Cooperation in Danish Defense industry

(12 January 2006) -- The two major Arhus companies within the Danish defense industry, Terma and Systematic, have entered into a cooperation agreement on solving national and international defense tasks. Today, Denmark's two leading companies within the Danish defense industry have concluded an agreement which will provide substantial perspectives for Danish export. The agreement implies that the two companies will bid together on contracts which are expected from the Danish Army in the months ahead. With the Danish market as the platform, Terma and Systematic will offer their competencies in solving the major transformation tasks which the armed forces are currently facing both nationally and internationally. The challenge of the armed forces is to implement a major change process which facilitates communication across nations’ armed forces and between various services and units within the armed forces. The generic term for the new challenge is NBO, i.e. Network Based Operations. Both Terma and Systematic have substantial competencies within the area, competencies which complement each other. This implies a possibility of offering the Danish armed forces the most outstanding solution within Network Based Operations. Previously, the companies have proved capable of achieving a successful result, as they co-developed an ultramodern Command and Control system for the Danish Navy. Today, the system is implemented onboard the Navy’s ships. As a comment upon the new cooperation, Terma's President & CEO, Jens Maaløe, states that he sees a range of interesting perspectives in the cooperation which will provide both companies with additional competencies both in relation to the present business area and to other business areas where Terma and Systematic are involved. “The changed focus which we can observe within the armed forces in the Western world, for example, in the form of greater involvement in the international peace-making operations, provides great potential for systems within Network Based Operations. This potential applies to both the Danish market and abroad. Even though Systematic and Terma are globally orientated, we are dependent on the close and productive cooperation with the Danish armed forces. It is a very important and crucial reference. The Danish defense industry is minute compared to the international standards, therefore, cooperation within the industry and with the armed forcesis of utmost importance.” The CEO of Systematic, Michael Holm, finds that “the cooperation involves a unique opportunity to develop joint and competitive solutions for Network Based Operations. Together, our companies are capable of matching companies from the international defense industry. With the Danish domestic market as a platform, we will be able to develop interesting and visionary solutions”. The two companies employ some of the most experienced people within their own field. The cooperation will be able to position Eastern Jutland as an even stronger place internationally and is expected form the basis for many new jobs. About Terma Terma develops products and systems for a number of civilian and military applications. Terma's business areas encompass radar systems, command and control systems, self-protection systems for aircraft, systems for tactical reconnaissance, air traffic management systems, systems for space applications, and development of structural parts for the aircraft industry. Terma A/S has its headquarters at Lystrup near Arhus, departments at Herlev and Grenaa, and subsidiaries and offices in a number of European countries and in the USA. The company has a staff of 1,100, and during 2004/05, had a 204 million dollars turnover with an 80 per cent export share. About Systematic Software Engineering A/S Systematic is Denmark’s largest privately owned software and system house, founded in 1985 with head office in Arhus with departments in Copenhagen, as well as subsidiaries in London and Washington. The business areas of the company are primarily mission critical IT systems for the armed forces and the health care sector. As of 1 November 2005, Systematic employs 360 people, 309 of these in Denmark. The turnover for the fiscal year 2003/2004 was 35 million dollars. Systematic is the only Danish company certified on the highest maturity level, CMMI5, which is accredited to the world’s most efficient and modern software houses. contact: Terma A/S President & CEO Jens Maaløe Phone: + 45 8743 6000 Systematic Software Engineering A/S CEO Michael Holm Phone: + 45 8943 2000

Source: Terma
Date: Jan 13, 2006

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