Terma and Lockheed Martin have further strengthened their long-standing relationship by signing a Memorandum of Understanding (MoU) during a ceremony held at Terma’s office in Søborg. The MoU, signed by Terma CEO Henriette Hallberg Thygesen and Lockheed Martin Missiles and Fire Control President Tim Cahill, marks a strategic step towards expanding collaboration across both companies’ portfolios. Building on a history of successful cooperation across various defense and aerospace programs, Terma and Lockheed Martin have now formalized their commitment to exploring new areas of partnership. The signing of the MoU reflects a shared ambition to deliver advanced, integrated solutions that meet the evolving needs of allied forces worldwide.
Lockheed Martin Missiles and Fire Control is recognized globally for its leadership in precision strike weaponry, integrated air and missile defense systems, air dominance and strike weapons, and next-generation sensor technologies. Terma, with its proven track record in defense electronics, aerospace structures, and mission system solutions, brings complementary capabilities and a strong customer-centric approach to the collaboration. Through this agreement, Terma and Lockheed Martin aim to leverage their respective strengths to address critical defense and security challenges. The partnership also aligns with Terma’s strategic objective of building robust international collaborations to deliver superior, cross-domain operational capabilities.
Tim Cahill, President of Lockheed Martin Missiles and Fire Control stated:“By collaborating with leading innovative companies like Terma, we’re able to leverage our collective expertise and capabilities to deliver advanced, integrated solutions that contribute to a stronger, more secure Europe and NATO alliance. This partnership reflects our commitment to fostering a more resilient and self-sufficient defence ecosystem, which not only benefits both sides of the Atlantic, but also supports the United States industrial base to the mutual benefit of all parties involved.”
Henriette Hallberg Thygesen, CEO of Terma, stated:”We are proud to take another important step with Lockheed Martin, a valued and trusted partner for many years. This agreement underscores our shared commitment to innovation and delivering best-in-class solutions to our customers around the world.”
Terma A/S is a Danish defense and aerospace manufacturer for both civilian and military applications, and is owned by the Danish company Thrige Holding A/S. It is Denmark’s largest company within the aerospace and the defense industry, employing approximately 1,800 people worldwide. The company was founded in 1949 by Orla and Svend Aage Jørgensen; it originally focused on the production of thermometers and manometers for ships and various other metal components. Following its purchase by Thorkild Juncker, Terma A/S refocused itself on the production of electronic measuring instruments along with early radar systems; it expanded rapidly during the 1950s and 1960s. The firm became a leader in defense electronics, and had diversified into air defense systems, aircraft avionics, and parts for missile systems by 1970. It continued to grow, acquiring various other Danish defense firms during the 1990s.
