Main headlines from this issue

Canada revises ITB Policy to enhance industrial cooperation

Canadian Prime Minister Mark Carney announced changes to Canada’s Industrial and Technological Benefits (ITB) Policy during CANSEC on 27 May. The updated policy, which governs industrial cooperation in Canada and is now in effect, is aimed at directing defence-related investments towards areas considered critical for Canada’s competitiveness and industrial resilience.

UK offset policy still underway

At the GICA conference held in Washington D.C. last month, Nick Ridgway, assistant head of strategy development, and Joe Royce, senior strategy and policy advisor, both of the UK’s MoD, made a presentation outlining the progress that was being made towards introducing a new offset policy for the United Kingdom.

Israel adopts new incentive-based cooperation model

At the GICA Conference, Daria Kravtsov, director of Israel’s Industrial Cooperation Authority for North America, announced a new incentive-based industrial cooperation model to align offset obligations more closely with national economic and technological priorities.

Aircraft development under European FCAS programme cancelled

France and Germany have discontinued the Next Generation Fighter development under the Future Combat Air System (FCAS) programme, following years of disagreements between industry partners Dassault Aviation and Airbus over programme governance, industrial workshare, and intellectual property.

Ukraine and Lithuania launch “Brave Lithuania” grant programme

Ukraine and Lithuania have launched Brave Lithuania, a bilateral defence innovation grant programme aimed at accelerating the development of new military technologies while embedding Ukrainian combat-driven innovation within Lithuania’s defence-industrial ecosystem.

Italy-India JV to explore aerospace and defence opportunities

On 4 June, Italy’s ALA Group announced the establishment of a local joint venture with India’s TVS Supply Chain Solutions (TVS SCS) to address opportunities in India’s aerospace and defence sectors.