• Headlines from latest issue - , No 23, Monday 11th December, 2017

    “My government is stupid” – Romania’s Patriot contract ignites a firestorm

    Romania’s agreement to purchase Raytheon’s Patriot air and missile defence system has angered the country’s defence community. Although a statement issued by Raytheon suggests otherwise, the agreement makes no reference to domestic industrial participation. In calm and measured insults, the Executive Director of the Romanian Defence Trade Association accused his government of being “stupid,” and Raytheon and other American companies of lacking vision for the future.

  • Headlines from latest issue - , No 23, Monday 11th December, 2017

    Watchdog reprimands Portuguese agencies over execution mismanagement

    Portugal’s Court of Auditors has accused the Ministry of Economy and Employment of not properly considering the interests of the state when negotiating offsets. The criticism concerns the 2012 discussions for the C-295 tactical transport aircraft programme.

  • Headlines from latest issue - , No 23, Monday 11th December, 2017

    The Rafale fighter sleaze circus gets under way

    Rafale International, comprising Dassault Aviation, Safran, and Thales, is facing the time-honoured convention of an Indian outburst. A landslide of political and media conspiracy theories has insinuated that something shady is behind the procurement of the Rafale fighters, the offsets, and the joint venture partner. The accusers have failed to provide any evidence.

  • Headlines from latest issue - , No 23, Monday 11th December, 2017

    Peru: A steady policy showing $2bn in benefits over its first six years

    Peru launched its offset policy only in August 2010 but has already seen the execution of projects worth almost $2bn. General Wolfgang Dupeyrat, Director General of Material Resources at the MoD, said that only one country is missing from states whose defence industries are supporting Peru with offsets; the United States.

  • Headlines from latest issue - , No 23, Monday 11th December, 2017

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GOCA promotes trade and commerce between companies around the world and their foreign customers through a greater understanding of countertrade and offset.

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ECCO is a worldwide platform where both business-wise and broader legal, economic and financial issues related to offsets and industrial participation in general are discussed.

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