Main headlines from this issue

EDA may see regional approach as offset solution

Regionality may form part of the European Defence Agency’s (EDA) answer to the sensitive question of whether member states should be able to continue to ask for offsets...

Poland reminds delegates of recent technical adjustments to regulations

?ukasz Kaniuka, Main Specialist in the Polish Ministry of Economy’s Department of Offset Programs, alerted conference delegates to some recent policy fine-tuning. Previously, the offset contract had to be concluded within 60 days of the foreign contractor signing the supply contract...

Polish industry would not survive without offsets

Jan Dolaniecki, Manager of the Offset Bureau for the Bumar Group told conference delegates that about 4,000 jobs have been saved as a result of Poland’s offset program, and perhaps some new jobs have been created too. What is lacking though, he said, is the commitment of obligors to provide for the development of Polish science projects through participation in joint R&D programs. Recommendations will be made to the Ministry of Economy to address this need in future amendments to the offset guidelines...

Lockheed has an easy ride – Beneficiaries reminded they will receive $6BN in benefits, not cash

Stan Ramirez, Deputy Director of Lockheed Martin Aeronautics’ Poland Offset Program, is accustomed to a highly critical domestic press. Ramirez reminded delegates that $6bn in offset economic benefits do not come in the form of cash. Moreover, if you divide those benefits over a ten-year period the impact of $600m a year on an economy is really not that great...