Boeing, Danish Defense Firms Identify Future Collaboration Areas
OREANDA-NEWS. Boeing [NYSE: BA] and six Danish defense companies signed agreements today to jointly pursue a range of business opportunities in defense and aerospace-related manufacturing, maintenance, software and simulation integration, and other areas.
The agreements with Danish Aerotech, Falck Schmidt Defence Systems, IFAD, Multicut, Systematic and Terma are key elements of Boeing's industrial plan related to its F/A-18 Super Hornet offering to Denmark. Just as importantly, they also offer these companies the prospect to expand their businesses and access broader markets through Boeing's diverse portfolio of products, services and technology.
"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 Defence 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."
"The areas of cooperation identified in these agreements draw upon the specialized capabilities of Danish industry to build long-term, sustainable partnerships in both Boeing's commercial and defense businesses," said Debbie Rub, vice president and general manager of Boeing Defense, Space & Security's Global Strike division.
A study released today by the leading Danish economic consultancy DAMVAD shows that collaboration between the Danish defense industry and Boeing in areas of corresponding strengths could result in the creation of more than 10,000 jobs in Denmark and the addition of 6 billion DKK to Denmark's GDP over 20 years.
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