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Volume 2008
Main headlines from this issue
Confederation of Indian industry says concerns about benefits unfounded
The Confederation of Indian Industry (CII) has conducted a study jointly with Religare, an integrated financial services institution, on the effects of offset in India. The study is titled “Offset Policy for Enhancing Industry Participation in Defence Production – The Way Forward.”
Greece launches registry; Offset benefits restricted to affiliates
Greece has established a Defence Material Manufacturers Registry for all domestic defence manufacturers. Companies that do not register will not be eligible for sub-contracting work or for offsets...
Vietnam to promote foreign development of defence sector
The People’s Army of Vietnam will transfer its companies engaged in business activities to state-run civil agencies by 2012, Defence Minister Phung Quang Than promised. The government will then encourage and facilitate both local and foreign suppliers to participate in scientific and technical research for defence development...
Special Report: 12th report to congress onthe impact of offsets in defence trade
The US Department of Commerce’s 12th annual study of Offsets in Defence Trade finds that offset demands are increasing in all regions. Last year the study recorded a decline of 4.5 percent in comparison to 2004...
Main headlines from this issue
New Danish IC are published…then revoked
Denmark’s new industrial cooperation policy appears to be falling apart at the seams. Following a sequence of inexplicable delays and changes in the opening days of 2008, confusion reigns after the published text was revoked then republished...
Eurofighter withdraws from Danish and Norwegian fighter jet contest – cites unfair offset provision
The Eurofighter consortium has pulled out of tenders in Norway and Denmark for more than 100 fighter jets after complaining that it is “ill at ease” with changes in the procurement process...
Australia to establish new defence technology centre
Australia will establish an A$82m ($72.5m) Defence Materials Technology Centre to drive innovation in defence technology. The focus will be on four key research programs: air platforms, maritime platforms, armour applications, and propulsion systems...
India: HAL to back Boeing’s offset credit claims under $1BN MoU
Boeing and India’s Hindustan Aeronautics Ltd. (HAL) have signed a 10-year Memorandum of Understanding (MoU) intended to bring more than $1bn of new aerospace manufacturing work to India, a Boeing company statement said. The agreement enables HAL’s use of key Boeing business and manufacturing tools...