AgustaWestland and Terma sign Cooperation Agreement

AgustaWestland and Terma sign Cooperation Agreement

23-Jun-2011 Source: AgustaWestland

Today at the Paris Air Show AgustaWestland, a Finmeccanica company, and Terma signed a cooperation agreement in order to jointly explore business opportunities in the fields of aircraft survivability equipment, 3D-Audio, advanced aero structures and other equipment. The cooperation will include joint marketing activities worldwide.

The two companies already have cooperated successfully on the AW101 helicopter where Terma has been a supplier of advanced structural parts for several years. As a global supplier of aircraft survivability equipment to the international market Terma and AgustaWestland will work jointly towards existing and new helicopter operators. This includes co-operation for the Danish Maritime Helicopter Programme for which AgustaWestland is currently competing with the AW159 helicopter.

AgustaWestland Senior Vice President International Business, Giacomo Saponaro said: ‘’AgustaWestland has already been working with Terma for a number of years and we look forward to further enhancing this relationship through these exciting new initiatives.”

The AW159 is a new generation multi-role helicopter designed as a successor to the successful Lynx family of helicopters which are currently in service with 15 nations around the world, including the Royal Danish Navy.

As a comment upon the cooperation agreement, Terma Corporate Vice President, Customer & Markets Jørn Henrik Levy Rasmussen stated: “The cooperation between Terma and AgustaWestland has proven to be successful. With this agreement, the existing cooperation is further intensified and expanded into other areas like an increasing market for aircraft survivability equipment.”

About AgustaWestland
AgustaWestland, a Finmeccanica Company, is a technology leader in its markets and has an unrivalled range of rotorcraft products designed to satisfy the requirements of commercial and military customers. The Company’s products range from the 5-seat single-engine SW-4 to the 16-tonne three-engine AW101 helicopter. AgustaWestland places great emphasis on customer satisfaction, providing leading support and training solutions to its growing customer base. AgustaWestland has its main operations in Italy, the UK, Poland and the USA.

About Terma
Terma develops products and systems for defense, civilian authorities, and security applications, including command and control systems, radar systems, self-protection systems for aircraft, space technology, and advanced aero structures for the aircraft industry. The company has a total staff of 1,200 and realized 2010/11 revenues of 190 MEUR.

Terma is headquartered at Aarhus, Denmark, and maintains international subsidiaries and operations in The Netherlands, Germany, the U.S., and Singapore.

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