Why would offsets be any more taboo than other preferential economic policies? That is the question Dr Alan Colegrove, retired business development executive formerly with Boeing, Northrop Grumman, and Textron, explores in his most recent book, Offsets on the Offensive.
Poland is one step closer to securing technology for its three Miecznik (Swordfish) multi-mission frigates. Babcock International has now signed a framework agreement with its Polish partner PGZ to launch a joint venture to “establish sovereign capability in Poland,” a spokesperson informed CTO.
Raytheon and Lockheed Martin signed a PLN1bn (USD241.4m) agreement with Poland on 25 August to expand manufacturing and MRO facilities in-country. The American primes will partner five Polish companies for eight projects spanning “technology, training, and technical assistance.”
Brazil’s Embraer and India’s state-owned Hindustan Aeronautics Limited (HAL) are close to finalising a joint venture to supply the C-390 Millennium medium transport aircraft (MTA) to the Indian Air Force (IAF), in what could be Brazil’s largest-ever deal for the aircraft.
Russia’s United Aircraft Corporation (UAC) has withdrawn from its 7-year joint venture with Commercial Aircraft Corporation of China (COMAC) to manufacture CR929 widebody aircraft, citing us-led international sanctions.