Terma secures F-35 Joint Strike Fighter contract

Terma has entered into an additional contract for parts for the Lockheed Martin F-35 Joint Strike Fighter aircraft which is among the candidates to become Denmark's new fighter aircraft.

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On 24 February 2009, Lockheed Martin and Terma signed a contract for the supply of composite components for the stabilizers on a number of F-35 aircraft.

On 24 February 2009, Terma signed a contract with Lockheed Martin to supply parts for the F-35 aircraft stabilizers. The F-35 Joint Strike Fighter is among the candidates to become Denmark's new fighter aircraft.

"Participation in the F-35 program is based on a Best Value approach, and with this contract, Terma proves that we can deliver world-class high-tech solutions at competitive prices," says Jens Maaløe, President & CEO of Terma A/S. He continues: "Terma has entered into a series of specific orders for the F-35 on a continuous basis, and we expect to win more contracts in the coming years."

The agreement between Lockheed Martin and Terma includes the supply of advanced aircraft components for the stabilizers, primarily produced in composite materials. With this contract, Terma now supplies a range of components for the F-35. Besides structures for the aircraft stabilizers, this includes conventional edges for the aircraft wings and parts for the fuselage, pods for advanced test equipment, and high-tech electrical components.

"The parts we supply for the F-35 are all solutions which require highly skilled employees and cutting-edge technology. Therefore, our staff and our manufacturing facilities are in constant development in order to maintain our position as one of the world's leading manufacturers of structures for aircraft," says Jens Maaløe, President & CEO of Terma.

At this early stage, the F-35 is in development and in its initial low rate production phase. This multi-million DKK contract covers the 17 aircraft included in the Low Rate Initial Production (LRIP) 3 phase of the program. Lockheed Martin expects to manufacture more than 3,000 F-35 aircraft, and when full-rate production is initiated in 2015, Lockheed Martin will manufacture one F-35 aircraft per day.

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The Denmark based high-tech Terma Group develops products and systems for defense and non-defense security applications; including command and control systems, radar systems, self-protection systems for aircraft, space technology, and aerostructures for the aircraft industry.

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