As technology transfer becomes increasingly more complex, South Korea is warming up to alternative forms of offset, according to Kim Seok, director of the Defense Industry Promotion Bureau at the Defense Acquisition Program Administration (DAPA).
The Philippine International Trading Corporation (PITC) is lobbying to include the industrial participation policy into its procurement law, in the next year, Emmie Liza Perez-Chiong, the undersecretary, president and CEO of PITC, said at the GICA Conference.
Turkey and the United Arab Emirates are developing the cooperation between their defence industries. EDGE Group announced the signing of 24 framework agreements between the two countries during a defence industry event in Ankara on 11 October, hosted jointly by SAHA and EDGE. As part of these agreements, EDGE will set up an organisation in the UAE called MALATH.
India’s Jawaharlal Nehru Port Authority signed a memorandum of understanding with the Tanzania Investment Centre to establish an industrial park in Tanzania, while Cochin Shipyard Ltd. signed an MoU with Marine Services Co. Ltd. for cooperation in the maritime industry. The two countries have officially elevated their bilateral relationship to the status of a "strategic partnership".
Boeing opened a new permanent office in Jakarta, Indonesia, on 4 October. On the same day, the company also signed an MoU with the Indonesian Directorate General of Civil Aviation (DGCA) to explore collaboration initiatives. The two parties will share knowledge in the realm of aviation, focusing on flight safety, efficiency, and sustainability.
Raytheon’s high-energy laser (HEL) system is arriving from the US this month, and Raytheon UK is partnering with local companies in an effort to secure the UK contract for a production-ready HEL weapon system. The company will integrate its weapon system onto British Army vehicles with the help of a local team.