The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has received just three comments in response to its proposals to update the information American companies must supply each year...
“Why do Western airframers such as Airbus and Boeing continue to donate know-how and tribal knowledge to China?” The answer is that technology transfer is required to sustain Western aircraft sales to China. This is tantamount to borrowing time.
Owen Herrnstadt, Director of Trade and Globalization Policy for the powerful trade union, the International Association of Machinists and Aerospace Workers, has appeared before the Trade Subcommittee for Foreign Affairs on Capitol Hill to argue against offsets.
In a gambit that may throw Boeing’s offer into a tailspin, Saab said it is prepared to shift up to 50 percent of future Gripen production to Brazil if Saab wins the order for 36 fighters. The order is worth about €1.8bn.
Malaysia’s Defence Minister, Datuk Seri Ahmad Zahid, said several defence producers from Europe and the U.S. have agreed to make Malaysia their marketing base.