Turkey is planning to launch a new “industrialisation process.” The update will change procurement priorities, multipliers, and export promotion. The government is also preparing to introduce new purchase guarantees, designed to boost the country’s defence SMEs.
Offsets should be leveraged to promote common global interests, says a Department of Defense (DoD) representative. The comments, made during the December GICA virtual conference, come as the Federal Acquisition Regulation Council (FAR) considers strict amendments to the Buy American Act.
During December’s GICA virtual conference, Brazil acknowledged the challenges of engaging with Brazilian procurement programmes. To help foreign suppliers navigate the country’s industrial base, the Air Force is launching a new software programme.
France and the United Arab Emirates (UAE) have signed a €17bn ($19bn) contract for several arms procurements. But the deal includes no provision to carry out industrial offset investments in the UAE.
India and Russia have renewed a 10-year pact for defence cooperation, and concluded a deal for the manufacture of more than 600,000 Russian assault rifles for the Indian Army. The countries are now negotiating the licensed production of twin-jet fighters and air defence missiles systems in India.