Friday, October 31, 2014
Boeing Signs MoUs with Six Danish Defense Companies
Boeing has signed a Memoranda of Understanding (MoU) with six Danish defense companies to further pursue business opportunities in a range of activities that encompass defense and aerospace-related manufacturing, maintenance, software and simulation integration.
The companies are: Danish Aerotech, Falck Schmidt Defense Systems, IFAD, Multicut, Systematic and Terma. Although these are elements of Boeing’s F/A-18 Super Hornet offering to Denmark, there are other synergies that could be developed.
Terma already provides the Royal Netherlands Air Force Boeing Apache AH-64D attack helicopters with its Modular Aircraft Survivability Equipment (MASE) self-protection system. It is also fielded on CH-47D/F, AS-532, EH-101, HH-60G, Mi17 and Mi24 helicopters. Terma has a smaller system called Light Aircraft Survivability Equipment (LASE) which is suitable as a stand-alone system for smaller helicopters.
“We want partners who see our member companies’ potential to grow, not our potential to receive hand-outs,” said Jan Falck-Schmidt, chairman of the Danish Defense and Security Industries Association (FAD). “Boeing is offering knowledge, technology and supply chain opportunities that can help each of our companies, and the Danish defense industry as a whole, win work now and compete for much broader business in the future.”
A study released at the end of October by Danish economic consultancy DAMVAD suggested that the Danish defense industry’s collaboration with Boeing could result in the creation of over 10,000 jobs in Denmark together with a boost of $1 billion (6 billion DKK) to Denmark’s GDP over 20 years.