Friday, 18 September 2020

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, No 17, Monday 09th September, 2013

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MAIN HEADLINES FROM THIS ISSUE:

  • India calls in the penalties

    India’s Department of Defence Production has issued default warnings concerning two offset contracts. The MoD is claiming penalties of $2.5m for shortfalls in meeting the obligations. The department has initiated action concerning a further eight contracts where interim shortfalls of $23m have been reported by contractors..….A “high level collegiate committee” will report to the Offset Directorate…..

  • Norway cleared for revised offset regulations

    Norway, together with Iceland, will transpose defence directive 2009/81 EC into national legislation by December 14, 2013. They will be the last European countries to comply. Norway’s tiff with Liechtenstein is over.

  • Japan to manufacture components worth ten percent of F-35A’s value

    The Japanese companies Mitsubishi Electric and IHI will manufacture 24 components of the F-35A. The agreement will enable the companies to acquire technologies necessary for an indigenous Japanese fighter to be assembled in the future.

  • Scotland would lose out on UK defence contracts awarded under Article 346

    The minutes of oral evidence taken at a recent House of Commons Defence Committee hearing on the defence implications of possible Scottish independence raised surprising issues concerning the application of Article 346 of the defence directive.

  • Unusual Zimbabwe barter deal paves way for infrastructure development

    A major South African construction company has been given 134 hectares of land as part-payment under a barter deal involving the construction of a direct link between Zimbabwe’s city centre and Harare International Airport. The land will be used for a mall.

AND LOT'S MORE...

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