Main headlines from this issue

Vincent Tchenguiz designs a billion dollar offset fund

The Consensus Business Group (CBG), an offset service provider reported to have withdrawn from the offset scene in 2008, is preparing to resume operations. Under the chairmanship and executive control of Vincent Tchenguiz, those operations appear to be significant in scale.

Multi-billion dollar defence deals prompt France to support Indian bid for UN Security Council seat

The French declaration comes against a background of several multi-billion dollar defence deals that India will soon award.

Malaysia’s MAC council aims to augment country’s aerospace manufacturing industry

The Malaysian Aerospace Council (MAC) has held a discussion to review challenges facing the country’s aerospace industry. The working committee discussed ways Malaysia could improve its strategies and consolidate its growth in the field of aerospace manufacturing.

South Africa’s SDP offset programme and external offset packages – “a study in ambiguity”

A presentation on South Africa’s offset process to a public procurement workshop in Istanbul, Turkey, last month, apparently made a lasting impression.....

Poland’s PZL promises assembly for India’s Mahindra

In some positive news for Indian private sector companies, PZL, Airbus Military's subsidiary in Poland, has signed a preliminary MoU with Mahindra and several other Indian companies for aircraft assembly on a tender for 75 aircraft.