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Apr 7, 2021
Israel’s Industrial Cooperation Authority (ICA), the body responsible for managing the country’s offsets, is looking for manufacturers of large sheet metal fabricated parts. In a bilingual document sent to the...
Apr 7, 2021
EDGE, the defence industry conglomerate in the UAE, has agreed an MoU with Israel Aerospace Industry (IAI). The agreement was signed on March 11. The Israeli company will work with...
Apr 7, 2021
Rheinmetall Defence Australia, offering its KF-41 Lynx, and Hanwha Defense Australia, with its Redback, have been shortlisted for the largest acquisition project in the history of the Australian Army. The...
Apr 7, 2021
Australia and Naval Group have reached an agreement regarding levels of local content in the country’s Future Submarine Programme. According to Janes, which quotes “informed sources,” Naval Group will commit...
Apr 7, 2021
Oman has signed an agreement with Eller Executive Education, a leadership programme at the University of Arizona. The deal is part of an offset agreement with Lenco Armored Vehicles. The...
Apr 7, 2021
The Japanese manufacturer of Britain’s intercity express and Javelin high-speed trains has committed to building more of its rolling stock in the UK. The announcement from Hitachi Rail comes as...
Apr 7, 2021
Airbus’s Annual Financial Statements for 2020 note that since 2017 the company has been conducting a thorough bribery and corruption risk assessment across its two divisions and different businesses. The...
Apr 7, 2021
Malaysia is planning to launch a new National Defence and Security Industry Policy with the goal of increasing indigenous production. The policy is still in development, said the country’s Defence...
Apr 7, 2021
Lockheed Martin ended 2020 with outstanding offset agreements worth about $17.5bn. The offsets are largely in the company’s business segments of Aeronautics; Missiles and Fire Control; and Rotary and Mission...
Apr 7, 2021
Avascent, a management consulting firm for government-driven industries, predicts the value of global defence offsets to reach almost $400bn over the next five years. However, after taking the ability of...