Airbus Group (Toulouse, France) and Terma Group (Lystrup, Denmark) have signed a memorandum of understanding to explore expanded areas of collaboration in commercial aerospace. The two companies will investigate potential activities in commercial aerostructures manufacturing, training and capability development and research and development.
“We have had an excellent experience so far in working with the Danish industry, so I am delighted that we have agreed to see how we can grow that partnership in the future,” said Christian Scherer, executive vice president marketing and sales for Airbus Defence and Space. “For years, Airbus Group and Terma have been working together in the areas of aircraft survivability equipment, radar and surveillance technology. This agreement broadens the scope of potential cooperation across other areas of our global business.”
Jens Maaløe, president & CEO of Terma, said: “We see potentially strong synergies between our companies. Terma’s aerospace experience within composites structures technology provides promising opportunities for collaboration and for introduction of Terma into the Airbus Group supply chain for its portfolio of civil aircraft. We look forward to combining Airbus’ and our core capabilities and to investigating a shared number of business opportunities in the international market.”
Editor PickGardner Business Index at 54.1 in January
The US composites industry looks as strong as it has since early 2015, with expectations the highest in years.