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American defence prime Raytheon has signed a new Memorandum of Understanding with Danish defence company Terma, in a bid to strengthen strategic collaboration.
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The agreement outlines areas of cooperation that include advanced technologies such as command and control systems, space-based capabilities, and electronic warfare solutions.
It is also expected to expand collaboration and build on projects the two companies have already undertaken together.
The MoU was signed at the Danish Embassy in Washington DC by Steen Lynenskjold, Executive Vice President for Government & Partnerships at Terma and Robert Fitzpatrick, President, Requirements & Capabilities, representing Raytheon.
The agreement highlights the growing cooperation between Denmark and the United States in the defense industry and further underscores the strategic importance of this partnership.
The agreement emphasizes the complementary strengths of both companies, leveraging Terma's engineering expertise and Raytheon’s breadth of next-generation defence solutions and position as one of the largest defence contractors in the world - according to the companies.
“We are excited to deepen our collaboration with Raytheon, a company that shares our commitment to technological excellence and innovation in the defense industry,” said Steen Lynenskjold, Executive Vice President at Terma.
“This agreement represents a major milestone for Terma, allowing us to expand our role in key international markets and to further contribute to the defense capabilities of both Denmark and the United States.”
The new MoU outlines the framework for future projects and fosters a more integrated approach to shared initiatives. While the specific terms of the agreement remain confidential, the partnership aims to explore a wide range of potential opportunities such as enhancing defense technologies and developing advanced systems to meet the evolving demands of global security.
“Our relationship with Terma will bring critical maritime and integrated air and missile defense capabilities to meet the demands of our joint European customers today and into the future,” said Robert Fitzpatrick, president, Requirements & Capabilities, Raytheon, an RTX business.
This expanded collaboration between Terma and Raytheon underscores a continued commitment to innovation and excellence within the defense sector, further solidifying the bond between US and Danish defense industries.
