Main headlines from this issue

Azerbaijan goes global in search for industrial participation partners

Azerbaijan has announced the establishment of a military industrial complex to reduce dependence upon foreign military procurement. The country, whose defence industry was founded only in 2005, has also produced an informal policy that requires many basic defence procurements to demand domestic industrial participation.

India amends DPP 2011 – permits tier-1 discharge of offsets

.....The revision does not address the position with regard to earlier procurements or clarify whether the MMRCA program will qualify.

British MP rages at BAE’s decision to transfer Hawk production to India

A government MP has heavily criticised BAE Systems in the House of Commons. The company had announced that 3,000 jobs would be lost and a historic Hawk jet manufacturing plant would be closed because production in Britain was moving to India.

Algeria’s experiment with reciprocal investment may be short-lived

Tender documents issued by Algeria’s Ministry of Energy make some big demands but offer little in the way of detail. The tender obliges contractors to invest in Algeria by up to 20 percent of the value of the purchase contract…

Court backs Philippines government in Manila airport terminal BOT dispute

The losing party in a legal dispute to operate Terminal 3 at Manila’s airport is looking into other options after experiencing a setback, an official said.