Terma Enters into F-35 Long-Term Agreement with BAE Systems
The Danish defense group Terma has entered into a long-term agreement with BAE Systems with a value of more than USD 35 million, including follow-on options, for the manufacture of composite parts for the international F-35 Lightning II program.
The agreement covers the Low Rate Initial Production phases (LRIP)
The agreement covers the manufacture of Large Composite Skins for the Horizontal and Vertical Tail across all types of the F-35.
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.
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