Malaysia’s tender for light combat aircraft requires 50 percent of payments to be made through countertrade in palm oil. Moving forwards, the country is expected to enforce its countertrade requirement in all international open tenders.
Anthony Albanese has laid out a 10-point plan to boost local industry through procurement if his party returns to power. The government would break tenders into multiple packages to allow smaller companies to bid, and to maximise small business participation in procurement.
Indonesia has made no payments towards the development KF-21 fighter jet in more than five months, reports South Korea’s Defence Acquisition Program Administration (DAPA). Speaking at a parliamentary audit session on October 12…
The governments of Nigeria and Turkey have signed a memorandum on cooperation and technology transfer in defence procurements. The MoU was one of seven deals signed during President Recep Erdogan’s diplomatic visit to the Gulf of Guinea from October 17 to 20.
Saab is expanding its R&D operations in Finland, especially in the fields of data-link communication and VR/XR technology. Saab’s latest activities come as Helsinki prepares its final decision on the HX fighter jet programme.