Main headlines from this issue

Ukraine launches joint production initiative with partner countries

Ukraine has launched a new international initiative for the joint production of Ukrainian weapons in partner countries. Ukrainian Defence Minister Rustem Umerov announced the initiative on 4 June at the 28th Ukraine Defense Contact Group meeting (‘Ramstein’ format).

Thailand picked offset-heavy Gripen offer over F-16s

The Royal Thai Air Force (RTAF) has decided on the Saab Gripen E/F as its future multi-role fighter jet, with offsets playing a decisive role in the selection. The Swedish offer, selected on 4 June, includes a long-term offset package which reportedly equates to around 155 percent of the contract value.

Turkey advances cooperation in Indonesia and Finland

Turkey signed a USD10bn agreement with Indonesia for the sale of its indigenously developed KAAN fighter jet on 11 June. This followed a defence industry cooperation MoU signed between Turkey and Finland earlier this month, to enhance joint production, technology exchange, and capability development.

Canadian firm expands cooperation with Singapore and Czech Republic

Canadian armoured vehicle company Roshel is engaging in offset projects, as both a recipient and an obligor. Last month, Roshel signed an agreement with Singapore’s ST Engineering to produce the ExtremV vehicle in Canada and a strategic agreement with OMNIPOL to begin production of Senator armoured vehicles in the Czech Republic.

Spain to co-produce Turkish jet and European missile

Turkish Aerospace Industries (TAI) has signed an MoU with Airbus Defence and Space and up to 15 Spanish companies to co-develop a new jet trainer based on TAI’s Hürjet combat aircraft. Separately, European aerospace company Destinus has entered a strategic partnership with Spain’s Grupo Oesía to cooperate on the RUTA long-range missiles.

Rosoboronexport official announces offset discussions worth over $30bn

Russia’s Rosoboronexport is reportedly discussing cooperation projects involving joint production and technology transfer with 20 partner countries valued at over USD30bn. The state-owned export agency’s general director Alexander Mikheev confirmed this to Russian media outlet TASS last month.