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May 28, 2019
Saudi Arabian Military Industries (SAMI) has signed a Memorandum of Agreement (MoA) with Naval Group to establish a joint venture for naval defence work. The MoA focused on localising industrial...
May 28, 2019
Russian Helicopters, a subsidiary of Rostec, signed five industrial participation MoUs with Indian firms at Aero India 2019. The parties agreed to explore the production of assemblies and components for...
May 28, 2019
India’s MoD has issued an Expression of Interest (EoI) for short-listing potential Indian strategic partners and foreign OEMs for the procurement of 111 Naval Utility Helicopters (NUH) for the Indian...
May 28, 2019
India’s Comptroller and Auditor General (CAG) has tabled a 141-page report in parliament on defence acquisitions. The report includes 32 pages dedicated to the Rafale deal. The CAG found that...
May 28, 2019
India’s MoD has announced that it signed 21 defence offset contracts with a cumulative value of approximately $5.67bn over the last three years. Last month a parliamentary standing committee on...
May 28, 2019
Bae Systems To Set Up Local Mro Facility In UAE; BAE Systems has signed an MoU for a partnership with the UAE’s Advanced Military Maintenance Repair and Overhaul Centre (AMMROC)....
May 28, 2019
An offset panel discussion during the International Defence Conference (IDC) examined the difficulties facing contractors. It emphasised co-operation. The panel comprised of Dr. Andreas Schwer, CEO of Saudi Arabian Military...
May 28, 2019
All the money in the world couldn’t save the International Defence Conference (IDC) in Abu Dhabi from lacklustre planning and poor communication. Held in the $3bn Emirates Palace Hotel on...
May 28, 2019
The Tawazun Economic Council, the body responsible for managing offsets in the United Arab Emirates, is discarding a dusty economic mandate that has been the offset policy’s bedrock since 1992....
May 27, 2019
Germany, France and the UK (the E3) have established a joint Special Purpose Vehicle to circumvent U.S. sanctions against Iran. The vehicle is a barter mechanism. The Instrument In Support...