Terma A/S

Terma A/S
IndustryElectronics, Defense, Aerospace
Founded1944
Key people
Henriette Hallberg Thygesen (CEO)
ProductsAeronautics, Space, Surveillance & Mission Systems
RevenueDKK 2,633 million (2023/2024)[1]
DKK 206 million (2023/2024)[1]
Number of employees
1,800 (2024)
Website[1]

Terma A/S is a Danish defense and aerospace manufacturer for both civilian and military applications, and is owned by the Danish company Thrige Holding A/S. It is Denmark's largest company within the aerospace and the defense industry, employing approximately 1,700 people worldwide.[2]

Terma has been accused of complicity in multiple war crimes and crimes against humanity. For this reason, they are closely monitored by the Danish journalistic watchdog organisation, Danwatch, and have several times been the targets of protests and blockades.[2]

The company was founded in 1949 by Orla and Svend Aage Jørgensen; it originally focused on the production of thermometers and manometers for ships and various other metal components.[3] Following its purchase by Thorkild Juncker, Terma A/S refocused itself on the production of electronic measuring instruments along with early radar systems; it expanded rapidly during the 1950s and 1960s. The firm became a leader in defense electronics, and had diversified into air defense systems, aircraft avionics, and parts for missile systems by 1970.[4] It continued to grow, acquiring various other Danish defense firms during the 1990s. In 1999, Terma A/S acted at the prime contractor for the Ørsted satellite, the first Danish satellite to be launched into space.

By 2013, the group's international customers contribute more than 87% of Terma's total sales.[5][6] Terma A/S headquarters are located in Lystrup near Århus, Denmark. In Denmark, other Terma facilities are located at Grenaa and Herlev. Terma international locations and operations include Leiden in the Netherlands; Darmstadt near Frankfurt, Germany; Harwell, UK; Singapore, Abu Dhabi, United Arab Emirates and New Delhi, India. In 2004 the company opened an office in Warner Robins, Georgia. Today, the company's U.S. activities also include the Terma North America Inc. headquarters in Arlington, Virginia and offices in Fort Worth, Texas and Norfolk, Virginia.[7]

  1. ^ a b "Terma Annual Report 2023/24". Terma.com. Retrieved 4 June 2024.
  2. ^ "Terma Annual Report 2023/24". Terma A/S. Retrieved 4 June 2024.
  3. ^ "Børsen Karrierelink". Top1000.borsen.dk. Archived from the original on 1 May 2015. Retrieved 1 August 2018.
  4. ^ Cite error: The named reference official history was invoked but never defined (see the help page).
  5. ^ "Annual Report 2013/14". Terma.com. Archived from the original on 1 August 2018. Retrieved 1 August 2018.
  6. ^ "Terma investerer millioner i Grenaa". Stiften.dk. 6 April 2008. Retrieved 1 August 2018.
  7. ^ "Locations". Terma.com. Retrieved 1 August 2018.