Main headlines from this issue

India: Offset agency quarrels and policy rumours create usual confusion

Internal disagreements are delaying the Indian MoD’s revisions to the country’s offset policy. The Acquisition Wing and the Department of Defence Production (DDP) are arguing over which agency should hold exclusive responsibility for the offsets.

Korea revisits its offset regulations

DAPA has updated the country’s offset regulations. The new policy reflects a more discretionary approach to the offset quota for government-to-government (G2G) defence contracts, adjusts the rules on credit banking, and introduces swaps as an acceptable practice.

Study of Egypt’s military programme exposes an underrated industrial participation policy

Despite their increased costs Egypt’s co-production agreements and technology transfers may be intensifying under the leadership of an interim military government, says an academic study of the Egyptian military.

Sinking feeling as Daewoo’s British shipbuilding contract makes waves

Britain’s Royal Navy is to award a £452m contract to South Korea’s Daewoo Shipbuilding and Marine Engineering to build four tankers. UK companies will benefit from £150m of associated contracts, equivalent to 33 percent of purchase contract value.

Swiss prepare to negotiate 100 percent offset benefits for Gripen procurement

With the selection of Saab settled as the preferred bidder for the Swiss multirole fighter, attention is now focused on two principle issues: how to finance the Sfr3.1bn ($3.4bn) Gripen E/F procurement; and determining the reciprocal benefits.