XXXIII, No 21, 09/11/2015
Armscor stuck over MBDA’S obligation – just one new ‘DIP’ last year
Armscor’s annual report for 2014/15 reveals that after yet another year, MBDA’s Defence Industrial Participation (DIP) obligation remains delinquent. Fulfilment seems unlikely, the report says. No reference is made to the penalty provisions or any intention to apply them….. Armscor is currently managing seventeen DIP agreements…..