Trump seeks 700 jobs in Jutland | Money

Concerns Raised by Dansk Industri

Donald Trump’s threats against Danish jobs have raised concerns within Dansk Industri.

Terma’s Involvement in F35 Project

Terma has been a part of the F35 project for decades, producing over 80 different parts for the aircraft in Denmark.

Range of Components Produced by Terma

These components include advanced plates for radar invisibility, holders for missiles and cannons, and high-tech radar equipment.

Workforce Impact

Around 700 of Terma’s employees are directly involved in the F35 project, including welders, industrial technicians, engineers, and unskilled workers trained by the company.

Assessment of Trump’s Statements

Joachim Finkielman suggests caution in interpreting Trump’s remarks, emphasizing the Biden administration’s new defense industry strategy favoring increased collaboration.

Focus on F35 Production

Terma’s communication director, Kasper Hyllested, highlights the significance of producing parts for the F35 aircraft:

“The F-35 production is crucial for us and our factories in Grenaa and Lystrup. It contributes significantly to our revenue, and we manufacture many parts for it daily.”

Revenue Figures

Terma achieved a total sales of 2.6 billion DKK last year.

Response to Trump’s Statements

Terma refrains from commenting extensively on Trump’s messages related to the American election campaign.

“We don’t have many comments on the U.S. election campaign in general. However, I can say that the decision is not easy to execute,” says Kasper Hyllested.

Historic F35 Project

The F35 fighter jet is considered the largest industrial project in history, with a massive budget, numerous partner countries, and over 1,000 involved companies.

Past Actions Under Trump Administration

In 2019, during Trump’s presidency, the U.S. expelled Turkey from the F35 project due to their purchase of a Russian weapons system.

The Pentagon estimated the cost of relocating production out of Turkey to be up to four billion DKK.