Terma and Marand sign MoU on fu­ture col­lab­o­ra­tion

SP's MAI - - CORPORATE NEWS -

Amem­o­ran­dum of un­der­stand­ing (MOU) was signed re­cently at the Pa­cific In­ter­na­tional Mar­itime Ex­po­si­tion be­tween Terma and Marand. The two com­pa­nies agree to ex­plore, iden­tify, and dis­cuss spe­cific ar­eas of mu­tual in­ter­est in ac­cor­dance with Terma’s in­ten­tion to sup­port the Aus­tralian In­dus­try Ca­pa­bil­ity (AIC) pol­icy as part of Terma’s ac­tiv­i­ties in Aus­tralia.

Terma Se­nior Vice Pres­i­dent Jørn Hen­rik Levy Ras­mussen and Marand CEO Ro­han Stocker were on hand for the cer­e­mo­nial sign­ing of the MOU.

“The agree­ment we sign to­day is strong ev­i­dence of Terma’s present and fu­ture pres­ence in the Aus­tralian mar­ket and in­ter­est in co­op­er­at­ing with the lo­cal in­dus­try. In re­cent years, Terma has de­liv­ered a num­ber of naval and sur­veil­lance sys­tems in Aus­tralia, and now we in­ten­sify our ac­tiv­i­ties, says Levy Ras­mussen and con­tin­ues:

“As a trusted key sup­plier to Terma and to the F-35 pro­gramme, we see a per­fect match be­tween Marand and Terma with re­spect to pur­suit of a num­ber of busi­ness op­por­tu­ni­ties in Aus­tralia.”

“Terma has been a won­der­ful cus­tomer on the F-35 Joint Strike Fighter pro­gramme. We have proven ca­pa­bil­i­ties and ex­pe­ri­ence sup­port­ing global de­fense primes, and we now look for­ward to fur­ther co­op­er­at­ing with the Terma busi­ness here in Aus­tralia”, says Ro­han Stocker, Marand CEO.

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