Atlanta, GA, 31 July 2020- It is with great pleasure to announce that David Wessing has accepted the offer to take on the role and responsibility as General Manager & Chief Operating Officer for Terma North America Inc (TNA). Having joined Terma in 2017, David Wessing will continue his leadership in building up a strong TNA organization to handle the US growth across our business areas.

With a background as an AV-8B Harrier pilot from the US Marine Corps, David Wessing draws on an impressive experience both in operations and innovation management that he will be able to fully exploit in his new and expanded capacity.

Furthermore, it is with great pleasure that we can announce David Martin as Senior Vice President for the Aeronautics business area based at our Atlanta office with a global and full profit & loss responsibility across the Terma Group. David Martin has an impressive leadership background within aeronautics business development. Most recently, he was Vice President for business development at Leonardo Electronics US, where he grew the business within electronics warfare and avionics significantly.

The outlook for the Aeronautics business area in Terma is looking very promising. With a record high order intake in FY 2019/20, the foundation for a solid growth in the coming years has been secured. In FY 2019/20, the Aeronautics revenue was 997 MDKK, approximately 150 MUSD, corresponding to 52% of the total revenue for the Terma Group.

Tom Burbage
Chairman, Board of Directors
Terma North America, Inc.

&

Jes Munk Hansen
CEO & President
Terma Group (Terma A/S)