Saturday, 18 September 2021
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Up-to-the-minute perspectives on defence, security and peace
issues from and for policy makers and opinion leaders.
        



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costs

Offset the compulsory inward investment imposed on foreign defence suppliers by a purchasing government is tolerated as a feature of the market rather than embraced. Tolerance of offset has become increasingly important over the last ten years. Since 1999, 22 countries have introduced formal offset legislation or policies. The scope of offset obligations is also increasing in terms of both the quota required by the buyer and the range of contractors obligated. This helps to explain why the European Commission (EC) and the US Department of Commerce (DoC) view offset as legally and commercially problematic.

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By David Hoghton-Carter, Research Associate U K Defence Forum

Nearly two weeks ago, the MOD announced that Project Belvedere, the military's scheme to consolidate helicopter basing and command and control facilities, was finally being scrapped. This truly flabbergasting event comes in spite of how patently hale and hearty the plans were.

Apologies for the brief segue into sarcasm after all, the eventual death of Project Belvedere falls under the "OK, we've got to finally fess up that this is going nowhere" approach to project management. The MOD Press Release was slipped out amidst the ongoing expenses scandal, (good day to bury bad news anyone? The old ones are the good ones...)

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