Terma A/S

Terma A/S

Industry	Electronics, weapons, aerospace
Founded	1944
Key people	Jes Munk (CEO)
Products	Aeronautics, Space, Surveillance & Mission Systems
Revenue	DKK 2,633 million (2023/2024)[1]
Net income	DKK 206 million (2023/2024)[1]
Number of employees	1,700 (2023/2024)[1]
Website	[1]

Terma A/S is a Danish weapon 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 weapon 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 defence electronics, and had diversified into air defense systems, aircraft avionics, and missiles 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]