Wednesday, 01 April 2020

, No 4, Monday 17th February, 2020

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MAIN HEADLINES FROM THIS ISSUE:

  • Modi hails defence manufacturing success amid U.S. offset criticism

    India’s Prime Minister Shri Narendra Modi has hailed the country’s success in developing a local defence industry. He made the comments in a speech inaugurating DefExpo 2020 in Lucknow. Attendees, including the U.S. Ambassador, were less impressed. They’ve called for changes to the country’s offset guidelines…

  • South Africa’s DTI to amend offset guidelines, make pharma companies compliant

  • UK company accuses Chinese investor of tech theft

    British precision-engineering company Smiths (Harlow) has accused a Chinese investor of stealing its intellectual property following a tech transfer-for-investment deal. The allegation resonates with criticism that Beijing supports the state-backed theft of intellectual property and forced tech transfers.

  • Poland’s F-35 deal: an offset in all but name

    Poland’s Minister of National Defence, Mariusz Blaszczak, has signed an agreement with Lockheed Martin for the delivery of 32 F-35 multi-purpose jets. In accordance with earlier announcements, the government said the deal does not include an offset agreement. The price has been reduced instead.

  • Five OEMs respond to Finland fighter RfQ

    Finland’s HX Fighter procurement program has entered its evaluation phase after five contenders responded to a revised Request for Quotation (RfQ). Finland requires 30 percent industrial participation, valued approximately at €2bn-€3bn.

AND LOT'S MORE...

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