Innovation, Science and Economic Development Canada (ISED), the Canadian government’s offset agency, published its Fall 2023 Industrial and Technological Benefits (ITB) Policy Annual Report on 6 December. The report highlights the economic and innovation impacts of ITB obligations that were active in 2022.
Boeing’s P-8A Poseidon aircraft was announced as the winner of Canada’s Multi-Mission Aircraft (CMMA) project for the Royal Canadian Air Force. A foreign military sales (FMS) letter of offer and acceptance for up to 16 aircraft was signed between the two parties on 30 November.
The Peruvian Ministry of Defence signed the Specific Agreement on Industrial and Social Compensation (Offset) with German prime Rheinmetall MAN Military Vehicles GesmbH on 24 November. Under the agreement, the two parties will collaborate to repower the facilities, logistics, and capabilities of the Peruvian Army’s Armored Maintenance Center (CEMABLIN).
Brazilian aerospace manufacturer Embraer has secured several MoUs as part of its C-390 Millennium programme by expanding its presence and seeking collaboration with multiple partners. South Korea has selected Embraer’s C-390 Millennium as its new military transport aircraft; the Netherlands signed an MoU with the company to expand cooperation in the defence and security sector; and Saudi Arabia has established cooperation with Embraer in its aerospace industry.
India’s Tata Advanced Systems Limited (TASL) has announced a strategic partnership with Airbus S.A.S. in its attempt to strengthen the country’s defence supply chain. The partnership aims to introduce new products to the Indian market that align with the country’s defence needs.
MBDA has announced a new partnership under Team Tempest for the Global Combat Air Programme (GCAP), which involves the UK, Italy, and Japan. MBDA will collaborate with Cranfield University to develop solutions to validate supply chain maturity. This collaboration will also be supported by Rolls-Royce.