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Companies

271 Companies with capabilities in Textile, Individual Equipment, Clothing

News

436 news related to "Alternative Energy" in the last month

Tenders

299 Tenders related to "aircraft" worldwide

Intelligence

Defence and Offset/IC literature from 40 countries around the globe

Country Intelligence

Comprehensive economic, political, as well as military analysis and forecasts, for some 90 countries around the globe.
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ASIA

  • 1018 Companies from 26 Countries.
  • Average defence spending for the region is 2.55% of the GDP
  • 11 Countries employing Offsets/IC

EUROPE

  • 1138 Companies from 34 Countries.
  • Average defence spending for the region is 1.63% of the GDP
  • 15 Countries employing Offsets/IC

LATIN & CENTRAL AMERICA

  • 655 Companies from 12 Countries.
  • Average defence spending for the region is 2.43% of the GDP
  • 2 Countries employing Offsets/IC

NORTH AMERICA

  • 106 Companies from 3 Countries.
  • Average defence spending for the region is 2.14% of the GDP
  • 2 Countries employing Offsets/IC

OCEANIA

  • 62 Companies from 2 Countries.
  • Average defence spending for the region is 1.56% of the GDP
  • 2 Countries employing Offsets/IC

AFRICA

  • 78 Companies from 10 Countries.
  • Average defence spending for the region is 2.40% of the GDP
  • 6 Countries employing Offsets/IC

Gulf Cooperation Council (GCC)

  • 527 Companies from 6 Countries.
  • Average defence spending for the region is 6.84% of the GDP
  • 2 Countries employing Offsets/IC

Industry Directory

The EPICOS Industry Directory, is a comprehensive database of over 3500 entities, active in the Aerospace, Defence and High Technology (ADHT) sectors.

Offsets / IC

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Offsets/Industrial Cooperation (IC) is the umbrella term for a broad range of industrial and commercial compensatory practices demanded as a condition for acquisition of strategic military or civil equipment. Offsets are officially or unofficially used by more than 90 governments today, while more and more countries recognise the benefits that a structured offset policy can bring to the economy. Each country has its own regulatory framework regarding Offsets/IC, with varying degrees of complexity. Offsets/IC are generally associated with major Aerospace and Defence (A&D) contracts from foreign suppliers. Programs are negotiated between prime contractors and governments, usually the ministry of defence or the ministry of economy, and in some cases, directly with the Procurement Authorities of the Armed Forces.

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Offsets/IC come in different shapes and forms, but can generally be divided into two main categories:

  • Direct Offsets: Transactions directly related to the defence contract, which usually come in the form of co-production, subcontracting, technology transfer, training, production, licensed production, or financing activities.
  • Indirect Offsets: Transactions not directly related to the defence contract, which aim to trigger other technological and industrial advancements in the defence or other sectors, like IT or Telecommunications, by drawing on the multiple areas of knowledge and technology capabilities of the prime contractors, or their subcontractors. Indirect offsets can include purchases, investment, training, financing activities, marketing/exporting assistance, and technology transfer.

Every country has developed its own socioeconomic and political connotation of Offsets/IC by structuring offset regulations that best serve their needs. On the one hand, developed countries with established defence industries use offsets as a way of enhancing product development and market access by placing subcontracting work or infusing advanced technology to their domestic defence or high tech companies. On the other hand, less developed countries use offsets in order to obtain technology and capabilities that do not exist in their current industrial base, as well as establish cooperation and integrate their industry into international supply chain channels. Overall, offset policies greatly differ from country to country and related 'eligible' offset transactions (per country), are mostly selected on a discretionary basis, hence, each offset package can be fairly characterized as 'unique'.

Agenda

17
November
London
Now in its 10th year, SMi Group are pleased to present the Social Media in the Defence and Military Sector conference,...
09
November
IsraelTel-Aviv
ISDEF 2021 is Israel’s largest Defense, HLS and Cyber Exhibition. Focusing on interoperability between defense and...
27
September
The market for drones and UAVs has grown exponentially and the demand for these indispensable capabilities has led to...

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