A memorandum of understanding (MoU) was signed at Pacific 2017 between Terma and Marand, who agreed to explore, identify, and discuss specific areas of mutual interest in accordance with Terma’s intention to support the Australian Industry Capability (AIC) policy as part of Terma’s activities in Australia.

The agreement we sign today is strong evidence of Terma’s present and future presence in the Australian market and interest in cooperating with the local industry. In recent years Terma have delivered a number of naval and surveillance systems in Australia and now we intensify our activities," Terma Senior Vice President Jørn Henrik Levy Rasmussen, said. “As a trusted key supplier to Terma and to the F-35 programme we see a perfect match between Marand and Terma with respect to pursuit of a number of business opportunities in Australia.”

Terma have been a wonderful customer on the F-35 Joint Strike Fighter programme. We have proven capabilities and experience supporting global defence primes and we now look forward to further cooperating with the Terma business here in Australia.” Rohan Stocker, Marand CEO, concluded.



Marand CEO Rohan Stocker and Terma Senior Vice President Jørn Henrik Levy Rasmussen were on hand for the ceremonial signing of the MOU. (Photo: Terma)

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