F-35 Lightning II MOA signed between Terma and BAE Systems
NewsSeptember 16, 2015
LONDON. At the Defence & Security Equipment International (DSEI) exhibition in London, a Memorandum of Agreement (MOA) was signed between Terma Aerostructures A/S and BAE Systems, in which Terma will continue to manufacture subassemblies, components, and parts of the F-35 Lightning II empennage.
The MOA is worth potentially an estimated $250 million for Terma. It could run up to the year 2038 and reflects the F-35 Joint Program Office’s (JPO) overall current aircraft delivery schedule. Under the agreement, Terma will provide horizontal tails for all three F-35 variants, as well as vertical tail components for the F-35A aircraft.
“It is through agreements such as this, with organizations like Terma that will help BAE Systems meet our ‘Blueprint for Affordability’ commitments on the program,” says Paul Burns, F-35 Global Procurement & Supply Chain Director at BAE Systems.
BAE Systems and Terma signed a Letter of Intent for future partnership in 2006 and have been collaborating on the F-35 program ever since.
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