News

Terma Enters into F-35 Long-Term Agreement with BAE Systems

Paris, France // June 18, 2013

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) 6-11.

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.

Read the full release here