Northrop Grumman Aktie
WKN: 851915 / ISIN: US6668071029
17.09.2015 15:20:08
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Northrop Grumman Sperry Marine and Terma Sign Collaboration Agreement
LONDON, Sept. 17, 2015 (GLOBE NEWSWIRE) -- 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.
"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."
About Terma
The high-tech Terma Group develops products and systems for defense, non-defense and security applications, including command and control systems, radar systems, self-protection systems for aircraft, space technology, and aerostructures for the aircraft industry. Terma A/S is headquartered at Aarhus Denmark and maintains Danish facilities in Copenhagen and Grenaa. Internationally, Terma has subsidiaries and operations in The Netherlands, Germany, the U.S., Singapore, United Arab Emirates, United Kingdom and India.
About Northrop Grumman Sperry Marine
Northrop Grumman's Sperry Marine business unit is headquartered in New Malden, U.K., and has major engineering and support offices in Hamburg, Germany. It provides smart navigation and ship control solutions for the international marine industry with customer service and support in numerous locations worldwide.
About Northrop Grumman Corporation
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
CONTACT: Andy Haltzel Northrop Grumman Corporation 410-227-4586 andrew.haltzel@ngc.com Kasper Rasmussen Terma +45 2022 6091 kar@terma.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Northrop Grumman Corp. via Globenewswire

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