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Terma Authorized by NGC to Begin Work on First Phase of F-35 Low Rate Initial Production
Award adds momentum to long-term agreement signed in 2005.
(Lystrup, Denmark, December 6, 2007) -- Terma has been authorized by Northrop Grumman Corporation (NYSE: NOC) to begin fabricating subassemblies for the first two F-35 production aircraft. The authorization represents the first F-35 contract awarded to Terma under a long-term agreement signed with Northrop Grumman in 2005.
The subassemblies - composite components and aircraft access doors - will be used in the F-35 center fuselage, a major section of the aircraft being produced by Northrop Grumman, a principal member of the Lockheed Martin-led F-35 global industry team.
"We consider this initial contract for the first F-35 production aircraft a major milestone in Terma's involvement in the F-35 program. Being authorized to begin fabricating composite components outlines the potential in our aiming at building up competencies within composite structures" said Vice President Peter Worsoe, Sales & Business Dev. Aerostructures, Terma. "This agreement establishes Terma as a proven partner of this significant development program."
"Strong international participation in the F-35 program is critical to ensuring the successful production, delivery and sustainment of the world's most advanced multi-role combat aircraft," said Janis Pamiljans, vice president and F-35 program manager for Northrop Grumman's Integrated Systems sector. "This agreement adds significant momentum to our very successful partnership with Terma for the production of critical F-35 subassemblies."
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Terma A/S
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