South Korea's Defence Acquisition Program Administration (DAPA) has published a list of projects expected be subject to offset between 2021 and 2023. Simultaneously, the Korea Research Institute for Defence Technology Planning and Advancement (KRIT) released a new K-Defence Globalisation Strategy.
American defence companies are concerned that new amendments to the Buy American Act could derail future deals.
Members of the Russian state-owned holding conglomerate Rostec are leveraging offset programmes to secure South American procurement programmes.
One month after Australia, the United States and Britain declared the AUKUS pact, the partners are untangling knots in the proposal. Head officials from Australia’s Department of Defence (DoD) and Royal Australian Navy (RAN) were challenged on the subject during a Senate estimates hearing on October 27.
India and Israel’s Joint Working Group (JWG) on Bilateral Defence Cooperation has agreed to form a task force. The task force will formulate a comprehensive, ten-year roadmap towards new areas of defence cooperation.