of their partners
Today, Lockheed Martin, BAE Systems and Northrop Grumman Corporation signed a Memorandum of Understanding (MoU) with Terma A/S.
According to the MoU Terma is a Major Strategic Supplier to the F-35 Joint Strike Fighter Program, as evidenced by contracts awarded to date.
In addition to the above-mentioned companies, the MoU has also been signed by Moog Incorporated, General Dynamics Armament and Technical Products, Parker Hannifin Corporation and Marvin Engineering Company.
This MoU establishes a long term commitment to Danish Industry. The present estimated value of the agreement signed today is more than 7 billion DKK. To date, Terma has delivered development and products with a value of 135 million DKK - from the facilities in Aarhus and Grenaa.
- Composite Conventional Edges for the Aircraft Horizontal Tails
- Advanced Lightweight Composite Components for the Center Fuselage
- STOVL Horizontal Tails
- Missionized Gun Pods for STOVL and CV Variants
- Data Acquisition Pods for Flight Test Instrumentation
- Radar Electronics
- Flight Control Components.
"The agreement we signed today represents the culmination of years of planning and contracts to show evidence of the value that Terma contributes to the Joint Strike Fighter Program. Terma has been a valued supplier to the Lockheed Martin F-16 program for decades, and this agreement ensures that they will continue that relationship for decades to come. Lockheed Martin views Terma as a valued F-35 supplier that is already proving the best value concept brings high technology components from F-35 Partner Countries around the world," said Dr. Robert Bolz, VP Global Production Integration, Lockheed Martin.
F-35 Lightning II (Joint Strike Fighter)
The F-35 and F-22 are the world's only 5th generation fighters, uniquely characterized by a combination of advanced stealth with supersonic speed and high agility, sensor fusion, network-enabled capabilities and advanced sustainment. The F-35 is a supersonic, multi-role, 5th generation strike fighter. Three F-35 variants derived from a common design, developed together and using the same sustainment infrastructure worldwide, will replace at least 13 types of aircraft for 11 nations initially, making the Lightning II the most cost-effective fighter program in history.
Lockheed Martin is developing the F-35 with its principal industrial partners, Northrop Grumman and BAE Systems. Two separate, interchangeable F-35 engines are under development: the Pratt & Whitney F135 and the GE Rolls-Royce Fighter Engine Team F136.
About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
More information about the company can be found at http://www.lockheedmartin.com
About Terma
Terma is a leading Denmark-based defense, aerospace, and security company. The business activities include products and systems for a number of non-defense and defense applications, including command and control systems, radar systems, electronic warfare systems, space technology, and aeronautic structures for high-performance military aircraft.
The company realized 2008/09 sales of approximately USD 200 million and employs approximately 1,300 people worldwide. Terma A/S is headquartered in Aarhus, Denmark and maintains subsidiary facilities and operations in a number of European countries, Singapore, and in the U.S.
For additional information about Terma, please visit www.terma.com.
For further information, please contact:
Terma
Kasper Rasmussen,
Vice President, Corporate Communications
Phone: +45 8743 6000
Cell Phone: +45 2022 6091
E-mail: kar@terma.com
Lockheed Martin Aeronautics Company
Kim M. Testa. Senior Manager, International Communications
Telephone: +1 817 777 1634
Cell Phone: +1 817 718 8644
E-mail: kim.m.testa@lmco.com
