NGC Sperry Marine and Terma Sign Collaboration Agreement
Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit and Terma have signed a memorandum of understanding to collaborate in pursuing business in naval markets.
The initial focus of the two companies will be in surveillance radars and navigation. In particular, Sperry Marine has developed a new surveillance mode for its VisionMaster FT radar family that can interface with Terma's SCANTER 6002 surveillance radar.
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"The partnership between Terma and Sperry Marine has developed positively over the past years and Terma sees a strategic advantage in taking the partnership further," said Lars Weiss Laursen, director, radar sales, Terma. "The SCANTER 6002 is an affordable and easily integrable system that can detect small targets in low visibility, harsh weather conditions."
"This agreement will bring significant value to the customer, specifically by incorporating near, low level air and surface surveillance capability to our navigation suite, in addition to out-of-the-box compliance with International Maritime Organization requirements," said Jan Hansen, director of global business development, Northrop Grumman Sperry Marine. "We expect our collaborative working relationship with Terma, with its 60 years of experience in the radar business, to bring mutually beneficial opportunities to both of our companies as well as exciting new capabilities to the end user."
Source : Northrop Grumman Corporation (NYSE:NOC) - view original press release