AgustaWestland and Terma sign cooperation agreement

Today at the Paris Air Show AgustaWestland, a Finmeccanica company, and Terma signed a cooperation agreement in order to jointly explore business opportunities in the fields of aircraft survivability equipment, 3D-Audio, advanced aero structures and other equipment. The cooperation will include joint marketing activities worldwide.

The two companies already have cooperated successfully on the AW101 helicopter where Terma has been a supplier of advanced structural parts for several years. As a global supplier of aircraft survivability equipment to the international market Terma and AgustaWestland will work jointly towards existing and new helicopter operators. This includes co-operation for the Danish Maritime Helicopter Programme for which AgustaWestland is currently competing with the AW159 helicopter.

AgustaWestland Senior Vice President International Business, Giacomo Saponaro said: ''AgustaWestland has already been working with Terma for a number of years and we look forward to further enhancing this relationship through these exciting new initiatives."

The AW159 is a new generation multi-role helicopter designed as a successor to the successful Lynx family of helicopters which are currently in service with 15 nations around the world, including the Royal Danish Navy.

As a comment upon the cooperation agreement, Terma Corporate Vice President, Customer & Markets Jørn Henrik Levy Rasmussen stated: "The cooperation between Terma and AgustaWestland has proven to be successful. With this agreement, the existing cooperation is further intensified and expanded into other areas like an increasing market for aircraft survivability equipment."