Sunday, 19 January 2020
  • Headlines from latest issue
    , No 1, Monday 06th January, 2020

    Saudi lawsuit against Textron reveals confidential preparations to discharge offsets for cluster bomb contract

    A three-judge panel on the U.S. appellate court has ruled in favour of Textron Systems Corporation in a case that revealed controversial offset details. The court decided that Arabian Support and Services Co. (ASASCO) could not require Textron to pay for offset services.

  • Headlines from latest issue
    , No 1, Monday 06th January, 2020

    Saudi Arabia passes new local content regulation

    Two new laws amending the Saudi government procurement process in the commercial sector took effect on December 1. The laws impose local content requirements on contractors. Preference will be given for Saudi SMEs and publicly listed companies.

  • Headlines from latest issue
    , No 1, Monday 06th January, 2020

    CTO investigates Russia’s offset regime

    A legal review of Russia’s offset legislation, commissioned by CTO, reveals that although there are no examples of offset contracts concluded under Russian law in the public domain, state defence contracts may contain contractual commitments, including offset requirements, that go beyond current Russian legislation on government procurements.

  • Headlines from latest issue
    , No 1, Monday 06th January, 2020

    Contractors in Australia could face local content audit

    Foreign defence contractors working on large projects in Australia are facing the prospect of an audit by the Australian government on their use of local content, according to reports. The audit is in response to criticism from industry for the perceived failure to ensure the involvement of Australian companies in large procurement projects.

  • Headlines from latest issue
    , No 1, Monday 06th January, 2020

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    DKF is a European non-profit association for countertrade & offset that welcomes the entire national and international entrepreneurial community as members.

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    A|D|S is a trade organisation advancing UK AeroSpace, Defence and Security industries and formed through the merger of several defence associations, including the DMA, APPSS and SBAC.

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    GOCA promotes trade and commerce between companies around the world and their foreign customers through a greater understanding of countertrade and offset.

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    ECCO is a worldwide platform where both business-wise and broader legal, economic and financial issues related to offsets and industrial participation in general are discussed.

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