Programme

Examine changes in offset stipulations in the global defence market; the trends and themes emerging from this; and the outlook for industry.

Examine the changing approach of industry to offset obligations. Measures such as delegating responsibility down the supply chain to adapting to changing demands (eg: BAE Systems’ realisation that when Indians demand offsets it doesn’t mean they ‘just want to paint ships’. To be based on interviews (unattributed and otherwise) with primes, plus offset practitioners (consultants and corporate facilitators).

Examine current changes (ranging from Saudi’s “Saudisation” to create meaningful employment, imminent EU legislation, and India’s current reforms) and comment on success (or otherwise) to date, and the outlook over the coming years. Include assessment of risks and strength of drivers behind change.

To conclude with the outlook by region / market. Potential for scenario-based format.