Danish defense firm Terma partners with French missile maker MBDA

Danish defense firm Terma announced a significant cooperation agreement with French missile manufacturer MBDA at the Eurosatory defense exhibition in Paris. The partnership, described as a "considerable billion-dollar amount" by Danish media, focuses on developing new maritime products to bolster military readiness in Europe and NATO, particularly in naval and air defense.

Terma CEO Henriette Hallberg Thygesen stated that the collaboration will enhance both Danish and European defense. "The partnership builds on strong and trusting cooperation, allowing us to jointly develop new solutions, expand our export opportunities, and further strengthen the competencies crucial for Europe's future security," she said. The company expects to unveil its first product in the fall.

The agreement includes development and production activities at Terma's locations in Lystrup, Søborg, and Grenaa. MBDA CEO Eric Béranger views this as the first step in a long-term relationship with the Danish defense industry. "It reflects MBDA's collaborative approach to developing innovative solutions that meet the needs of the armed forces and strengthen Europe's defense capability," he stated. He also noted it reinforces MBDA's partnership with Denmark following the selection of its air defense systems for protecting Danish airspace.

This collaboration follows Denmark's mid-2025 acquisition of air defense systems from both German Diehl Defence and MBDA, part of a package valued at over six billion Danish kroner, which also included a Norwegian leasing agreement.