Terma expands activities in Asia - opens new office in SingaporeToday, defense and security company Terma marks the expansion of its business activities and opens its new office in Singapore emphasizing the company's strong focus on the Asian market.
Terma opened its first office in Singapore in 2007 to support the growing radar business and to move closer to the many customers in the region. Since then, Terma has experienced a strong surge of orders and interest from Asian customers.
Military Radar Market - Global Forecast to 2020
The opening of the new office is part of Terma's strategic drive to support its customer base within the region. Corporate Vice President, Customer & Markets, Mr. Jorn Henrik Levy Rasmussen, said:
"Terma holds a strong position, and we are focused on strengthening our international setup to support our customers in the region. For Terma, the customers are always our highest priority, and we look forward to expanding existing relationships and partnerships while building new ones."
Director for Terma Singapore Pte. Ltd. Mr. Jesper Tolstrup explains: "Expanding the office in Singapore means we can support our growing customer base even closer across our business domains. We have been in Singapore for several years, but by opening this new facility, we can offer an even better support to our key customers in the region."
Being a diverse company, Terma has long been one of the world's leading suppliers of coastal and maritime surveillance radars and has more than 1500 systems in operation around the world, and many of those in Asia.
As a supplier of naval systems, Terma's products and solutions are in operation with the Royal Australian Navy, Royal Navy, U.S Coast Guard, Indonesian Navy, Republic of Korea, with navies in a wide range of European and South American countries as well as other undisclosed customers in Asia, and from 2012 the Royal Thai Navy.
The company's advanced aircraft self-protection systems are in operation with multiple air forces on more than 25 different platforms and more than 2000 aircraft around the world. End users include amongst others the U.S. Air Force, Royal Netherlands Air Force, Royal Air Force and the Royal Danish Air Force. Terma has set up local integrated logistic operations to support operations in the U.S. and The Netherlands.
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Source : Terma A/S