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Jun 19, 2018
Turkey is lowering the multipliers for some transaction categories and increasing them for others. It will also reduce the penalty and bank guarantee, and designate the industrial participation/offset agreement as...
Jun 19, 2018
Saudi Arabia’s newly-formed General Authority of Military Industries (GAMI) will begin operations in December this year as the country’s Vision 2030 picks up steam, said Walid A. Abukhaled, chief executive,...
Jun 19, 2018
India’s lack of clarity presents severe challenges to contractors attempting to secure and realise Indian offset credits. Rahul Madhavan, vice president, international development and strategy for the American multinational engineering...
Jun 19, 2018
Switzerland has modified its offset policy by streamlining the language and introducing the terms and conditions of the offset agreement and the banking agreement into the guidelines. The armaments policy...
Jun 19, 2018
Analysis by Jane’s has shown that the European offset market has seen little change in the years following the introduction of Defence Directive 2009/81/EC. The directive aims to ban offsets...
Jun 19, 2018
Finland, Sweden, and Denmark sit together on many issues but differ in their views of defence solutions. A panel comprising representatives of the countries’ defence industry associations insisted that Article...